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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]
BlackRock, Inc. is an American multinational investment company.Founded in 1988, initially as an enterprise risk management and fixed income institutional asset manager, BlackRock is the world's largest asset manager, with US$10 trillion in assets under management as of December 31, 2023. [1]
The Nixon shock was the effect of a series of economic measures, including wage and price freezes, surcharges on imports, and the unilateral cancellation of the direct international convertibility of the United States dollar to gold, taken by United States President Richard Nixon on 15th August 1971 in response to increasing inflation.
BRICS is an intergovernmental organization comprising Brazil, Russia, India, China, South Africa, Iran, Egypt, Ethiopia, and the United Arab Emirates.Originally identified to highlight investment opportunities, [1] the grouping evolved into an actual geopolitical bloc, with their governments meeting annually at formal summits and coordinating multilateral policies since 2009.
A Dassault Rafale flying at Aero India 2017. The Rafale deal controversy is a political controversy in India related to the purchase of 36 Rafale multirole fighter aircraft for a price estimated at €7.87 billion (₹58,891 Crore) by the Defence Ministry of India from France's Dassault Aviation.
Warren Edward Buffett (/ ˈ b ʌ f ɪ t / BUF-it; born August 30, 1930) [2] is an American businessman, investor, and philanthropist who currently serves as the chairman and CEO of Berkshire Hathaway.
Alphabet Inc. is an American multinational technology conglomerate holding company headquartered in Mountain View, California.Alphabet is the world's second-largest technology company by revenue and one of the world's most valuable companies.
Titanic is a 1997 American epic romantic disaster film directed, written, co-produced and co-edited by James Cameron.Incorporating both historical and fictionalized aspects, it is based on accounts of the sinking of RMS Titanic in 1912.
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