Trade in an open-market system carries no taxes or tariffs. Trading activities' relevant interest rates are determined by the federal government and the Federal Reserve nonetheless. Pakistan's ...

Interventions by the Federal Reserve during the financial crisis of 2007-2009 were generally viewed as unprecedented and in violation of the rules—notably Bagehot’s rule—that a central bank should ...

Dollar to Pakistani Rupee currency exchange rate fluctuates almost on daily basis. US Dollar to Pakistan Rupee conversion is based on open market rates that are set by the dealers of currency exchange ...