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Nov 25, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2009-09-13
Forex outlook: US dollar likely to remain under pressure next week

Forex outlook: US dollar likely to remain under pressure next week

The US dollar is likely to remain under pressure in the week ahead with investors reluctant to make big bets in favour of the greenback until the US economy shows significant improvement, analysts said. Though there is evidence that the US economy is reco
Published 13 Sep, 2009 12:00am
JGBs gain, five-year yield falls

JGBs gain, five-year yield falls

Japanese government bonds gained and the five-year yield fell to a four-year low on Friday after Treasuries rallied and as the yen's rise to a seven-month high against the dollar helped stoke deflation worries. After recently lagging their shorter-dated c
Published 13 Sep, 2009 12:00am
JGBs gain, five-year yield falls

JGBs gain, five-year yield falls

Japanese government bonds gained and the five-year yield fell to a four-year low on Friday after Treasuries rallied and as the yen's rise to a seven-month high against the dollar helped stoke deflation worries. After recently lagging their shorter-dated c
Published 13 Sep, 2009 12:00am
China bond yields mixed

China bond yields mixed

Chinese bill and bond yields were generally mixed on Friday despite strong August economic data, as the market continued to believe the central bank would conduct little if any further fine-tuning of monetary policy for now. The government said annual con
Published 13 Sep, 2009 12:00am
China bond yields mixed

China bond yields mixed

Chinese bill and bond yields were generally mixed on Friday despite strong August economic data, as the market continued to believe the central bank would conduct little if any further fine-tuning of monetary policy for now. The government said annual con
Published 13 Sep, 2009 12:00am
If inflation surges, indexed bonds may be scarce

If inflation surges, indexed bonds may be scarce

In a weak global economy, inflation may be years away. But once it erupts, investors could find they can't get enough inflation-linked bonds. These debt instruments offer security for investors by keeping pace with rising prices in the economy. They carry
Published 13 Sep, 2009 12:00am
If inflation surges, indexed bonds may be scarce

If inflation surges, indexed bonds may be scarce

In a weak global economy, inflation may be years away. But once it erupts, investors could find they can't get enough inflation-linked bonds. These debt instruments offer security for investors by keeping pace with rising prices in the economy. They carry
Published 13 Sep, 2009 12:00am
US treasury prices higher

US treasury prices higher

US Treasury prices rose on Friday, ending another strong week, as ravenous appetite for government debt eclipsed encouraging economic data and this week's gains on Wall Street. Nagging doubts over a sustained US economic recovery, plus a general view of l
Published 13 Sep, 2009 12:00am
South Korean treasury-bonds edge up

South Korean treasury-bonds edge up

South Korean treasury bond prices edged up on Friday after massive sell-offs on Thursday, but short-dated certificate of deposit (CD) rates hit a 7-month high amid growing chances of an early rate hike. Debt futures managed to pare up to a third of Thursd
Published 13 Sep, 2009 12:00am
South Korean treasury-bonds edge up

South Korean treasury-bonds edge up

South Korean treasury bond prices edged up on Friday after massive sell-offs on Thursday, but short-dated certificate of deposit (CD) rates hit a 7-month high amid growing chances of an early rate hike. Debt futures managed to pare up to a third of Thursd
Published 13 Sep, 2009 12:00am
US treasury prices higher

US treasury prices higher

US Treasury prices rose on Friday, ending another strong week, as ravenous appetite for government debt eclipsed encouraging economic data and this week's gains on Wall Street. Nagging doubts over a sustained US economic recovery, plus a general view of l
Published 13 Sep, 2009 12:00am
Toronto stocks move up

Toronto stocks move up

Toronto's main stock index closed higher on Friday after touching its highest level in nearly a year, driven up by EnCana Corp on news of its plan to split the company. EnCana shares were given a boost as the company filled in details of its revived plan
Published 13 Sep, 2009 12:00am
Thai bond yields set to rise

Thai bond yields set to rise

Thai government bond yields are likely to rise steadily over the next 12 months due to inflation, the economic recovery, a shift in flows to equities and a jump in new bonds to raise funds for stimulus spending, analysts said. Yields on five-year governme
Published 13 Sep, 2009 12:00am
Thai bond yields set to rise

