Oil Above $ 78 in Asian Trade

Wednesday, March 3rd, 2010 | 2 views

SINGAPORE news update: Oil prices moved above 78 dollars a barrel in Asian trade Monday as a weaker US dollar helped boost demand, analysts said. New York’s main contract, light sweet crude for January delivery, advanced 79 cents to 78.26 dollars a barrel in morning trade. The December contract, which expired at the weekend, closed at 76.72 dollars in New York last Friday

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SBP to Announce New Policy Monitor Today

Wednesday, March 3rd, 2010 | 2 views

KARACHI,Pakistan News update: State Bank of Pakistan Governor Saleem Raza has said that new monitory policy will be announced on Tuesday. According to details, he said foreign exchange reservoirs had reached to the stage of five months from three weeks. State Bank Governor maintained that national economy was improving, adding that exports and credit demand were increasing.

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