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The Richest People on Earth

Infographics

A million seconds are close to 12 days, a billion seconds amount to almost 32 years. According to Forbes, Amazon founder Jeff Bezos has accumulated a net worth of some 131 billion U.S. dollars. If the 54-year old started spending a dollar each …

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Will US Dollar loose it’s kingpin status?

Will US dollar loose it’s kingpin status?

At the conclusion of the Islamic summit in Malaysia, Prime Minister Mahathir Mohamad praised Iran and Qatar for withstanding economic embargoes and said it was important for the Muslim world to be self-reliant to face future threats. He said “With …

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Pakistan

Pakistan News

PKR Stable Against Dollar The rupee remained stable against the dollar at Rs121.4/121.6 in the inter-bank market on Friday compared with Thursday’s close of Rs121.4/121.6. Contrary to the impression created after the previous round of devaluation, the Pakistani currency weakened …

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Distress over unchecked increase in dollar rate

Distress over unchecked increase in dollar rate

Trade and industry stakeholders have warned that an unchecked increase in dollar rate will increase the cost of production, affecting the manufacturing as well as agriculture sectors badly, because the country has to import fertilizers, food items, oil, machinery and …

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The impact of free fall of rupee

The impact of free fall of rupee

The Pakistani rupee continues to weaken against the US dollar after the central bank withdrew its support earlier this month. The local currency has plunged to record low against the dollar as it is presently being traded at Rs107-110 for …

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