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SBP issuance of fresh notes to general public ISLAMABAD: The State Bank of Pakistan (SBP) has decided to further facilitate issuance of fresh currency notes to general public during ongoing month of Ramazan.For the purpose the field offices of SBP BSC shall also start issuing fresh notes to the general public from its counters from Thursday July 24, 2014 (Thursday) till the last working day of Ramazan, says a statement issued by the Central Bank on Wednesday.Under the arrangements, each member of the public will be issued upto three packets of Rs. 10/- and one packet each of Rs. 20, Rs.50 and Rs. 100 of fresh notes against exchange value subject to production of their original CNIC/ Smart card only at the counter.Meanwhile, per person quota from 150 designated branches of commercial banks has also been increased to 2 packets each of Rs.10 & Rs.20 and 1 packet each of Rs.50 and Rs.100.It may be added that upto ...

ISE-10 index stays bullish ISLAMABAD: The Islamabad Stock Exchange (ISE) Wednesday witnessed bullish trend as the ISE-10 index was up by 18.22 points to close at 4782.74 points.A total of 81,040 shares were traded, which showed a positive growth of 78,040 shares, when compared with previous day's trading of 3,000 shares.Out of 128 companies, share prices of 63 companies recorded increase while those of 64 companies decreased in today's trading.The share price of ICI Pakistan increased by Rs 22.91 ...

Pakistani importers buy 35,000 T Black Sea sunflower seed HAMBURG: Pakistani importers have purchased about 35,000 tonnes of sunflower seed to be sourced from the Black Sea region, excluding Bulgaria, European traders said on Wednesday.It was purchased at about $430 a tonne c&f with 44 percent oil content for October shipment, traders said.Bulgaria has suffered heavy rain this summer, which may have damaged some crops, analysts say. Traders said they believed the sunflower seed bought by Pakistan would be sourced in Romania.Pakistani importers previously ...

Pakistani ready made clothes more preferred than stitched clothes KARACHI: The most comfortable and convenient Pakistan clothing for women and children is Shalwar Kameez, embroidery shirts, trousers, pants Ready made collection is the best option when there is no time to spare. In Pakistan the ready made clothes comes in all standard sizes.Ready made Shalwar Kameez or Trouser-Shirts are the best option as people can choose their desire size. Sometimes it’s very important to get the right size so that it fits properly. Sometimes ...

Growers advised to sow onion nursery from last week of July MULTAN: Agriculture experts have advised growers to begin onion nursery sowing from last week of July in soil having proper water absorption capability to get good production.Before sowing, growers must mix animal waste fertilizers at the rate of one maund per marla and irrigate fields, says a release issued by media liaison unit of Punjab agriculture department on Wednesday.Growers should plough the field twice or thrice and then apply land leveller and leave the field ...

IESCO issues power suspension programme ISLAMABAD: The Islamabad Electric Supply Company (IESCO) on Wednesday issued a power suspension schedule for July 23-25 for various areas of its region due to necessary maintenance and development work.According to the schedule, the power supply of following feeders would remain suspended as under:July 24 (Thursday) From 09-00am to 12-00 noon, I-8 Grid Station Islamabad, Faizabad, Service Road, Muslim Town, Jinnah Camp and KRL feeders, Shamasabad, Gulshan-e-Dadan, Murree Road, Faizabad, Service Road, Dhok Chaudrian, Dhok ...

141 shopkeepers fined over profiteering FAISALABAD: Price control magistrates fined 141 shopkeepers over profiteering.According to a spokesman for the local administration, price control magistrates conducted surprise raids in various bazaars, markets, shopping plazas and found 141 shopkeepers involved in overcharging and profiteering besides imposing a fine of Rs 111,800 on them.Copyright APP (Associated Press of Pakistan), 2014


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Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
Trade Balance $-1.558 bln
Exports $2.117 bln
Imports $3.675 bln
WeeklyJuly 10, 2014
Reserves $14.638 bln