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Open market currency rate in Pakistan exchange

Open market currency rate in Pakistan exchange

Jahangir Amuzegar THURSDAY, MAY 3, 2012 Iran’s economy is in “shambles, ” as President Barack Obama recently noted. Over the past two years, the Iranian economy has seen anemic growth, high unemployment, rising consumer prices, and a sharply deteriorating business climate. And it keeps getting worse. Compounding those bleak economic prospects, “smart” economic sanctions imposed on the Iranian economy have been replaced by comprehensive ones, a subsidies …

What are currency options?

What are currency options?

Currency option is a contract which grants the holder the right but no compulsion to purchase or trade legal tender at a particular exchange rate in a particular phase of time for which a premium amount is remunerated to the broker which differ with the number of currency purchased. Currency option is the most excellent way for any person or company to circumvent against unfavorable actions in exchange rates. Foreign currency is the basic asset in …