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The rupee fell modestly against the dollar on the interbank market while it was stable on the open market in the process of trading on Wednesday, dealers said. Some analysts attributed the rise in value of the dollar locally to widely appreciation in its value globally and it looks that the national currency may move in a narrow range in the near future.

Remittance industry's first free life insurance for overseas Pakistanis working in the Kingdom of Saudi Arabia (KSA) and Kuwait was launched by Xpress Money, world's most dependable money transfer brand, in association with Union Insurance - one of the leading insurance firms in the Gulf Co-operation Council (GCC) on Tuesday.
Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (May 22, 2013).

Jubilee Life Insurance Capital Growth Fund Rates on Wednesday (May 22, 2013).

JLI Meeseq Fund Rates on Wednesday (May 22, 2013).

JLI Yaqeen Growth Fund Rates on Wednesday (May 22, 2013).

EFU Managed Growth Fund Rates on Wednesday (May 22, 2013).

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Banking Review 2012

Annual2011/12
Foreign Debt $65.562bn
Per Cap Income $1,372
GDP Growth 3.7%
Average CPI 10.08%
MonthlyApril
Trade Balance $-1.779 bln
Exports $2.130 bln
Imports $3.909 bln
WeeklyMay 20, 2013
Reserves $11.601 bln