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