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Mint. Pakistan Mint. Valuation. Inflation. 35.37% (2023) The Pakistani rupee ( ISO code: PKR) is the official currency in the Islamic Republic of Pakistan. The issuance of the currency is controlled by the State Bank of Pakistan. It was officially adopted by the Government of Pakistan in 1949.
KIBOR. The Karachi Interbank Offered Rate ( KIBOR) is a daily reference rate based on the interest rates at which banks offer to lend unsecured funds to other banks in the Karachi wholesale (or "interbank") money market. [1] The banks used it as a benchmark in their lending to corporate sector.
As of 2022, the list of Pakistani Nobel laureates consists of following people. [1] Awarded jointly to Kailash Satyarthi and Malala Yousafzai – "for their struggle against the suppression of children and young people and for the right of all children to education." [4]
2023. Jacksonville Jaguars, Fulham F.C., Flex-N-Gate LLC, Toronto Four Seasons, All Elite Wrestling. [1] 2. Mian Muhammad Mansha. $5 billion. 2023. Nishat Group, Nishat Hotels, Nishat Hyundai Motors Plant in Faisalabad, MCB Bank, DG Khan Cement, owner of Emporium Mall, Adamjee Group, Nishat Chunian Group Textile Mills. [2]
Amid these economic dynamics, Pakistan underwent a structural transition. The GDP share of agriculture declined from 53% in 1947 to 21.2% in 2010, while the GDP share of industry rose from 9.6% in 1949–50 to 25.4% in 2010. Additionally, the GDP share of the services sector increased from 37.2% in 1950 to 53.4% in 2010.
Finance Minister Ishaq Dar said that China approved a rollover of a $1.3 billion loan for cash-strapped Pakistan, which would help shore up its depleting foreign exchange reserves. The World Bank further recorded the Consumer price index (CPI) for food items on a year on year basis at 45.1%, the second highest in South Asia after Sri Lanka. [37]
The Pakistan Stock Exchange ( Urdu: بازارِ حِصَص پاکستان, abbreviated as PSX) is a stock exchange in Pakistan with trading floors in Karachi, Islamabad, and Lahore. The Lahore floor has a subfloor in Sialkot. [4] [5] PSX was classified by MSCI as a frontier market on 8 September 2021. [6]
Pakistan, in 2022, had a (GDP nominal) of around US$377 billion and (GDP PPP) of around US$1.512 trillion, according to trading economics. [1] This value can be further divided into the unit levels (GSP), providing an outlook of how much value each unit contributes to the national GDP. Pakistan has traditionally followed a "top-down" approach ...