steadies Bengaluru
Gold remained steady on Friday and was on track for a monthly gain of one percent, as the dollar extended its losses after the Bank of Japan´s stimulus fell short of market expectations.
The Bank of Japan expanded monetary stimulus on Friday through a modest increase in purchases of exchange-traded funds, yielding to pressure from the government and financial markets for bolder action to spur growth and accelerate inflation towards its 2 percent target. By coordinating its action with the government´s big fiscal spending package, the Bank Of Jaspan likely aimed to maximise the effect of its measures on the world´s third-biggest economy, which is struggling to escape decades of deflation. The dollar last traded at 103.28 yen, down 1.8 percent.
The dollar index, which measures the greenback against a basket of currencies, was down 0.4 percent at 96.363.
Sheikh argued that the government should have maintained stable petroleum prices
MARI has successfully drilled and tested the third appraisal well in the Ghazij formation in the Mari D&PL
Gold rates decreased by $17 to $2,395 per ounce in the international market
Company's revenue saw a 13.9% year-on-year increase, reaching Rs49.2 billion, up from Rs43.19 billion in the same...
A man counts US dollars in a money exchange shop in Dhaka. — AFP/FileLAHORE: The first thing that the government...
Power generation stood at 8,741 gigawatt-hours or 11,749 megawatts in March
