Energy giant pumping $200m into Pakistani projects

KARACHI: United Energy Group (UEG) Limited, an oil and gas company listed on Hong Kong stock exchange has raised its capital expenditure investment for its Pakistan assets to $200 million for exploitation and exploration works. The additional investment has boosted the project’s daily production capability from approximately 20,000 barrels of oil equivalent (BOE) per day when UEG initiated the project last September to about 25,000 BOE per day as at the end of first quarter of this year.

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Forex Inter Bank Rates

Updated on: Thu, January 1, 1970, 5:00 (PST)
Courtesy : United Bank Limited
Remittance Buying Selling Trends
USD 90.60 90.80
KUWA
GBP 145.29 144.61
SR 24.16 24.21
UAE 24.67 24.72
AUS 90.09 90.29
EUR 115.48 115.73
CAD 89.57 89.77
HONG 11.66 11.69
IND
JPY 1.1286 1.1311
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Economic Indicators

Annual 2010/11
Foreign Debt $59.53bn
Per Capita Income $1254
GDP Growth 2.4%
Average CPI 14.10%
Monthly March
Trade Balance
$-1.496 bln
Exports $1.85 bln
Imports
$1.26 bln
Weekly April 27, 2012
Reserves
$16.42 bln


Short Term Interest Rates

US0.25%
Japan 0.10%
EURO1.00%
UK0.50%
AUS3.75%
CAN 0.25%

Forex open Market rates & comments Archive

Gold Rates in Pakistan

Closing rates as On Tue, May 15, 2012
Gold and Silver rates in Rupees per 10 grams
Karachi
Gold(24-ct) 46,714.00
Gold(22-ct) 42,821.00
Silver(24-ct) 814.28
Lahore
Gold(24-ct) 46,714.00
Gold(22-ct) 42,821.00
Silver(24-ct) 814.28
Multan
Gold(24-ct) 46,714.00
Gold(22-ct) 42,821.00
Silver(24-ct) 814.28
Source: Karachi Saraf More Gold Rates

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US Dollar Buying 91.70
Selling 91.90
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