PAKISTAN MARKET INDICATOR EXCHANGE RATES Currency Activity Friday 17-Nov Friday 24-Nov Friday 1-Dec Friday 8-Dec Friday 15-Dec Friday 22-Dec DOLLAR Buying 107.4 107.6 107.6 107.5 110.3 110.25 Selling 107.7 107.9 107.9 107.8 110.6 110.55 POUND Buying 141.5 142.25 143.35 144.25 …
Read More »
INTEREST RATES IN PAKISTAN (%) Month SBP Reverse Repo Rate SBP Repo Rate SBP Policy (Target) Rate 11-Feb-13 9.50 7.00 – 24-Jun-13 9.00 6.50 – 16-Sep-13 9.50 7.00 – 18-Nov-13 10.00 7.50 – 17-Nov-14 9.50 7.00 – 26-Jan-15 8.50 6.00 …
Read More »
Pakistan’s leather industry, including leather products, is the second largest export earning sector after textile. Presently, this sector is sharing almost $874 million yearly volume but has the potential to multiply this volume of exports with improvement in quality and …
Read More »
During Q3CY17, Banking sector’s performance, both on QoQ and YoY basis, has remained quite satisfactory in Pakistan. Presently the State Bank of Pakistan (SBP) revealed in the report, less than normal seasonal decline in advances along with enhanced liquidity and …
Read More »
PAKISTAN MARKET INDICATOR EXCHANGE RATES Currency Activity Thurs 9-Nov Friday 17-Nov Friday 24-Nov Friday 1-Dec Friday 8-Dec Friday 15-Dec DOLLAR Buying 107.6 107.4 107.6 107.6 107.5 110.3 Selling 107.9 107.7 107.9 107.9 107.8 110.6 POUND Buying 141.25 141.5 142.25 143.35 …
Read More »
PAKISTAN: EXCHANGE RATES IN 2017 (Months End) Details Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov DOLLAR Buying 107.6 107.3 106.45 106 106.2 106.15 107.2 107.55 106.6 107.25 107.6 Selling 107.9 107.6 106.75 106.3 106.5 106.45 107.5 …
Read More »
Presently, remittance constitutes an important portion of the Gross Domestic Products in various states. The United Nations projects that between 2015 and 2030, a predicted US$ 6.5 trillion in remittances will be sent to low and middle-income states. The World …
Read More »
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 …
Read More »
PAKISTAN MARKET INDICATOR EXCHANGE RATES Currency activity Friday 28-Oct Thurs 9-Nov Friday 17-Nov Friday 24-Nov Friday 1-Dec Friday 8-Dec DOLLAR Buying 107.25 107.6 107.4 107.6 107.6 107.5 Selling 107.55 107.9 107.7 107.9 107.9 107.8 POUND Buying 140.5 141.25 141.5 142.25 …
Read More »
Export From Pakistan (Value In ‘000.$) Country July-February Change July-February 2016-17 2015-16 VALUE % 2016-17 2015-16 % Share 1 U.S.AMERICA 2,234,815 2,328,206 (93,391) (4.01) 16.80 16.80 2 CHINA 1,038,951 1,153,551 (114,600) (9.93) 7.81 8.32 3 UNITED KINGDOM 1,018,761 1,055,288 (36,527) …
Read More »
The United Arab Emirates (UAE) is a very prosperous country, chiefly because of its modest population base and heavy oil resources. The large budget surpluses attained have enabled United Arab Emirates to accumulate a sizeable current account balance, held chiefly …
Read More »
Pakistan’s balance of trade statistics cumulative from July-October, 2017 were recorded (-) 12,107 million in US dollars while exports during October, 2017 was recorded $1,888 million (provisional) as compared to $1,675 million (provisional) during September, 2017 explaining a rise of …
Read More »
Pakistan & Gulf Economist Pakistan's Business Financial Magazine