Thursday, February 12, 2009
SBP closing forex window for oil imports
The move was made to comply with an undertaking to the International Monetary Fund in November in return for an emergency $7.6 billion loan package to stave off a balance of payments crisis.
From Feb 1, the central bank no longer provided dollars to pay for imports of furnace oil, used to fuel power stations, and from Aug 1 it would stop providing the currency for imports of diesel and other refined products.
The central bank would carry on providing currency for crude oil imports until Feb 1 next year.
Syed Wasimuddin, the chief spokesman for the State Bank of Pakistan, said furnace oil payments had represented about 22 per cent of the total drain on reserves from oil imports.
According to the latest official data, Pakistan�s oil import bill rose 38.6 per cent to $5.88 billion during the first half of the fiscal year to June 2009, compared with a year earlier.
Foreign exchange market
The foreign exchange (currency, ForEx, or FX) market is where currency trading takes place. FX transactions typically involve one party purchasing a quantity of one currency in exchange for paying a quantity of another. The foreign exchange market that we see today started evolving during the 1970s when worldover countries gradually switched to floating exchange rate from their erstwhile exchange rate regime, which remained fixed as per the Bretton Woods system till 1971.
Today, the FX market is one of the largest and most liquid financial markets in the world, and includes trading between large banks, central banks, currency speculators, corporations, governments, and other institutions. The average daily volume in the global foreign exchange and related markets is continuously growing. Traditional daily turnover was reported to be over US$3.2 trillion in April 2007 by the Bank for International Settlements.[1] Since then, the market has continued to grow. According to Euromoney's annual FX Poll, volumes grew a further 41% between 2007 and 2008.[2]
The purpose of FX market is to facilitate trade and investment. The need for a foreign exchange market arises because of the presence of multifarious international currencies such as US Dollar, Pound Sterling, etc., and the need for trading in such currencies.
Forex Margin Trading
Comparing to other investment, the Foreign Exchange margin trading is one of the fairest and the most attractive investment method. The Foreign Exchange margin trading meaning the traders borrow loan from bank, finance organization or broker house to carry on the foreign currency trading. Generally, the financing proportion is above 20 times, which means the Forex traders’ fund may enlarge to 20 times to carry on the trading. The bigger the financing proportion, means the Forex traders just need to pay very less fund, for example, the financing proportion provided by the financial organization is 400 times, namely the lowest margin request is 0.25%, the traders just need to pay 25 US dollars, then he or she could trade as high as 10,000 US dollars, fully using the contra method to make big profit by only paying a very less price. Besides the fund enlargement, another attraction of the Forex margin trading method is that it can be traded in both ways, you can make profit by buying the currency when the currency rise (makes many), or to sell a currency when the currency is dropping to make profit (short-selling), thus does not need to be restricted by the restriction so-called bear market is unable to make money. |
