07292016Fri
Last update: Fri, 29 Jul 2016 07pm

Money and Banking: Pakistan

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On the back of rising demand, the dollar started showing its muscles as it crossed the barrier of Rs 106 against the rupee on the open market on Thursday, dealers said. The rupee moved with little changes versus the dollar for buying and selling at Rs 104.85 and Rs 104.86 respectively, dealers said.
Global Home Remittance Head of the National Bank of Pakistan Irtiza Kazmi said that remittances of Pakistan could be doubled by adopting different strategies, including elimination of Hundi system. Irtiza Kazmi said there was a huge potential of growth in the inflow of remittances that could be raised from $20 billion (in 2015-16) to above $40 billion per annum in the coming years.
Jubilee Life Insurance Managed Growth Fund Rates on Thursday (July 28, 2016).

Jubilee Life Insurance Capital Growth Fund Rates on Thursday (July 28, 2016).

JLI Meeseq Fund Rates on Thursday (July 28, 2016).

JLI Yaqeen Growth Fund Rates on Thursday (July 28, 2016).

JLI Managed Takaful Fund Rates on Thursday (July 28, 2016).