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Money and Banking: Pakistan


The rupee failed to come out of the woods after surrendering its overnight gains against the dollar on the money market on Friday, dealers said. The rupee slid in terms of the dollar, losing 30-paisa for buying and selling at Rs 103.25 and Rs 103.30 respectively, they said.

ImageThe National Bank of Pakistan (NBP) on Friday announced to launch "Foree Remittance Account" aimed at facilitating the overseas Pakistanis and enhance home remittance flow in the country.
Jubilee Life Insurance Managed Growth Fund Rates on Friday (October 24, 2014).

Jubilee Life Insurance Capital Growth Fund Rates on Friday (October 24, 2014).

JLI Meeseq Fund Rates on Friday (October 24, 2014).

JLI Yaqeen Growth Fund Rates on Friday (October 24, 2014).

The following were the revised rates of debt securities on Friday (October 24, 2014).


Index Closing Chg%
Arrow DJIA 16,677.90 1.32
Arrow Nasdaq 4,452.79 1.60
Arrow S&P 1,950.82 1.23
Arrow FTSE 6,419.15 0.30
Arrow DAX 9,047.31 1.20
Arrow CAC-40 4,157.68 1.28
Arrow Nikkei 15,138.96 0.37
Arrow H.Seng 23,333.18 0.30
Arrow Sensex 26,851.05 0.24

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Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklyOctober 23, 2014
Reserves $13.465 bln