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The State Bank of Pakistan then stabilized the exchange rate by lowering interest rates and buying dollars, to preserve the country's export competitiveness. 2008 was termed a disastrous year for the rupee after the elections: between December 2007 and August 2008, it lost 23% of its value, falling to a record low of Rs.79/ 20 against the US ...
Pakistan Mercantile Exchange, formerly known as National Commodity Exchange Limited is a futures commodity exchange based in Karachi, Pakistan. It is the only company in Pakistan to provide a centralised and regulated place for commodity futures trading and is regulated by Securities and Exchange Commission of Pakistan (SECP). It began its full ...
This is a list of shopping malls in Pakistan. This list contains some of the most notable shopping malls in the country, each with its own unique offerings and qualities. [ 1 ]
Saindak Copper Gold Project is located near Saindak town in Chagai District of Balochistan, Pakistan.The discovery of gold, copper & silver deposits at Saindak was made in the 1970s in collaboration with ahe Saindak Copper-Gold Project was set up by Saindak Metals Ltd, a company fully owned by the Government of Pakistan, by the end of 1995 at a cost of PKR 13.5 billion.
Karachi is now Pakistan's premier industrial and financial centre. The city has a formal economy estimated to be worth $190 billion as of 2021, which is the largest in the country. [36] [37] Karachi collects 35% of Pakistan's tax revenue, [38] and generates approximately 25% of Pakistan's entire GDP.
Seth Abid Hussain (1933 – 8 January 2021) was a Pakistani gold merchant, billionaire, and philanthropist. He gained prominence in Pakistan's business community and was known for his involvement in the gold trade, earning him the nickname "The King of Gold" in the country. [3] Hussain's net worth in 2017 was estimated to be around 3 billion ...
Bohri Bazaar, also known as Bohra Bazaar, (Urdu: بوہری بازار) is a bazaar located in Saddar Town, Karachi, Sindh, Pakistan. [1] It is one of the oldest marketplaces of Karachi. [2] [3] Bohri Bazaar was once the most famous shopping place in Karachi. [2] [3] It has historical importance similar to Istanbul’s Grand Bazaar. [2] [3]
Lung cancer in Pakistan is caused directly by tobacco in 90% of cases. It claims lives of 100,000 people every year. [4]According to the study conducted by Sustainable Development Policy Institute (SDPI) on national treasury versus public health (2018–19), it was learned that there are above 23.9 million tobacco users in the country, out of which 125000 are dying every year because of ...