News Highlight Tuesday, February 20, 2024

Next IMF programme; Fitch says political uncertainty may complicate efforts
https://epaper.brecorder.com/2024/02/20/1-page/985636-news.html

ADB initiates country portfolio review
https://epaper.brecorder.com/2024/02/20/1-page/985637-news.html

Dollar bonds fall on political uncertainty
https://epaper.brecorder.com/2024/02/20/1-page/985634-news.html

Jul-Jan FDI inflow down 21pc to $689.5m YoY
https://epaper.brecorder.com/2024/02/20/1-page/985640-news.html

Jan CAD stands at $269m
https://epaper.brecorder.com/2024/02/20/1-page/985641-news.html

Pakistan records a trade deficit in services of $317m in January
https://mettisglobal.news/pakistan-records-a-trade-deficit-in-services-of-317m-in-january/

Pakistan’s REER index surges to 101.7 in January
https://www.brecorder.com/news/40289585/pakistans-reer-index-surges-to-1017-in-january

OGDCL announces gas condensate discovery in Sindh
https://epaper.brecorder.com/2024/02/20/12-page/985720-news.html

Oil industry projects higher fuel demand for March as wheat harvest nears
https://www.thenews.com.pk/print/1159345-oil-industry-projects-higher-fuel-demand-for-march-as-wheat-harvest-nears

Refinery, petrochemical complex; PSO taps China’s Sinopec for partnership with Aramco
https://epaper.brecorder.com/2024/02/20/1-page/985632-news.html

CCP approves merger of Korean company with MPL
https://epaper.brecorder.com/2024/02/20/12-page/985722-news.html

July-January 2023-24; IT & ITeS exports increase by 12.7pc
https://epaper.brecorder.com/2024/02/20/4-page/985664-news.html

Deadlock persists as fifth PML-N, PPP meeting ends inconclusively
https://tribune.com.pk/story/2456959/deadlock-persists-as-fifth-pml-n-ppp-meeting-ends-inconclusively

Oil Holds Near Three-Month High After Another Red Sea Attack
https://www.bloomberg.com/news/articles/2024-02-19/latest-oil-market-news-and-analysis-for-feb-20

Exchange Rates:

WTI (Nymex)79.45 USD/bbl
BRENT (ICE)83.44 USD/bbl
ARAB LIGHT83.08USD/bbl
R BAY COAL91.75 USD/TON
USDPKR279.36

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