Making Profit in the Foreign Exchange Market |
The currency fluctuate continuously due to reasons such as political, economical reasons, sometimes the changes could be extremely great, therefore, the Forex traders also can have the opportunity in among which makes a profit. For example, the Japanese Yen daily fluctuation is probably between 0.7% to 1.5%, Forex traders may make profit through buying and selling. All trading could be completed in a short time, the trading strategy could be carry up according to the market conditions, it is extremely flexible, even if the direction looks wrong, the lost could be stop immediately, the lost could reduce but profit potential is still great. Therefore, the Foreign Exchange margin trading is the most flexible and the most reliable investment method. Foreign Exchange Margin Trading elementary knowledge |
China exports fall sharpest in over a decade
Sony Ericsson W902
General | 2G Network | GSM 850 / 900 / 1800 / 1900 |
---|---|---|
3G Network | HSDPA 2100 | |
Announced | 2008, July | |
Status | Available. Released 2008, October |
Size | Dimensions | 110 x 49 x 11.7 mm |
---|---|---|
Weight | 99.8 g |
Display | Type | TFT, 256K colors |
---|---|---|
Size | 240 x 320 pixels, 2.2 inches | |
- Accelerometer sensor for auto-rotate - Dedicated music keys |
Ringtones | Type | Polyphonic, MP3, AAC |
---|---|---|
Customization | Download, order now | |
Vibration | Yes |
Memory | Phonebook | 1000 x 20 fields, Photo call |
---|---|---|
Call records | 30 received, dialed and missed calls | |
Card slot | Memory Stick Micro (M2), 8 GB card included | |
- 25 MB shared memory |
Data | GPRS | Class 10 (4+1/3+2 slots), 32 - 48 kbps |
---|---|---|
HSCSD | Yes | |
EDGE | Class 10, 236.8 kbps | |
3G | HSDPA 3.6 Mbps | |
WLAN | No | |
Bluetooth | Yes, v2.0 with A2DP | |
Infrared port | No | |
USB | Yes, v2.0 |
Features | Messaging | SMS, EMS, MMS, Email, Push Email |
---|---|---|
Browser | WAP 2.0/xHTML, HTML (NetFront) | |
Games | Yes + downloadable, order now | |
Colors | Volcanic Black, Wine Red, Earth Green | |
Camera | 5 MP, 2592 x 1944 pixels, autofocus, flash, video (QVGA 30fps), secondary videocall camera | |
- Java MIDP 2.0 - Walkman player - FM radio with RDS - Camera images geo-tagging (cell ID) - TrackID music recognition - SensMe - Shake control - T9 - Image viewer - Picture editor - Organiser - Built-in handsfree - Voice memo |
Battery | Standard battery, Li-Ion 930 mAh | |
---|---|---|
Stand-by | Up to 380 h | |
Talk time | Up to 9 h |
BlackBerry Pearl 8110
General | 2G Network | GSM 850 / 900 / 1800 / 1900 |
---|---|---|
Announced | 2008, January | |
Status | Available. Released 2008, January |
Size | Dimensions | 107 x 50 x 14 mm |
---|---|---|
Weight | 91 g |
Display | Type | 65K colors |
---|---|---|
Size | 240 x 260 pixels | |
- QWERTY keyboard - Wallpapers |
Ringtones | Type | Polyphonic (32 channels), MP3 |
---|---|---|
Customization | Download, order now | |
Vibration | Yes |
Memory | Phonebook | Yes |
---|---|---|
Call records | Yes | |
Card slot | microSD (TransFlash), buy memory | |
