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Money and Banking: Pakistan


The rupee managed to recover modestly against the dollar and euro on the currency market on Tuesday, dealers said on Monday. The rupee picked up 17-paisa in relation to the dollar for buying at Rs 102.78 and it also gained 16-paisa for selling at Rs 102.82, they said.

Minister for Information and Broad-casting Senator Pervaiz Rashid has said that foreign remittances and revenue collection have gone up despite Imran Khan''s call for civil disobedience. Addressing a press conference on Tuesday, the minister said PTI Chief Imran Khan was levelling baseless allegations against the government on a daily basis, but he [Imran] can''t prove them in courts."
Jubilee Life Insurance Managed Growth Fund Rates on Tuesday (September 16, 2014).

Jubilee Life Insurance Capital Growth Fund Rates on Tuesday (September 16, 2014).

JLI Meeseq Fund Rates on Tuesday (September 16, 2014).

JLI Yaqeen Growth Fund Rates on Tuesday (September 16, 2014).

EFU Managed Growth Fund Rates on Tuesday (September 16, 2014).

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Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.434 bln
Exports $1.930 bln
Imports $3.364 bln
WeeklySeptember 15, 2014
Reserves $13.414 bln