ECC unlocks funds to address power sector liquidity

10:00
May 8, 2024

May 08, 2024 (MLN): To ease the liquidity requirements of the power sector, the Economic Coordination Committee (ECC) of the Cabinet on Tuesday allowed the Power Division’s request to release budgeted expenditures to clear the arrears of tariff differential subsidy of Rs70 billion for KElectric and Rs55bn for AJK.

The committee reviewed and approved numerous proposals from various ministries and divisions.

In order to increase the wheat procurement target for PASSCO from 1.40 to 1.80 MMT along with the required Cash Credit Limit for the purchase of additional quantity.

The approval would help PASCCO scale up its ongoing wheat procurement drive.

The Federal Minister for Finance & Revenue, Senator Muhammad Aurangzeb presided over the meeting.

Copyright Mettis Link News

Posted on: 2024-05-08T09:40:37+05:00

FOREX

EQUITY

COMMODITIES

FOREX

PairID	Symbol	Bid	Ask	High	Low	Update
1	PKR	278.45000	278.65000	278.65000	278.45000	01:13 PM
2	EUR	1.08626	1.08656	1.08656	1.08626	04:15 PM
3	GBP	1.26856	1.27025	1.27025	1.26856	04:01 PM
4	CHF	0.90879	0.90928	0.90928	0.90879	04:15 PM
5	JPY	155.46000	155.84100	155.84100	155.46000	04:01 PM
6	CAD	1.36130	1.36242	1.36242	1.36130	04:15 PM
7	AUD	0.66907	0.66932	0.66932	0.66907	04:15 PM
8	INR	83.29860	83.29910	83.29910	83.29860	08:00 PM
9	SAR	3.75030	3.75050	3.75050	3.75030	04:59 PM
10	AED	3.67290	3.67320	3.67320	3.67290	01:59 AM
11	HKD	7.79845	7.80425	7.80425	7.79845	04:01 PM
12	CNH	7.23099	7.23581	7.23581	7.23099	04:02 PM
13	CNY	7.22340	7.22520	7.22520	7.22340	11:48 PM
14	THB	36.18900	36.21100	36.21100	36.18900	04:02 PM
15	MYR	4.68500	4.69000	4.69000	4.68500	08:00 PM
16	IDR	15,920.30000	16,008.70000	16,008.70000	15,920.30000	05:18 AM
17	SGD	1.34402	1.34811	1.34811	1.34402	04:01 PM
18	NZD	0.61292	0.61370	0.61370	0.61292	04:02 PM
19	MXN	16.58340	16.65560	16.65563	16.58337	04:13 PM
20	TRY	32.05140	32.62510	32.62511	32.05140	04:02 PM
21	SEK	10.68170	10.75240	10.75244	10.68175	04:15 PM
22	ZAR	18.12040	18.22960	18.22964	18.12036	04:02 PM
23	NOK	10.67310	10.72120	10.72118	10.67309	04:15 PM
24	DKK	6.85749	6.87027	6.87027	6.85749	04:00 PM
25	ARS	884.07400	884.22100	884.22104	884.07377	04:15 PM
26	BDT	114.83600	118.14100	118.14052	114.83640	09:58 AM
27	BHD	0.37695	0.37700	0.37700	0.37695	09:32 PM
28	BRL	5.07898	5.12487	5.12487	5.07898	02:20 PM
29	KRW	1,353.49000	1,355.29000	1,355.29000	1,353.49000	05:18 AM
30	KWD	0.30696	0.30756	0.30756	0.30696	07:54 PM
31	LKR	294.92900	301.35400	301.35368	294.92901	09:58 AM
32	OMR	0.38471	0.38521	0.38521	0.38471	01:57 AM
33	QAR	3.64400	3.64700	3.64700	3.64400	01:59 AM
34	RUB	90.87000	90.91000	90.91000	90.87000	08:00 PM
35	AFN	70.56120	72.39690	72.39686	70.56124	09:58 AM
36	AZN	1.70000	1.70000	1.70000	1.70000	06:12 AM
37	TMT	3.35000	3.65000	3.65000	3.35000	08:00 PM
38	MVR	15.26000	15.66000	15.66000	15.26000	08:00 PM
39	UZS	12,620.80000	12,685.10000	12,685.05346	12,620.80676	09:58 AM
40	PHP	57.65700	58.04300	58.04300	57.65700	08:00 PM
42	NGN	1,469.50000	1,470.50000	1,470.50000	1,469.50000	08:00 PM
43	KES	128.43800	131.19200	131.19178	128.43835	09:58 AM
44	AMD	358.49700	413.56500	413.56523	358.49663	09:58 AM
45	TWD	32.16480	32.19480	32.19480	32.16480	05:18 AM
46	XAU	2,414.02000	2,415.27000	2,415.27000	2,414.02000	04:02 PM
47	XAG	31.47520	31.49580	31.49580	31.47520	04:02 PM
48	XPT	1,080.80000	1,089.80000	1,089.80000	1,080.80000	02:00 AM
49	XPD	1,008.57000	1,014.22000	1,014.22000	1,008.57000	02:00 AM
2,120	VES	36.53490	36.62660	36.62656	36.53493	08:00 PM
2,212	UGX	3,708.87000	3,791.47000	3,791.47354	3,708.87063	09:58 AM
2,213	TZS	2,535.54000	2,627.32000	2,627.32321	2,535.54220	09:58 AM

Data is delayed by 20 minutes

EQUITY

Name	High	Current	Low	Change	% Change	Volume	Value	DateTime
KSE100	75,401.12	75,342.346	74,947.71	411.647	0.549	188,724,737.0	10,794,119,010.980	17/05/2024 05:12 PM
ALLSHR	48,807.14	48,769.459	48,569.78	232.516	0.479	496,551,417.0	17,628,388,996.920	17/05/2024 05:12 PM
KSE30	24,250.19	24,214.289	24,115.01	68.600	0.284	83,749,804.0	7,299,349,871.180	17/05/2024 05:12 PM
KMI30	124,499.58	124,073.598	123,588.39	577.661	0.468	115,584,298.0	6,628,115,990.660	17/05/2024 05:12 PM
KMIALLSHR	34,853.66	34,803.012	34,601.31	229.583	0.664	301,521,687.0	13,083,340,734.470	17/05/2024 05:12 PM
BKTi	18,640.08	18,555.775	18,385.35	-28.304	-0.152	10,145,516.0	1,626,001,821.630	17/05/2024 05:12 PM
OGTi	17,931.76	17,849.852	17,747.27	38.860	0.218	7,146,222.0	1,031,531,203.480	17/05/2024 05:12 PM

Data is delayed by 20 minutes

COMMODITIES

Name	Symbol	Last	High	Low	Change
BITCOIN FUTURES	BTC	67,260.0	67,865.0	65,345.0	1,815.00
BRENT CRUDE	EB	84.0	84.0	83.1	0.73
RICHARDS BAY COAL MONTHLY	EF	101.9	0.0	0.0	-4.60
ROTTERDAM COAL MONTHLY	ET	105.0	106.5	105.0	-1.45
USD RBD PALM OLEIN	POL	832.5	832.5	832.5	0.00
CRUDE OIL – WTI	QCL	78.2	80.0	78.1	-1.06
SUGAR #11 WORLD	SB	18.1	18.5	18.1	-0.23

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