Overseas Pakistani have remained an integral part of the Pakistan’s economy and the country’s foreign exchange reserves have been immensely supported by the remittance they sent back home. In an another attempt to attract investment from Overseas Pakistanis, the Government of Pakistan has announced a new investment scheme called “Naya Pakistan Certificates (NPCs)”. The new … Read More “Government of Pakistan announces Naya Pakistan Certificates” »
Do you believe that the words “ھامل ھٰذا کو مطالبے پرادا کریگا” written on the Pakistani currency notes means that the State Bank Of Pakistan (SBP) will give you GOLD equivalent to the face value of currency note? Well here is a reality check. The answer is a big NO. Let’s say if you have … Read More “Truth about “Hamil e Haza ko Mutalbay per Adda Karega” – Myth buster” »
In a situation where the entire world economy is in recession, a good news has emerged today for Pakistani economy on the external front. The Pakistani Rupee appreciated nearly 2% in the inter-bank market and reached Rs. 163.57 on April 17, 2020 against Rs. 166.88 on previous day. The increase in the value of rupees … Read More “Pakistani Rupee appreciated by 3.31 rupees (1.98%) against US dollar” »
