Historical chart of Pakistan rupee exchange rate vs. US dollar

Following is the chart of rupee exchange rates against US dollar. It is interesting to see that between 2001 and 2007, the exchange rate remained almost the same but with the start of rise in oil prices and lawyers movement in Pakistan, the rupee totally collapsed.   In my personnel opinion, …

Urge to hold gold is global

SARAH MARSH AND JAN HARVEY ARTICLE (April 01 2009): In the heart of Vienna in a Biedermeier building commissioned by Emperor Franz I, a man wearing a khaki uniform and beret exchanges a wad of euro notes across the counter for a few sparkling gold coins. Guenther Fuchssteiner, 59, is …