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Money and Banking: Pakistan

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Bears dominated on the money market on Monday as the rupee tended slightly lower versus the dollar in process of trading, dealers said.

State Bank of Pakistan (SBP) on Monday announced to stop re-issuance of Rs 10 and Rs 100 old design bank notes with effect from 1st April, 2015. According to the SBP, the bank notes of new designs of different denominations with advanced security features were introduced in a phased manner after 2006.
Jubilee Life Insurance Managed Growth Fund Rates on Monday (March 30, 2015).

Jubilee Life Insurance Capital Growth Fund Rates on Monday (March 30, 2015).

JLI Meeseq Fund Rates on Monday (March 30, 2015).

JLI Yaqeen Growth Fund Rates on Monday (March 30, 2015).

The following were the revised rates of debt securities on Monday (March 30, 2015).

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Index Closing Chg%
Arrow DJIA 17,976.31 1.49
Arrow Nasdaq 4,947.44 1.15
Arrow S&P 2,081.24 1.22
Arrow FTSE 6,891.43 0.53
Arrow DAX 12,086.01 1.83
Arrow CAC-40 5,083.52 0.98
Arrow Nikkei 19,411.40 0.65
Arrow H.Seng 24,855.12 1.51
Arrow Sensex 27,975.68 1.88





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ICT 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJanuary
Trade Balance $-999 mln
Exports $2.064 bln
Imports $3.063 bln
WeeklyMarch 13, 2015
Reserves $16.273 bln