Tuesday, February 09, 2010


Pakistan Open Market Forex Rates
Updated at : 9/2/2010 3:31 AM (PST)

Currency
Buying
Selling
 Australian Dollar
74.00
75.00
 Canadian Dollar
79.85
80.85
 China Yuan
12.00
13.50
 Euro
118.80
120.00
 Japanese Yen
0.9430
0.9530
 Saudi Riyal
22.97
23.22
 U.A.E Dirham
23.47
23.67
 UK Pound Sterling
135.80
137.00
 US Dollar
86.30
86.50

Risk management tools can improve the UAE banks progress

Risk management tools can improve the UAE banks progress  This is to more severe without monitor and controls, risk can not be minimized while in diverse investment, range of risk management tools ensure their competitiveness across the world should be fully implemented such as; Basel-II. A global implementation of the Basel-II- is a cycle of proposals on banking laws and regulations to create an international standard. There has been a major risk that can come from uncertainty in financial markets, project failures, legal liabilities, credit risk, accidents, natural causes and disasters as well as deliberate attacks from an adversary.

Read more: Risk management tools can improve the UAE banks progress

 

China acquired new foreign policy

China acquired new foreign policy A great nation with a great economic polices are keep on developing which have recently investment in poorer area of Africa, Moldova. As from the last memorandum, china signed to lend $1billion, which is the biggest loan to give the poorer nation-- equal to a tenth of the east European country's gross domestic product. This is a real term of diversify investment entire the world specifically by the Chinese exporters. Although, Moldova region has not much infrastructure but remain to political uncertainty, weak administrative, higher fuel prices, underprivileged agriculture weather and ambiguity of foreign investors as well as the pro-self-government.

Read more: China acquired new foreign policy

 

Precautions of trading during volatility in market

Precautions of trading during volatility in marketThe traders have seen opportunity during the volatility in the market. These ups and downs in the market indicate unnecessary movement which can cause potential loss especially if traders do not take the necessary action. In the mean value, traders need to adjust their strategy to pay costs of inconsistent market. This time traders should take necessary steps. Following are the rules are as;

Read more: Precautions of trading during volatility in market

 
KSE Market Summary Feb 09, 2010 13:53
Market
Status
Opened
Volume
112,398,242
Value
3,231,711,740.81
Trades
54,276
Symbols
Advanced
189
Decline
133
Unchanged
15
Total
337
 
Index
Current
High
Low
Change
KSE All Share Index
6964.11
6996.96
6955.16
 8.95
KSE 100 Index
9820.84
9868.20
9809.98
 10.86
KSE 30 Index
10221.57
10265.60
10209.42
 12.15
KMI 30 Index
14541.44
14598.86
14496.10
 45.34

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Economic Indicators

Economic Indicators
Annual 2008/09
Foreign Exchange Debt $50.01bn
Per Cap Income $1046
GDP Growth 2.0%
Average CPI 20.77%
Monthly December
Trade Balance $-1.33 bln
Exports $1.58 bln
Imports $2.91 bln
Weekly Jan 18, 2010
Foreign Exchange Reserves $15.203 bln