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Yearly Archives: 2017

Developing livestock in Balochistan

Balochistan’s potential livestock sector – need of innovative investment plan

Balochistan is rich in livestock resources contributing about 40 per cent of Pakistan’s total livestock population. The main consumers of its livestock include leather, carpet and pharmaceutical industries. The province caters to the needs and demands of leather and carpet …

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Market Indicators

Market Indicators

PAKISTAN MARKET INDICATOR EXCHANGE RATES Currency Activity Thurs 9-Nov Friday 17-Nov Friday 24-Nov Friday 1-Dec Friday 8-Dec Friday 15-Dec DOLLAR Buying 107.6 107.4 107.6 107.6 107.5 110.3 Selling 107.9 107.7 107.9 107.9 107.8 110.6 POUND Buying 141.25 141.5 142.25 143.35 …

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Mixed scenario of Pakistan’s remittances

Mixed scenario of Pakistan’s remittances

Presently, remittance constitutes an important portion of the Gross Domestic Products in various states. The United Nations projects that between 2015 and 2030, a predicted US$ 6.5 trillion in remittances will be sent to low and middle-income states. The World …

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Foreign exchange reserves: An overview

Foreign exchange reserves: An overview

Foreign exchange reserves are significant assets of any country because they are importantly affected by exchange rate policy, regulations, monetary policy, external unrest and the impact of the shortages that may come from the economic environment of any state. Without …

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World Stock Markets

World Stock Markets updates

Wall street at record on increasing hopes of tax overhaul Wall Street major indexes scaled new heights on Friday, with all the major sectors pushing higher as the long-awaited bill to lower corporate tax rates enters the final stretch. The …

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Stock Review

Stock Review

Key supreme court rulings and declining forex reserves drag market lower The week ended on 15th December 2017 witnessed the benchmark index of Pakistan Stock Exchange (PSX) declining by 1.11%WoW to close at 38,646 points. Average daily traded volume decreased …

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