WHAT ARE FOREIGN RESERVES?

Foreign reserves are the foreign currencies held by a state bank in different countries. These reserves are kept in order to stabilize their trade with other countries as well as by this means countries get a chance to boost their economic ability on both local and international levels. These foreign currencies […]

STRONGEST ECONOMIES IN THE WORLD:

When the strongest economies of the world are under discussion, the order may shift with a slight change but the key players are always the same. Due to the advancement of technology and industrial development, these countries produce a huge amount of goods and services which makes them strong on both […]

ROLE OF MONEY TRANSFER COMPANIES IN ECONOMY:

Money transferring has become so much common that money transferring companies have owned a remarkable position in the business sector these days. Money transferring service has made sending and receiving money so easy and convenient that many people access this service. The worth of this service in the business sector of […]

REASONS OF ECONOMIC CRISES IN PAKISTAN:

Pakistan is currently in a phase of crisis related to its economy. Debt is on its peak and devaluation of the rupee is creating a hectic situation for the economy as a whole. The reasons for this crisis can be found from the historical overview that can elaborate on the causes […]

DEVALUATION OF PAKISTANI RUPEE, CAUSES AND EFFECTS:

Pakistan has experienced one of the remarkable declines in the value of rupee recently. These events of the devaluation of rupee occur every now and then which depicts how the economy is working on both national and international levels. After these dealings of devaluation, there remains no way left but approaching […]

MONEY TRANSFERRING SCAMS YOU SHOULD BE AWARE OF:

You would find plenty of money transferring services over the internet. The fact that technological advancements in the field of money transferring has made lives of people easier for them as money can be sent and received very quickly and conveniently. Technological advancements have also paved the path for scammers as […]

Money transferring systems in Pakistan:

There are several transferring companies currently operational in Pakistan and this number has been seen to grow over the years as the demand for electronic money transactions has increased and more services are being established. The customers are mainly the owners of well-established businessmen who make heavy transactions on national and […]

MONEY LAUNDERING:

Money laundering is a common term which refers to the process by which criminals cover the original ownership and control of the profits of criminal conduct. Money laundering impacts the economy in a negative manner. A sour reality is that hundreds of billions of dollars earned from criminal activities laundered through […]