- 64 MB flash memory |
Data | GPRS | Yes |
---|---|---|
HSCSD | No | |
EDGE | Yes | |
3G | No | |
WLAN | No | |
Bluetooth | Yes, v2.0 with A2DP | |
Infrared port | No | |
USB | Yes |
Features | OS | BlackBerry OS |
---|---|---|
Messaging | SMS, MMS, Email, Instant Messaging | |
Browser | HTML | |
Games | Yes + downloadable, order now | |
Colors | Black, Blue | |
Camera | 2 MP, 1600x1200 pixels, video, flash | |
- Built-in GPS - Java - Document viewer (Word, Excel, Powerpoint, PDF) - Media player - SureType keyboard software - Organizer - Calculator - Built-in handsfree - 3.5 mm stereo jack |
Battery | Standard battery, Li-Ion 900 mAh | |
---|---|---|
Stand-by | Up to 360 h | |
Talk time | Up to 4 h 10 min |
Nokia E63
General | 2G Network | GSM 850 / 900 / 1800 / 1900 |
---|---|---|
3G Network | UMTS 900 / 2100 | |
UMTS 850 / 1900 - American version | ||
Announced | 2008, November | |
Status | Available. Released 2008, December |
Size | Dimensions | 113 x 59 x 13 mm, 87 cc |
---|---|---|
Weight | 126 g |
Display | Type | TFT, 16M colors |
---|---|---|
Size | 320 x 240 pixels, 2.36 inches | |
- Full QWERTY keyboard |
Ringtones | Type | Polyphonic, MP3, True Tones |
---|---|---|
Customization | Download | |
Vibration | Yes |
Memory | Phonebook | Practically unlimited entries and fields, Photocall |
---|---|---|
Call records | Detailed, max 30 days | |
Card slot | microSD (TransFlash), up to 8GB, hotswap, buy memory | |
- 120 MB internal memory - ARM 11 369 MHz processor |
Data | GPRS | Class 32, 100 kbps |
---|---|---|
HSCSD | Yes | |
EDGE | Class 32, 296 kbps | |
3G | Yes, 384 kbps | |
WLAN | Wi-Fi 802.11 b/g | |
Bluetooth | Yes, v2.0 with A2DP | |
Infrared port | No | |
USB | Yes, v2.0 microUSB |
Features | OS | Symbian OS 9.2, Series 60 v3.1 UI |
---|---|---|
Messaging | SMS, MMS, Email, Instant Messaging | |
Browser | WAP 2.0/xHTML, HTML | |
Games | Downloadable, order now | |
Colors | Ultramarine Blue, Ruby Red | |
Camera | 2 MP, 1600x1200 pixels, flash, video (QVGA@15fps) | |
- Java MIDP 2.0 - MP3/AAC/MPEG4 player - 3.5 mm audio output jack - Office applications - FM radio - Push to talk - Voice command/dial - PIM including calendar, to-do list and printing - Built-in handsfree |
Battery | Standard battery, Li-Po 1500 mAh (BP-4L) | |
---|---|---|
Stand-by | Up to 432 h | |
Talk time | Up to 11 h |
Monday, February 9, 2009
Nokia Bluetooth Headset BH-208 –
The Nokia Bluetooth Headset BH-208 is for you if you want it all and expect the best from a headset that won’t let you down when you need it.
With a Nokia Bluetooth Headset BH-208 you can:
- experience high-quality sound with outstanding talk time
- enjoy fingertip call control with easy-to-use design
- talk in lightweight comfort and style whenever and wherever you need to
Friday, February 6, 2009
Nokia 1661
General | 2G Network | GSM 900 / 1800 |
---|---|---|
GSM 850 / 1900 - Nokia 1662 | ||
Announced | 2008, November | |
Status | Coming soon. Exp. release 2009, Q1 |
Size | Dimensions | 108 x 45 x 13.8 mm, 65.9 cc |
---|---|---|
Weight | 82 g |
Display | Type | TFT, 65K colors |
---|---|---|
Size | 128 x 160 pixels, 1.8 inches | |
- Themes and wallpapers |
Ringtones | Type | Polyphonic (32 channels) |
---|---|---|
Customization | Download | |
Vibration | Yes |
Memory | Phonebook | 500 entries |