Thai bond yields set to rise

Thai government bond yields are likely to rise steadily over the next 12 months due to inflation, the economic recovery, a shift in flows to equities and a jump in new bonds to raise funds for stimulus spending, analysts said. Yields on five-year governme
Published 13 Sep, 2009 12:00am
Wall Street ends five days of gains

Wall Street ends five days of gains

US stocks broke a five-day winning streak on Friday on a drop in crude oil prices but posted solid gains for the week. Data showing a stronger-than-expected rise in consumer sentiment and a bright outlook from shipper FedEx on Friday were not enough to mo
Published 13 Sep, 2009 12:00am
Italy's bond spree set to continue

Italy's bond spree set to continue

Italian bond issues, both from corporates and the Treasury, are likely to continue apace after this week's bumper crop, market players said, as investors see signs the worst of the economic crisis is over. "It's an indication of the fact that the crisis c
Published 13 Sep, 2009 12:00am
Italy's bond spree set to continue

Italy's bond spree set to continue

Italian bond issues, both from corporates and the Treasury, are likely to continue apace after this week's bumper crop, market players said, as investors see signs the worst of the economic crisis is over. "It's an indication of the fact that the crisis c
Published 13 Sep, 2009 12:00am
US corporate bond spreads unchanged

US corporate bond spreads unchanged

US corporate bond spreads were steady but with a firm tone on Friday as cash continues to pour in to the asset class while investors were content to sit on this week's gains. In the cash market, spreads were generally unchanged but tighter by 1 to 2 basis
Published 13 Sep, 2009 12:00am
US corporate bond spreads unchanged

US corporate bond spreads unchanged

US corporate bond spreads were steady but with a firm tone on Friday as cash continues to pour in to the asset class while investors were content to sit on this week's gains. In the cash market, spreads were generally unchanged but tighter by 1 to 2 basis
Published 13 Sep, 2009 12:00am
Chilean stocks rise

Chilean stocks rise

Chilean stocks were higher on Friday, boosted by shares of top lithium and iodine producer Soquimich (SQM) and retailer Cencosud, while the peso closed slightly firmer, traders said. Chile's blue chip IPSA stock index was trading 0.43 percent higher at 3,
Published 13 Sep, 2009 12:00am
Delta may invest up to $550 million in JAL

Delta may invest up to $550 million in JAL

US carrier Delta Air Lines may invest up to 550 million dollars in cash-strapped Japan Airlines to make it the carrier's biggest shareholder, Japanese media reported Saturday. Delta has told JAL of its interest in investing up to 50 billion yen in the Jap
Published 13 Sep, 2009 12:00am
Cyprus finance minister says economy to shrink in 2009

Cyprus finance minister says economy to shrink in 2009

Eurozone member Cyprus will see an economic contraction of 0.5 percent in 2009 but expects an upswing in 2010, its finance minister said on Saturday. Finance minister Charilaos Stavrakis said the island would see an upswing in growth of 0.5 percent in 201
Published 13 Sep, 2009 12:00am
Microsoft $358 million damage award overturned

Microsoft $358 million damage award overturned

A US court of appeals on Friday overturned a $358 million damages award against software maker Microsoft Corp in a long-running patent dispute with French telecoms equipment firm Alcatel-Lucent. The United States Court of Appeals for the Federal Circuit,
Published 13 Sep, 2009 12:00am
Hedge fund rules may be beefed up: EU lawmaker

Hedge fund rules may be beefed up: EU lawmaker

A draft European Union law to regulate the managers of hedge funds and other alternative investment funds may be strengthened despite fierce opposition from Britain and industry, a senior EU lawmaker said on Friday. The bloc's governments and the European
Published 13 Sep, 2009 12:00am
Hedge fund rules may be beefed up: EU lawmaker

Hedge fund rules may be beefed up: EU lawmaker

A draft European Union law to regulate the managers of hedge funds and other alternative investment funds may be strengthened despite fierce opposition from Britain and industry, a senior EU lawmaker said on Friday. The bloc's governments and the European
Published 13 Sep, 2009 12:00am
BMW chief upbeat on sales outlook

BMW chief upbeat on sales outlook

The worst of the car sales downturn is over, BMW Chief Executive Norbert Reithofer said in a newspaper interview, forecasting sales of premium cars would accelerate in 2011 after an uptick next year. "We are working ourselves higher month by month. In Aug
Published 13 Sep, 2009 12:00am
Bharti sweetens MTN offer as deal deadline looms

