NEWS UPDATES
19th Dec, 2022
Commodities Update
WTI Crude: 75.50USD/bbl
BRENT OIL: 80.32USD/bbl
Arab Light: 79.79USD/bbl
COAL (R-Bay): 217.40USD/Ton
USD/PKR: PKR224.94(Interbank)
IBEX: $26.27
FIPI: -2.32Mn(USD) NET
Economic News Update:
Nepra notifies 32-paisa cut in power tariff
https://www.dawn.com/news/1726953/nepra-notifies-32-paisa-cut-in-power-tariff
Pakistan To Resolve Energy Sector Issues On Priority Says Finance Minister
Pakistan To Resolve Energy Sector Issues On Priority Says Finance Minister
Govt to impose flood levy on non-essential imports to meet tax collection targets
https://www.geo.tv/latest/459118-govt-may-slap-flood-levy-on-non-essential-imported-items
Textile exports slumps by 18.15% YoY to $1.42bn in November: PBS
https://mettisglobal.news/textile-exports-slumps-by-18-15-yoy-to-1-42bn-in-november-pbs/
Govt revives 11 licenses for oil, gas exploration
https://www.dawn.com/news/1726958/govt-revives-11-licences-for-oil-gas-exploration
Pakistan’s Current Account Deficit plunges 86% to 19-month low
https://www.geo.tv/latest/459215-pakistans-current-account-deficit-plunges-86-to-19-month-low
FDI decreases by 13.7% MoM in November 2022
Import of LNG: PLL likely to ink accord with SOCAR
https://www.brecorder.com/news/40215275/import-of-lng-pll-likely-to-ink-accord-with-socar
Aviation minister rejects reports about sale of Roosevelt Hotel
https://www.brecorder.com/news/40215071/aviation-minister-rejects-reports-about-sale-of-roosevelt-hotel
PDM govt tries to size up post-IK move situation
https://epaper.brecorder.com/2022/12/19/1-page/950154-news.html
Gold hits an all-time high
https://www.dawn.com/news/1726942/gold-hits-an-all-time-high
Punjab, KP assemblies to dissolve on Dec 23 : Imran
https://www.dawn.com/news/1726841