Wednesday, March 10, 2010


Pakistan Open Market Forex Rates
Updated at : 10/3/2010 6:07 AM (PST)

Currency
Buying
Selling
 Australian Dollar
76.10
77.20
 Canadian Dollar
81.40
82.50
 China Yuan
12.00
13.50
 Euro
114.80
116.30
 Japanese Yen
0.9300
0.9400
 Saudi Riyal
22.40
22.65
 U.A.E Dirham
22.90
23.20
 UK Pound Sterling
127.30
129.00
 US Dollar
84.70
85

Economic Disease – Inflation

Economic Disease – Inflation
 
Inflation is the situation where the prices of the goods and services rise and the purchasing power of the money decreases that effect the real value of money and also show the actual position and growth of the economy of a country.

Read more: Economic Disease – Inflation

 

Dubai future growth expectations

Dubai future growth expectationsThe landmark of investors has been still to seeking the potential, which will embark a highest level. Though the world are in economic recovery phase while this region has a hindrance as lending remains rigid. Although, Dubai World have been struggling to resolve its debt that stands still $26 billion. In the month of the January Dubai stock exchange fell by 15% due to uncertainty in the restructure. Currently, world will be watching on Dubai World to hope the reformation of Dubai World remaining $22 billion debt whether the risk would be higher to reach ahead.

Read more: Dubai future growth expectations

 

Oil demand dropped to $73, impact on crude future

Oil demand dropped to $73, impact on crude future

Crude oil dropped towards $72.85 per barrel due to uneven trade while Dollar is strengthened against the euro. Since late in the first week of January, petroleum spot and futures prices have fallen by about $9 per barrel. In this regard, manor shift in winter weather has impact on heating fuels in the United States and globally, is one factor that effect crude oil market. There have been other factors including slow economic recovery that will impact on petroleum demand. As from the OPEC narration, there had been expected to rise in production by the G-11 members dependent on oil yield limit.

Read more: Oil demand dropped to $73, impact on crude future

 
KSE Market Summary Mar 09, 2010 16:54
Market
Status
Suspend
Volume
212,720,423
Value
8,127,069,429.82
Trades
103,168
Symbols
Advanced
197
Decline
196
Unchanged
12
Total
405
 
Index
Current
High
Low
Change
KSE All Share Index
6914.37
6964.69
6885.50
 28.87
KSE 100 Index
9787.03
9861.08
9740.19
 46.84
KSE 30 Index
10257.84
10310.01
10210.88
 46.96
KMI 30 Index
14683.26
14717.28
14554.47
 128.79

Forex Brokers Ads

Currency Converter

Convert   into    

Follow me on Twitter

Follow me

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