Bharti sweetens MTN offer as deal deadline looms

Indian mobile operator Bharti Airtel's move to sweeten a $24 billion deal with South Africa's MTN is a key step in reaching an agreement as a deadline nears, analysts and sources said on Friday. Bharti has increased the cash component of its offer for a 4
Published 13 Sep, 2009 12:00am
UK government seeks to bar directors over MG Rover demise

UK government seeks to bar directors over MG Rover demise

The British government is looking to bar executives from failed carmaker MG Rover from running other companies following the publication of a report into the collapse of the business in 2005. After purchasing Rover from BMW for a nominal 10 pounds in May
Published 13 Sep, 2009 12:00am
FOB Gulf corn and soya export premiums steady

FOB Gulf corn and soya export premiums steady

US corn and soyabeans export premiums at the US Gulf were mostly steady on Friday, with prospects for huge crops keeping buyers at bay. Traders said soft red winter wheat basis offers were higher amid talk that grain elevators would store more of the grai
Published 13 Sep, 2009 12:00am
US Plains HRW wheat bids steady

US Plains HRW wheat bids steady

Basis bids for hard red winter wheat in the US Plains held steady Friday, with grain dealers describing the market as mostly quiet as farmers focused on fall crop harvest and field preparation for winter wheat seeding. Storage issues remained top of mind,
Published 13 Sep, 2009 12:00am
Activity at Karachi and Qasim ports

Activity at Karachi and Qasim ports

The Karachi Port handled 100,550 tonnes of cargo including 42,481 tonnes import and 58,069 tonnes export cargo including 4,238 empty and loaded containers during last 24 hours ending at 0700 hours on Saturday. The cargo comprised of 85,550 tonnes dry carg
Published 13 Sep, 2009 12:00am
Chinese base metals imports ebb as output booms

Chinese base metals imports ebb as output booms

Chinese metals production boomed in August as smelters raced to take advantage of rising prices and to fill the void left by falling imports, which have started to ebb as demand elsewhere has picked up. With less import demand and more domestic production
Published 13 Sep, 2009 12:00am
Canadian canola futures drop

Canadian canola futures drop

ICE Canada canola futures closed 1.1 percent lower on Friday as crude oil and soybean markets plunged, traders said. New-crop November canola fell $4.40 or 1.1 percent at $394.20 per tonne on volume of 8,306 contracts. January dropped $4.50 to settle at $
Published 13 Sep, 2009 12:00am
US wheat futures higher

US wheat futures higher

US wheat futures closed higher on Friday in a technical bounce after values at all three US exchanges set fresh contract lows amid a global supply glut, traders said. Chicago Board of Trade September soft red winter wheat settled up 9 cents at $4.41-3/4 p
Published 13 Sep, 2009 12:00am
Brisk activity witnessed on cotton market

Brisk activity witnessed on cotton market

Brisk activity was again witnessed on the cotton market on Saturday as mills did not stop buying in anticipation of increase in prices, dealers said. The official spot rate was unchanged at Rs 3450, they said. Nearly 15000 bales changed hands between Rs 3
Published 13 Sep, 2009 12:00am
Grain, seed markets closed

Grain, seed markets closed

The local grain and seeds wholesale markets were closed on Saturday due to death anniversary of Hazrat Ali (R.A.).
Published 13 Sep, 2009 12:00am
US corn futures up

US corn futures up

US corn futures on the Chicago Board of Trade rallied late Friday after spot September failed to break below support at $3 and spurred a short-covering bounce going into the close, traders said. Corn was pressed early in the session by USDA's upward revis
Published 13 Sep, 2009 12:00am
Asian rice prices to stay firm on year-end demand

Asian rice prices to stay firm on year-end demand

Asian rice prices stayed mostly steady this week and were likely to remain firm over the next few months, supported by demand for year-end celebrations, exporters said. The benchmark 100 percent B grade white rice was quoted unchanged at $540 per tonne, t
Published 13 Sep, 2009 12:00am
Argentina scraps corn and wheat tax for small farmers

