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US dollar-Pakistani rupee exchange rate. Between 1948 and July 1955, the Pakistani rupee was effectively pegged to the U.S. dollar at approximately Rs.3/31 per U.S. dollar. Afterwards, this was changed to approximately Rs.4/76 per U.S. dollar, a devaluation of 30%, to match the Indian rupee's value. [23]
The Karachi Race Club was established in 1876. [1] The racing continued at the old site behind the Karachi Cantonment railway station up to 1987. In 1989 the race club shifted to the present location at Deh Safroon, Main University Road, Malir Cantonment, in Karachi. Seven to ten races are held at the KRC every Sunday.
The Reko Diq Mine is a planned mining operation, located near Reko Diq town in Chagai District, Baluchistan, Pakistan. [1] Reko Diq represents one of the largest copper and gold reserves in the world having estimated reserves of 5.9 billion tonnes of ore grading 0.41% copper and gold reserves amounting to 41.5 million oz, and a mining life of at least 40 years.
Many of Pakistan's tallest buildings are located in Karachi, including: Habib Bank Plaza, built in 1963 in Karachi, was the first high-rise and the tallest building in Pakistan. It stands 102 m (335 ft) tall with 25 floors. It was also the tallest building in Asia from 1963 to 1965, and the tallest building in South Asia from 1963 to 1970.
Pakistan Mercantile Exchange (formerly National Commodity Exchange Limited) is the first technology driven, web-based, demutualized multi-commodity exchange in Pakistan. The exchange registered trading volume of Rs 306 billion in October 2018. [ 2] It is licensed and regulated by the Securities and Exchange Commission of Pakistan.
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Seth Abid Hussain (1933 – 8 January 2021) [3] was a Pakistani gold merchant, billionaire, and philanthropist. [4] [5] [6] [7] He gained prominence in Pakistan's ...
Trends in five of the top seven gold-producing countries. This is a list of countries by gold production in 2022. [ 1] Until 2006, South Africa was the world's largest gold producer. In 2007, increasing production from other countries and declining production from South Africa meant that China became the largest producer, although no country ...