---|---|---|
Call records | 20 dialed, 20 received, 20 missed calls | |
Card slot | No | |
- Up to 250 SMS |
Data | GPRS | No |
---|---|---|
HSCSD | No | |
EDGE | No | |
3G | No | |
WLAN | No | |
Bluetooth | No | |
Infrared port | No | |
USB | No |
Features | Messaging | SMS |
---|---|---|
Browser | No | |
Games | Yes | |
Colors | Black, Grey | |
Camera | No | |
- Flashlight - FM radio - T9 - Calendar - Calculator - Currency converter - Built-in handsfree |
Battery | Standard battery, Li-Ion 720 mAh (BL-4C) | |
---|---|---|
Stand-by | Up to 624 h | |
Talk time | Up to 8 h |
Wednesday, February 4, 2009
HTC MAX 4G
General | 2G Network | GSM 900 / 1800 / 1900 |
---|---|---|
Announced | 2008, November | |
Status | Coming soon. Exp. release 2008, November |
Size | Dimensions | 113.5 x 63.1 x 13.9 mm |
---|---|---|
Weight | 151 g |
Display | Type | TFT touchscreen, 65K colors |
---|---|---|
Size | 480 x 800 pixels, 3.8 inches | |
- TouchFLO 3D finger swipe navigation - Accelerometer sensor for auto-rotate - Proximity sensor for auto turn-off - Touch-sensitive navigation controls - Handwriting recognition |
Ringtones | Type | Polyphonic (40 channels), MP3, WAV, WMA |
---|---|---|
Customization | Download | |
Vibration | Yes |
Memory | Phonebook | Practically unlimited entries and fields, Photocall |
---|---|---|
Call records | Practically unlimited | |
Card slot | microSD (TransFlash) | |
- 288 MB RAM, 256 MB ROM - 8 GB user available memory - Qualcomm ESM7206A 528 Mhz processor |
Data | GPRS | Class 10 (4+1/3+2 slots), 32 - 48 kbps |
---|---|---|
HSCSD | Yes | |
EDGE | Class 10, 236.8 kbps | |
3G | No | |
WLAN | Wi-Fi 802.11 b/g, WiMAX 802.16 e | |
Bluetooth | Yes, v2.0 with A2DP | |
Infrared port | No | |
USB | Yes, miniUSB |
Features | OS | Microsoft Windows Mobile 6.1 Professional |
---|---|---|
Messaging | SMS, MMS, Email, Instant Messaging | |
Browser | WAP 2.0/xHTML, HTML | |
Games | Yes | |
Colors | Black | |
Camera | 3.15 MP, 2048x1536 pixels, autofocus, video, secondary VGA videocall camera | |
- Yota Mobile WiMAX 2,5-2.7 GHz - Yota TV - Built-in GPS receiver - A-GPS function - Stereo FM radio with RDS - MP3/MPEG-4 player - Pocket Office (Word, Excel, PowerPoint, OneNote, PDF viewer) - Java MIDP 2.0 - Voice memo - Built-in handsfree |
Battery | Standard battery, Li-Ion 1500 mAh | |
---|---|---|
Stand-by | Up to 350 h | |
Talk time | Up to 7 h |
NOKIA N79
General | 2G Network | GSM 850 / 900 / 1800 / 1900 |
---|---|---|
3G Network | HSDPA 900 / 2100 | |
Announced | 2008, August | |
Status | Available. Released 2008, October |
Size | Dimensions | 110 x 49 x 15 mm, 74 cc |
---|---|---|
Weight | 97 g |
Display | Type | TFT, 16M colors |
---|---|---|
Size | 240 x 320 pixels, 2.4 inches | |
- Downloadable themes - Touch-sensitive Navi wheel - Accelerometer sensor for auto-rotate |
Ringtones | Type | Polyphonic (64 channels), MP3 |
---|---|---|
Customization | Download | |
Vibration | Yes | |
- Stereo speakers |
Memory | Phonebook | Practically unlimited entries and fields, Photocall |
---|---|---|
Call records | Detailed, max 30 days | |
Card slot | microSD (TransFlash), up to 8GB, hotswap, 4GB card included, buy memory | |
- 83 MB internal memory - ARM 11 369 MHz processor |
Data | GPRS | Class 11, 107 kbits |
---|---|---|
HSCSD | Yes | |
EDGE | Class 32, 296 / 177.6 kbits | |