Argentina scraps corn and wheat tax for small farmers

Argentine President Cristina Fernandez said on Thursday she would scrap taxes on corn and wheat exports for smaller farmers, but the measure is unlikely to satisfy the demands of protesting growers. Farmers in the country, a leading global grains exporter
Published 13 Sep, 2009 12:00am
US soya slides on big crop prospects, corn rallies

US soya slides on big crop prospects, corn rallies

US soyabean futures fell nearly 3 percent on Friday and the benchmark November contract at the Chicago Board of Trade dipped below $9 a bushel for the first time since July on prospects for a huge US crop. The US Department of Agriculture in a monthly rep
Published 13 Sep, 2009 12:00am
Thai July sugar exports drop

Thai July sugar exports drop

Thai sugar exports dropped 21.8 percent in July from a year earlier as high prices curbed buying, traders and officials said on Friday. Thailand's January-July sugar exports were at 2.98 million tonnes, down 2.7 percent from a year-earlier when it sold 3.
Published 13 Sep, 2009 12:00am
New York sugar easier

New York sugar easier

Raw sugar futures crumbled from a late bout of profit-taking and investor liquidation to end lower Friday, although bullish fundamentals pared the market's losses, brokers said. The key October raw sugar contract sank 0.58 cent to finish at 21.21 cents pe
Published 13 Sep, 2009 12:00am
US rice futures slip

US rice futures slip

US rice futures on the Chicago Board of Trade dived the 50-cent trading limit on Friday, pressed by USDA's bigger 2009 harvest and ending stocks estimates for American rice, traders said. September down 49 cents at $13.33 per cwt, November down 50 at $13.
Published 13 Sep, 2009 12:00am
US gold ends above $1,000 per ounce

US gold ends above $1,000 per ounce

US gold futures jumped on Friday, closing above $1,000 an ounce as a weaker dollar and inflation fears stirred demand among investors who view bullion as a safe haven amid economic uncertainties.
Published 13 Sep, 2009 12:00am
US copper lower

US copper lower

US copper futures ended down for the third straight day on Friday, as early momentum from stronger-than-expected US and Chinese economic data faded, pulling prices further away from key $3.00 a lb resistance. Copper for December delivery closed down 3.00
Published 13 Sep, 2009 12:00am
Asian sugar: traders say India buys 250,000 tonnes

Asian sugar: traders say India buys 250,000 tonnes

India, the world's largest sugar consumer, was estimated to have bought 250,000 tonnes of raws recently but no details were available, while Thai premiums bounced on lower futures prices, dealers said on Wednesday. India was also making inquiries to buy T
Published 13 Sep, 2009 12:00am
World market price for upland cotton

World market price for upland cotton

The US Agriculture Department set the prevailing world market price for upland cotton at 46.55 cents per lb, effective through September 17. The price is adjusted to US quality and location for Strict Low Middling, 1-1/16 inch upland cotton.
Published 13 Sep, 2009 12:00am
Gazprom sees Ukraine gas 'risk' next year

Gazprom sees Ukraine gas 'risk' next year

Ukraine is ensuring smooth transit of Russian gas supplies to Europe but there is a risk of disruption next year due to uncertainty on payments, the head of Russian gas giant Gazprom said Saturday. Gazprom chief executive Alexei Miller, speaking in a meet
Published 13 Sep, 2009 12:00am
Russian recovery not solid yet: Kremlin aide

Russian recovery not solid yet: Kremlin aide

Russia's economic recovery cannot yet be considered sustainable and there could be a rise in unemployment as well as a plunge in oil and commodities prices this autumn, a top Kremlin aide said on Saturday. "It is not a sustainable recovery yet in Russia o
Published 13 Sep, 2009 12:00am
BlackRock develops global trading platform

BlackRock develops global trading platform

Asset manager BlackRock Inc plans to create its own global trading platform which could help save its clients significant amounts of money in trading fees. New York-based BlackRock, set to become the world's largest money manager with roughly $3 trillion
Published 13 Sep, 2009 12:00am
Quadrangle focuses less on Europe, more on Asia

Quadrangle focuses less on Europe, more on Asia

New York-based private equity firm Quadrangle Capital Partners will "substantially close" its London office and pursue its European investments out of the United States, an investor letter dated Friday said.
Published 13 Sep, 2009 12:00am
Mexico's economy emerges from recession

