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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. [2]
Follow live coverage of South Africa vs Pakistan from the Pakistan in South Africa 2024/2025 today. The ICC Test Championship sees nine teams compete across a two-year cycle of matches before a ...
Follow all the latest live coverage of today's match in the live blog below: Pakistan vs Bangladesh. 10:31. Teams will be announced at the toss. Pakistan vs Bangladesh. 10:30. Follow live coverage ...
Harry Brook became the sixth England player to score a Test triple century, [38] which, coming off 310 balls, was the second-fastest in Test history. [39] England recorded the fourth-highest total in Tests. [40] Pakistan's first innings total was the only one over 500 by a team that went on to lose a Test match by an innings. [41] [42]
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.
The future exchange rate is reflected into the forward exchange rate stated today. In our example, the forward exchange rate of the dollar is said to be at a discount because it buys fewer Japanese yen in the forward rate than it does in the spot rate. The yen is said to be at a premium. UIRP showed no proof of working after the 1990s.
They defeated New Zealand by an innings and 1 run in the first test and won the second test match by 4 wickets. The final test ended in a draw, resulting in Pakistan's first ever Test series win, with 2–0 margin. In 1956 Australia toured Pakistan and played one test, which Pakistan won. They bowled Australia out for 80 in their first innings.
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