3G | HSDPA, 3.6 Mbps | |
WLAN | Wi-Fi 802.11 b/g, UPnP technology | |
Bluetooth | Yes, v2.0 with A2DP | |
Infrared port | No | |
USB | Yes, v2.0 microUSB |
Features | OS | Symbian OS 9.3, Series 60 v3.2 UI |
---|---|---|
Messaging | SMS, MMS, Email, Instant Messaging | |
Browser | WAP 2.0/xHTML, HTML, RSS feeds | |
Games | Yes + Java downloadable, order now | |
Colors | Canvas white, Seal grey, Petrol black | |
Camera | 5 MP, 2592x1944 pixels, Carl Zeiss optics, autofocus, video(VGA 30fps), flash; secondary VGA videocall camera | |
- Built-in GPS receiver - A-GPS support - Java MIDP 2.0 - MP3/M4A/AAC/eAAC+/WMA player - Stereo FM radio with RDS - FM transmitter - TV out - 3.5 mm audio output jack - Push to Talk - Voice command/dial - PIM including calendar, to-do list and printing - Document viewer - T9 - Photo/video editor - Integrated handsfree |
Battery | Standard battery, Li-Ion 1200 mAh (BL-6F) | |
---|---|---|
Stand-by | Up to 372 h | |
Talk time | Up to 5 h 30 min |
Samsung T919 Behold
General | 2G Network | GSM 850 / 900 / 1800 / 1900 |
---|---|---|
3G Network | UMTS 1700 | |
Announced | 2008, November | |
Status | Coming soon |
Size | Dimensions | 98 x 55 x 11.4 mm |
---|---|---|
Weight | 100 g |
Display | Type | TFT touchscreen, 256K colors |
---|---|---|
Size | 240 x 320 pixels, 3.0 inches | |
- Accelerometer sensor for auto-rotate |
Ringtones | Type | Polyphonic (64 channels), MP3 |
---|---|---|
Customization | Download | |
Vibration | Yes |
Memory | Phonebook | 1000 entries, Photocall |
---|---|---|
Call records | 30 dialed, 30 received, 30 missed calls | |
Card slot | microSD (TransFlash), up to 8GB |
Data | GPRS | Class 10 (4+1/3+2 slots), 32 - 48 kbps |
---|---|---|
HSCSD | Yes | |
EDGE | Class 10, 236.8 kbps | |
3G | HSDPA, 3.6 Mbps | |
WLAN | No | |
Bluetooth | Yes, v2.0 with A2DP | |
Infrared port | No | |
USB | Yes, v2.0 |
Features | Messaging | SMS, EMS, MMS, Email |
---|---|---|
Browser | WAP 2.0/xHTML, HTML | |
Games | Yes | |
Colors | Light rose, Black | |
Camera | 5 MP, 2592х1944 pixels, autofocus, video(QVGA), flash | |
- Built-in GPS - Java MIDP 2.0 - H.264/H.263/MPEG4 player - MP3/AAC+/WAV player - FM radio with RDS - Organiser - Document viewer - Built-in handsfree - T9 |
Battery | Standard battery, Li-Ion |
---|
Nokia 6303 classic
General | 2G Network | GSM 900 / 1800 / 1900 |
---|---|---|
Announced | 2008, December | |
Status | Coming soon. Exp. release 2009, Q2 |
Size | Dimensions | 108.8 x 46.2 x 11.7 mm, 57 cc |
---|---|---|
Weight | 96 g |
Display | Type | TFT, 16M colors |
---|---|---|
Size | 240 x 320 pixels, 2.2 inches |
Ringtones | Type | Polyphonic, MP3 |
---|---|---|
Customization | Download | |
Vibration | Yes |
Memory | Phonebook | 2000 entries, Photocall |
---|---|---|
Call records | 20 dialed, 20 received, 20 missed calls | |
Card slot | microSD (TransFlash), up to 4GB, 1GB card included | |
- 64 MB storage memory |
Data | GPRS | Class 32 |
---|---|---|
HSCSD | No | |
EDGE | Class 32 | |
3G | No | |
WLAN | No | |
Bluetooth | Yes, v2.0 | |
Infrared port | No | |
USB | Yes, microUSB |
Features | Messaging | SMS, MMS 1.3 (up to 600KB), Email, IM |
---|---|---|
Browser | WAP 2.0/xHTML | |
Games | 4 + Downloadable | |
Colors | Steel, Matt Black | |
Camera | 3.15 MP, 2048x1536 pixels, autofocus, flash, video(VGA@15fps) | |