Mexico's economy emerges from recession

Mexico's economy is pulling out of its deepest recession since the 1930s but the recovery will be slow, senior officials said on Friday as industrial production data showed improvement. Mexico's economic output in the third quarter will be larger than in
Published 13 Sep, 2009 12:00am
Mugabe welcomes EU delegation with 'open arms'

Mugabe welcomes EU delegation with 'open arms'

President Robert Mugabe welcomed the first top-level European Union delegation to visit Zimbabwe in seven years with "open arms" on Saturday and said talks on implementing a power-sharing deal went well. Mugabe's change in tone suggested he may be more wi
Published 13 Sep, 2009 12:00am
Obama launches push for financial regulatory reform

Obama launches push for financial regulatory reform

The Obama administration is launching a broad push for action on financial regulatory reform, returning to a key legislative priority even as the debate over healthcare consumes the US Congress. President Barack Obama's speech in New York on Monday, a yea
Published 13 Sep, 2009 12:00am
Merkel sees new technology as economic saviour

Merkel sees new technology as economic saviour

German Chancellor Angela Merkel promised Saturday to boost new technologies, particularly in the auto industry, in a bid to resolve the economic crisis if she wins re-election in two weeks. "The job for a new government is to overcome the financial and ec
Published 13 Sep, 2009 12:00am
Corus fourth-largest and 90th US bank to fail this year

Corus fourth-largest and 90th US bank to fail this year

US regulators seized Corus Bank on Friday in the fourth-largest bank failure this year and sold its deposits to MB Financial Bank. Long controlled by the Glickman family, Chicago-based Corus Bank crumbled under the pressure of bad loans on commercial real
Published 13 Sep, 2009 12:00am
Iraqi parliament moves ahead on foreign oil tax

Iraqi parliament moves ahead on foreign oil tax

Iraq's parliament held an initial discussion on Saturday of a bill that would impose a 35-percent income tax on foreign oil and gas firms working in Iraq, lawmakers said. "Today we held a first reading of a draft to impose tax on foreign oil companies wor
Published 13 Sep, 2009 12:00am
SEC mulls liability standards for credit raters

SEC mulls liability standards for credit raters

US securities regulators are roughing out ideas that would make Moody's Corp, Standard & Poor's and other credit raters more accountable to investors by potentially exposing the firms to greater legal liability. The Securities and Exchange Commission is e
Published 13 Sep, 2009 12:00am
US 30-year mortgage rate drops below five percent

US 30-year mortgage rate drops below five percent

Interest rates on US 30-year fixed-rate mortgages fell below 5 percent on Friday, a significant psychological level that should help the hard-hit US housing market to recover, according to real estate website Zillow.com.
Published 13 Sep, 2009 12:00am
US 30-year mortgage rate drops below five percent

US 30-year mortgage rate drops below five percent

Interest rates on US 30-year fixed-rate mortgages fell below 5 percent on Friday, a significant psychological level that should help the hard-hit US housing market to recover, according to real estate website Zillow.com.
Published 13 Sep, 2009 12:00am
State Bank of Pakistan conversion rates

State Bank of Pakistan conversion rates

Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d
Published 13 Sep, 2009 12:00am
Barclays bid rates and maximum rates for payment of interest

Barclays bid rates and maximum rates for payment of interest

Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) -- issued by the Foreign Exchange Rates Comm
Published 13 Sep, 2009 12:00am
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Saturday (September 12, 2009).

Published 13 Sep, 2009 12:00am
Conversion for foreign currency deposits

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Saturday (September 12, 2009).

Published 13 Sep, 2009 12:00am
Currency notes: exchange rates

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Saturday (September 12, 2009).

Published 13 Sep, 2009 12:00am
Your rupee last month

Your rupee last month

Following currency fluctuations took place in foreign exchange rates during the last month. (August 1 to 31, 2009)

Published 13 Sep, 2009 12:00am
Production from Nashpa oil well rose to 7000 bbl per day: OGDC

Production from Nashpa oil well rose to 7000 bbl per day: OGDC

There has been a significant find in oil and gas near Kohat by Oil & Gas Development Company Limited. Production from Nashpa oil well has increased to 7000 bbl per day in addition to 25.7 million cubic feet of gas per day.
Published 13 Sep, 2009 12:00am
Bill buying rates per unit of currency

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Saturday (September 12, 2009).

