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اردو

Dec 28, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Business & Finance Print 2023-03-15

Lotte Chemical to suspend plant operations today

Recorder Report Published March 15, 2023

KARACHI: The Lotte Chemical Pakistan Limited has decided to temporarily suspend its plant operations from Wednesday (today) till further notice.

“Due to current economic situation prevalent in the country in relation to the foreign exchange reserves and its impact on the ability of banks to open letter of credit for import of raw materials, the company is unable to continue its production activities,” material information sent to the Pakistan Stock Exchange on Tuesday said.

Therefore, the company has decided to temporarily suspend its plant operations from March 15, 2023 till further notice, it added.

foreign exchange reserves Lotte Chemical Pakistan Limited

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USD PKR Interbank Selling / Dec 27	278.47
USD PKR Interbank Buying / Dec 27	278.22
USD to Japanese Yen / Dec 27	157.87
USD to Swiss Franc / Dec 27	0.90
Pound Sterling to USD / Dec 27	1.26
Euro to USD / Dec 27	1.04

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S&P 500 / Dec 27	5,970.84
India Sensex / Dec 27	78,699.07
Tokyo Nikkei / Dec 27	40,281.16
Nasdaq / Dec 27	19,238.48
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Crude Oil USD/Barrel / Dec 27	70.60
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