Importance of Stop Loss in Trading

an Open Market Rates in Pak Rupee
Top Currencies exchange rate in PKR
Currency Symbol Units per USD USD per Unit
Australian Dollar AUD 91.75 92
Canad

China Yuan CNY 15.8 15.95
Japanese Yen JPY 0.97 0.98
New Zealand $ NZD 85.25 85.5
Saudi Riyal SAR 26.25 26.5
UAE Dirham AED 26.8 27.05
Singapore Dollar SGD 79.1 79.35
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ian Dollar CAD 92.6 92.85 Market Rates




International Forex Rates in US Dollar
Top Currencies exchange rates in USD
Currency Symbol Units per USD USD per Unit
Pakistan Rupee PKR 98.82 0.010119

Euro EUR 0.735159 1.36025
UK Pound Sterling GBP 0.583873 1.712701
Japanese Yen JPY 101.84 0.009819
Canadian Dollar CAD 1.06885 0.935585
Australian Dollar AUD 1.06499 0.938976

Saudi Arabian Riyal SAR 3.7506 0.266624
US Dollar USD 1 1
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Silver & Gold Rates
Invest in gold bullion to protect your investment from inflation. For collecting gold bullion coins or investment in other precious metal, you must be aware of daily updated gold prices, silver & platinum bullion rates. We provide rates in 10g, 1 Tola, Ounc for all major cities of Pakistan including Karachi, Lahore, Islamabad Hyderabad, Multan etc.
Forex Charts

Investors can visualize forex chart data to forcast forex exchange rate. Forex chart represent exchange rate fluctuations. Many variables affect currency exchange rates, such as interest rates, bank policies, geopolitics, and even the day timings may affect exchange rates.
Forex Brokers for Trading
Selection of best forex broker for successful in forex trading business is very important. Our Forex Broker Directroy helps you to choose best forex brokerage firms for forex trading in Pakistan or internationally.
Khanani & Kalia International, Dollar East Exchange Company, Zarco Exchange Company

Prize Bonds Results
Prize bonds are issued by the government of Pakistan to save your money. Prize bonds are similar to cash because you can buy a prize bond from any bank and sell it to anyone. Government holds draws to give cash prizes to the lucky winners. Prize bonds value are 200, 750, 1500, 7500, 15000 and 40000 Rs.
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Foreign exchange
Exchange rates
Currency band Exchange rate Exchange-rate regime Exchange-rate flexibility Dollarization Fixed exchange rate Floating exchange rate Linked exchange rate Managed float regime
Markets
Foreign exchange market Futures exchange Retail foreign exchange

Assets
Currency Currency future Currency forward Non-deliverable forward Foreign exchange swap Currency swap Foreign-exchange option
Historical agreements
Bretton Woods Conference Smithsonian Agreement Plaza Accord Louvre Accord
See also
Bureau de change Hard currency
v t e
The foreign exchange market (forex, FX, or currency market) is a global decentralized market for the trading of currencies. The main participants in this market are the larger international banks. Financial centers around the world function as anchors of trading between a wide range of multiple types of buyers and sellers around the clock, with the exception of weekends. The foreign exchange market determines the relative values of different currencies.[1]

The foreign exchange market works through financial institutions, and it operates on several levels. Behind the scenes banks t

urn to a smaller number of financial firms known as “dealers,” who are actively involved in large quantities of foreign exchange trading. Most foreign exchange dealers are banks, so this behind-the-scenes market is sometimes called the “interbank market”, although a few insurance companies and other kinds of financial firms are involved. Trades between foreign exchange dealers can be very large, involving hundreds of millions of dollars.[citation needed] Because of the sovereignty issue when involving two currencies, Forex has little (if any) supervisory entity regulating its actions.

The foreign exchange market assists international trade and investments by enabling currency conversion. For example, it permits a business in the United States to import goods from the European Union member states, especially Eurozone members, and pay euros, even though its income is in United States dollars. It also supports direct speculation and evaluation relative to the value of currencies, and the carry trade, speculation based on the interest rate differential between two currencies.[2]

In a typical foreign exchange transaction, a party purchases some quantity of one currency by paying for some quantity of another currency. The modern foreign exchange market began forming during the 1970s after three decades of government restrictions on foreign exchange transactions (the Bretton Woods system of monetary management established the rules for commercial and financial relations among the world's major industrial states after World War II), when countries gradually switched to floating exchange rates from the previous exchange rate regime, which remained fixed as per the Bretton Woods system.

The foreign exchange market is unique because of the following characteristics:

ts huge trading volume representing the largest asset class in the world leading to high liquidity;
its geographical dispersion;
its continuous operation: 24 hours a day except weekends, i.e., trading from 22:00 GMT on Sunday (Sydney) until 22:00 GMT Friday (New York);
the variety of factors that affect exchange rates;
the low margins of relative profit compared with other markets of fixed income; and
the use of leverage to enhance profit and loss margins and with respect to account size.

As such, it has been referred to as the market closest to the ideal of perfect competition, notwithstanding currency intervention by central banks.

According to the Bank for International Settlements,[3] the preliminary global results from the 2013 Triennial Central Bank Survey of Foreign Exchange and OTC Derivatives Markets Activity show that trading in foreign exchange markets averaged $5.3 trillion per day in April 2013. This is up from $4.0 trillion in April 2010 and $3.3 trillion in April 2007. Foreign exchange swaps were the most actively traded instruments in April 2013, at $2.2 trillion per day, followed by spot trading at $2.0 trillion.

According to the Bank for International Settlements,[4] as of April 2010, average daily turnover in global foreign exchange markets is estimated at $3.98 trillion, a growth of approximately 20% over the $3.21 trillion daily volume as of April 2007. Some firms specializing on foreign exchange market had put the average daily turnover in excess of US$4 trillion.[5]

i
The $3.98 trillion break-down is as follows:

$1.490 trillion in spot transactions
$475 billion in outright forwards
$1.765 trillion in foreign exchange swaps

$43 billion currency swaps
$207 billion in options and other products
Contents [hide]
1 History
1.1 Ancient
1.2 Medieval and later
1.3 Early modern