Published 13 Sep, 2009 12:00am
Fazlullah can be arrested any moment?

Fazlullah can be arrested any moment?

Tehreek-e-Taliban Pakistan leader Moulvi Fazlullah can be arrested any moment, Aaj News reported on Saturday. The channel claimed that the security forces had gathered vital information from Muslim Khan (TTP spokesman) and four drivers of Moulvi Fa
Published 13 Sep, 2009 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Saturday (September 12, 2009).
Published 13 Sep, 2009 12:00am
Fazlullah can be arrested any moment?

Fazlullah can be arrested any moment?

Tehreek-e-Taliban Pakistan leader Moulvi Fazlullah can be arrested any moment, Aaj News reported on Saturday. The channel claimed that the security forces had gathered vital information from Muslim Khan (TTP spokesman) and four drivers of Moulvi Fa
Published 13 Sep, 2009 12:00am
Production from Nashpa oil well rose to 7000 bbl per day: OGDC

Production from Nashpa oil well rose to 7000 bbl per day: OGDC

There has been a significant find in oil and gas near Kohat by Oil & Gas Development Company Limited. Production from Nashpa oil well has increased to 7000 bbl per day in addition to 25.7 million cubic feet of gas per day.
Published 13 Sep, 2009 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Saturday (September 12, 2009).

Published 13 Sep, 2009 12:00am
Production from Nashpa oil well rose to 7000 bbl per day: OGDC

Production from Nashpa oil well rose to 7000 bbl per day: OGDC

There has been a significant find in oil and gas near Kohat by Oil & Gas Development Company Limited. Production from Nashpa oil well has increased to 7000 bbl per day in addition to 25.7 million cubic feet of gas per day.
Published 13 Sep, 2009 12:00am
Claim that RPPs charges only slightly higher a myth: TIP

Claim that RPPs charges only slightly higher a myth: TIP

The claim that the charges of rental power plants (RPPs) are only slightly higher than independent power producers (IPPs) is only a myth and wrongly advertised by the RPP companies in press and also quoted by ministers, according to Transparency Internati
Published 13 Sep, 2009 12:00am
World currencies and dollar

World currencies and dollar

Value of the dollar in terms of other world currencies as prevailing in the week ended Saturday (September 12, 2009).

Published 13 Sep, 2009 12:00am
Claim that RPPs charges only slightly higher a myth: TIP

Claim that RPPs charges only slightly higher a myth: TIP

The claim that the charges of rental power plants (RPPs) are only slightly higher than independent power producers (IPPs) is only a myth and wrongly advertised by the RPP companies in press and also quoted by ministers, according to Transparency Internati
Published 13 Sep, 2009 12:00am
Muslim killed, his body set on fire in Thailand

Muslim killed, his body set on fire in Thailand

A teenaged Muslim man was killed and his body set on fire in the latest deadly violence in Thailand's Muslim-majority far south on Saturday, police said. The 19-year-old man in Yala province was killed before dawn, his neck slashed, Police Lieutenant-Colo
Published 13 Sep, 2009 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Saturday (September 12, 2009).

Published 13 Sep, 2009 12:00am
Claim that RPPs charges only slightly higher a myth: TIP

Claim that RPPs charges only slightly higher a myth: TIP

The claim that the charges of rental power plants (RPPs) are only slightly higher than independent power producers (IPPs) is only a myth and wrongly advertised by the RPP companies in press and also quoted by ministers, according to Transparency Internati
Published 13 Sep, 2009 12:00am
Gold prices reach record high of Rs 30,700 per tola

Gold prices reach record high of Rs 30,700 per tola

Gold prices on Saturday embarked on a new historic high of Rs 30,700 per tola up by Rs 200 from previous record high of Rs 30,500, traders said. Gold was available at Rs 26,314 per 10 grams after rising by Rs 172 from its previous record high of Rs 26,142
Published 13 Sep, 2009 12:00am
Gold prices reach record high of Rs 30,700 per tola

Gold prices reach record high of Rs 30,700 per tola

Gold prices on Saturday embarked on a new historic high of Rs 30,700 per tola up by Rs 200 from previous record high of Rs 30,500, traders said. Gold was available at Rs 26,314 per 10 grams after rising by Rs 172 from its previous record high of Rs 26,142
Published 13 Sep, 2009 12:00am
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