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As per World Trade Organization's statistics, the wooden furniture exports of Pakistan reportedly amounted to almost $51 million in the calendar year (CY) 2011. [2] Whereas, in 2009-2010 the furniture exports of Pakistan ranged between $25 million to $30 million (excluding undocumented exports of an approximate amount of $10 million).
The Pakistani rupee depreciated against the US dollar until around the start of the 21st century, when Pakistan's large current-account surplus pushed the value of the rupee up versus the dollar. Pakistan's central bank then stabilized by lowering interest rates and buying dollars, in order to preserve the country's export competitiveness.
In late January, Pakistan lifted the artificial cap on its currency, causing the rupee to plunge 20% against the dollar in a few days. The government raised fuel prices by 16%. And the Pakistani central bank raised its interest rate by 100 basis points to battle the country's highest inflation in decades, expected to be as high as 26% in ...
The Pakistani rupee depreciated against the United States dollar until the turn of the century when Pakistan's large current account surplus pushed the value of the rupee up against the dollar. The State Bank of Pakistan then stabilized the exchange rate by lowering interest rates and buying dollars, to preserve the country's export ...
Punjab has the largest economy in Pakistan, contributing most to the national GDP. The province's share was 60.58% in 2020 to national economy. [2] Sindh which is the second largest province in terms of population and GDP which has steadily continued to grow, contributes 23.7% to the national economy. [2]
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] 3: Anwar Pervez: $3.1 billion: 2020: Bestway Group, Bestway Cement [3] 4: Majjid Bashir: $750 Million: 2022: Bristol Group [4 ...
Karachi (/ k ə ˈ r ɑː tʃ i /; Urdu: کراچی [kə.ɾɑː.t͡ʃiː]; Sindhi: ڪراچي ; IPA: [kəˈraːtʃi] ⓘ) is the capital city of the Pakistani province of Sindh.It is the largest city in Pakistan and 12th largest in the world, with a population of over 20 million.
Sultan Bashiruddin Mahmood a Pakistani nuclear engineer developed a device to detect heavy water leaks in nuclear steam cylinders while working at Knapp nuclear power reactor near Karachi in 1972. [12] The device is patent in his name under his initials SBM probe and is widely used in nuclear power plants to date. [13]