- Stereo FM radio with RDS - Java MIDP 2.0 - Flash Lite 3 - Nokia Maps - MP3/AAC/eAAC player - 3.5 mm audio output jack - Voice memo - Calculator - Built-in handsfree |
Battery | Standard battery, Li-Ion 1050 mAh (BL-5CT) | |
---|---|---|
Stand-by | Up to 450 h | |
Talk time | Up to 7 h |
BlackBerry Curve 8900
General | 2G Network | GSM 850 / 900 / 1800 / 1900 |
---|---|---|
Announced | 2008, November | |
Status | Available. Released 2008, November |
Size | Dimensions | 109 x 60 x 13.5 mm |
---|---|---|
Weight | 110 g |
Display | Type | TFT, 65K colors |
---|---|---|
Size | 480 x 360 pixels, 2.4 inches | |
- Full QWERTY keyboard - Trackball navigation - Wallpapers |
Ringtones | Type | Polyphonic, MP3 |
---|---|---|
Customization | Download, order now | |
Vibration | Yes |
Memory | Phonebook | Yes, Photocall |
---|---|---|
Call records | Yes | |
Card slot | microSD (TransFlash) up to 16GB, buy memory | |
- 512Mhz processor |
Data | GPRS | Class 10 (4+1/3+2 slots), 32 - 48 kbps |
---|---|---|
HSCSD | Yes | |
EDGE | Class 10, 236.8 kbps | |
3G | No | |
WLAN | Wi-Fi 802.11b/g | |
Bluetooth | Yes, v2.0 with A2DP | |
Infrared port | No | |
USB | Yes, miniUSB |
Features | OS | BlackBerry OS |
---|---|---|
Messaging | SMS, MMS, Email, Instant Messaging | |
Browser | HTML | |
Games | Yes + downloadable, order now | |
Colors | Black | |
Camera | 3.15 MP, 2048x1536 pixels, flash, autofocus, video | |
- Built-in GPS - aGPS function - Java - Media player - BlackBerry maps - Organizer - Calculator - Voice dial - Built-in handsfree |
Battery | Standard battery, Li-Ion 1400 mAh | |
---|---|---|
Stand-by | Up to 356 h | |
Talk time | Up to 5 h 30 min |
Monday, February 2, 2009
LG GD910
General | 2G Network | GSM 850 / 900 / 1800 / 1900 |
---|---|---|
3G Network | HSDPA 2100 | |
Announced | 2009, January | |
Status | Coming soon |
Size | Dimensions | 61 x 39 x 13.9 mm |
---|---|---|
Weight | 84.0 g |
Display | Type | TFT touchscreen, 256K colors |
---|---|---|
Size | 176 x 220 pixels, 1.43 inches | |
- Flash UI |
Ringtones | Type | Polyphonic, MP3 |
---|---|---|
Customization | Download | |
Vibration | Yes |
Memory | Phonebook | Yes |
---|---|---|
Call records | Yes | |
Card slot | No |
Data | GPRS | Class 10 (4+1/3+2 slots), 32 - 48 kbps |
---|---|---|
HSCSD | No | |
EDGE | Class 10, 236.8 kbps | |
3G | HSDPA, 7.2 Mbps | |
WLAN | No | |
Bluetooth | Yes, v2.0 with A2DP | |
Infrared port | No | |
USB | No |
Features | Messaging | SMS, EMS, MMS |
---|---|---|
Browser | Yes | |
Games | Yes | |
Colors | White, Black | |
Camera | CIF, 352 x 288 pixels | |
- Water resistant - Text-to-speech capabilities - Speech recognition - MP3 player - Organiser - Built-in handsfree - T9 |
Battery | Standard battery, Li-Ion | |
---|---|---|
Stand-by | Up to 247 h | |
Talk time | Up to 2 h |
FO cancels cricketers’ tour to India
ISLAMABAD: The Foreign Office cancelled on Monday the tour of five Pakistani cricketers to India.
According to details, five cricketers, who have been asked not to travel to India, include Yasir Hameed, Danish Kaneria, Asim Kamal, Mohammad Hafiz and Yasir Arafat. These players had to go to India to participate in the IPL auction ceremony. The Ministry of Sports had already given them permission to visit India.
The three-point advis ... Full Story