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DINA
  DAWN - the Internet Edition



October 9, 2001 Tuesday Rajab 21, 1422

FXCM


Business


Traders chalk out contingency plan: US attack on Afghanistan
KARACHI, Oct 8: Businessmen and traders are drawing up contingency plan to cope with any unexpected developments in the wake of the US attacks on Afghanistan that could have far reaching...
Complete Story
SBP advises banks not to panic: Dollar shoots up in kerb
KARACHI, Oct 8: The State Bank has reassured the banks that it would arrange foreign exchange for external payments if they run short of it so there is no need for...
Complete Story
Cotton prices drop to new seasonal low
KARACHI, Oct 8: The mill buying of the new cotton crop failed to show a significant improvement over the last fortnight’s average figures having a bearish impact on the local prices,...
Complete Story
$4bn routed through hundi system annually
ISLAMABAD, Oct 8: An estimated amount of $4 billion are routed through the “hundi” system in the country every year, senior finance ministry officials told Dawn....
Complete Story


Rs116.8bn tax target set for Oct-Dec
ISLAMABAD, Oct 8: The Central Board of Revenue (CBR) has set tax collection target of Rs116.8 billion for the second quarter (Oct-Dec) of the financial year 2001-2002....
Complete Story
KSE index plunges by 3.36pc, turnover at record low
KARACHI, Oct 8: Karachi stocks reopened in a terribly bad mood on Monday as the reports of US and allied attacks on Afghanistan and its possible negative fallout here generated nervous...
Complete Story
Malaysian economy stable, says Mahathir
KUALA LUMPUR, Oct 8: Malaysia’s economy has weakened after last month’s terror attacks on the US but remained stable with low inflation and strong reserves, Prime Minister Mahathir Mohamad said on...
Complete Story
EC to recommend limited aid to aviation sector
BRUSSELS, Oct 8: The European Commission is to recommend on Wednesday extremely limited public aid to the air transport industry because the sector does not need such massive help as in...
Complete Story


Opec keeps options open on output cut
VIENNA, Oct 8: The Opec oil cartel will wait for at least 48 hours before taking any decision on cutting output to support slumping prices, after the start of US-led attacks...
Complete Story