SINGAPORE  - Oil prices sank in Asian trade on Tuesday as eurozone debt worries rose to the fore once again after Moody's slashed the ratings and outlooks for nine European countries. New York's main contract, light sweet crude for delivery in March, fell 39 cents to $100.52 a barrel in the afternoon and Brent North Sea crude for March delivery shed 73 cents to $117.20 on its last trading day. "The oil market is responding to Moody's lowering of the debt ratings on a number of European countries," said Victor Shum, Gertz energy consultants in Singapore.

 open market forex rates on 14/02/2012

Country     BUYING    SELLING

Euro     119.6    120.8

Japanese Yen     1.165    1.178

Saudi Riyal     24.05    24.4

UK Pound Sterling     142.7    144.3

US Dollar     90.6    90.95

Precious metals prices in Pakistan Rupee

Metal     10g     1 Tola     1 Ounce

6    6    6    6

Gold 24K      50,087       58,359       155,790

Palladium     19,989     23,291     62,175

Platinum     47,464     55,304     147,633

Silver     978     1,140     3,042