Currency today is not just a medium of exchange or store of value but it affects the fate of nations, oversees. Suppose you own few shares of a firm. Indeed you have ownership in that company, on papers, which will be diluted when the company decides to increase the number of shares. Same goes with [...]
As I sit writing these lines in New York, on this October day, fall weather is upon us. The view outside my window is a curious mixture of an early (native) “Indian Summer”, as well as autumn. Much of the shrubbery in my backyard nature preserve has already turned red, with some shades of green [...]
Due to the baseless rumors that the banks are going bankrupt and they are about to clamp down on the lockers of the people and will freeze the accounts for an unspecific period of time has created a panic and many a people have withdrawn their money and valuables from the banks and have put [...]
Holding elections for a poor (apparently rich) country like Pakistan is a big ask, in terms of administrative measure, economic burden, rising issues of political parties, international pressures and terrorism etc. Here the terrorism does not means in American terms, basically the dealing between politicians and the prospect killing of politicians.
State Bank of Pakistan has [...]
Last year, when the government introduced new design of currency notes it claimed that these notes were of improved design and it was impossible to make a counterfeit note of the same design.
A number of people made the hullabaloo over the identical size, colour and design of Rs.20 and Rs.5000 note. Reportedly, many [...]
