Karachi, January 23, 2015 (PPI-OT): State Bank of Pakistan conducted its Open Market Operation (Injection) in following contracts on Jan 23, 2015, received and accepted as given below: A: OMOs NO OMO Tenor Range Number of Quotes Offered a 07-Days (Injection) 9.46 8.95% 30 B: OMO RESULT (Rs. In Millions) NO OMO Tenor Amount ...
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Rates for conversion of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special United States Dollar Bonds
Karachi, January 23, 2015 (PPI-OT): The following rates will be applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special U.S Dollar Bonds and profit thereon by all banks and for providing Forward Cover on Foreign Currency Deposits (excluding F.E-25 deposits) by the State Bank on January 26, ...
Read More »Dubai Islamic Bank Pakistan and Novatex Limited sign Project Financing Agreement
Karachi, January 23, 2015 (PPI-OT): Dubai Islamic Bank Pakistan Limited (DIBPL), a wholly-owned subsidiary of Dubai Islamic Bank UAE, world’s first Islamic Bank and Novatex Limited, industry leader in PET Resin and Plastic Products have entered into a project financing agreement amounting to PKR 1,000 Million for expansion of the PET Resin Plant at Novatex. ...
Read More »Islamabad Chamber of Commerce and Industry calls for reducing key discount rate to 8 percent
Islamabad, January 23, 2015 (PPI-OT): Islamabad Chamber of Commerce and Industry has called upon the State Bank of Pakistan to make a drastic cut of 150 basis points in the key discount rate in the forthcoming monetary policy expected on January 24, 2015 in order to create favourable conditions for private sector growth and acceleration ...
Read More »IFC/World Bank Board approves financing for 108 MW Gulpur Hydropower Project
Islamabad, January 23, 2015 (PPI-OT): The IFC / World Bank Board has accorded approval for financing the 108 MW Gulpur Hydropower Project to be located at Poonch River, District Kotli, […]
Read More »Yasin detained, Shabbir and other leaders put under house arrest in IOK
Srinagar, January 23, 2015 (PPI-OT): In occupied Kashmir, the authorities have placed almost all Hurriyet leaders under house arrest and behind the bars to prevent them from leading demonstrations against […]
Read More »Planning Commission Moving towards Open Data for Transparency: Ahsan Iqbal
Islamabad, January 23, 2015 (PPI-OT): “Planning Commission is moving toward open data system to make public details of PSDP projects on website for public scrutiny”, the Federal Minister for Planning, […]
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