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Daily Archives: December 30, 2013

State Bank of Pakistan’s Open Market Operations (Injection) result dated December 30, 2013

Karachi, December 30, 2013 (PPI-OT): State Bank of Pakistan conducted its Open Market Operation (Outright) in following contracts on Dec 30, 2013, received & accepted as given below: A: OMO BIDS NO OMO Tenor Range Number of Quotes Offered 1 25-Days (Outright) 10.28 – 11.25% 16 B: OMO RESULT (Rs. In Millions) 1) 25-Days (Outright ...

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Pakistan Industrial and Traders Associations Front sees 2014 year of economic revival

Lahore, December 30, 2013 (PPI-OT): Pakistan Industrial and Traders Associations Front (PIAF) has hoped that the year 2014 would prove an year of economic revival. According to a PIAF report, GSP Plus Status, work on hydle power projects, incentives to the businessmen through withdrawal of harsh budgetary measures and government resolve to strengthen public-private sectors ...

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Ministry of Commerce urged to comprehend Indian strategy for Basmati rice

Karachi, December 30, 2013 (PPI-OT): The Union of Small and Medium Enterprises (UNISAME) urged Qasim Niaz the Secretary Ministry of Commerce (MOC) to comprehend the Indian strategy of narrowing the Geographical Indication (GI) of basmati rice mainly to Indian areas and including very limited areas in Pakistan on the one hand and on the other ...

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Lahore Chamber of Commerce and Industry urges government to maintain and show progress on conventions it has signed to qualify for GSP+,

Lahore, December 30, 2013 (PPI-OT): The Lahore Chamber of Commerce and Industry (LCCI) on Monday urged the government to maintain and show progress on the 27 conventions, it has signed to qualify for GSP+ to reap the benefits of this great opportunity that is to be reviewed after two years by an EU Commission. The ...

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Karachi, December 30, 2013 (PPI-OT): Domestic markets and monetary management department

Average rates for authorized dealers following are the conversion rates valid for: A) Customer Transactions on December 31, 2013 For The Conversion Of FC deposits, DBC /FCBC, special US dollar bonds and profits thereon and forward cover for deposits (excluding FE-25) B) SBP settlement value date JANUARY 03, 2014. Currency Rate in Pak Rupee U.S. ...

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Federation of Pakistan Chambers of Commerce and Industry export award function to be held on 1st February at Lahore

Islamabad, December 30, 2013 (PPI-OT): The 37th FPCCI Export Awards Function will be held on Saturday, 1st February, 2014 at Lahore, which will be graced by Honorable Prime Minister of Islamic Republic of Pakistan, as Chief Guest and to award the export trophies to leading exporters of the country in recognition of their outstanding export ...

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