Khanani & kalia international

Khanani and Kalia International (KKI) is a leading and trusted name in the business sector of Pakistan. Khanani and Kalia (KKI) being the pioneer of foreign currency business in Pakistan, nation as well as worldwide Khanani & Kalia International is a renowned name. Khanani & Kalia International is the first company which was awarded with the official license by State Bank of Pakistan to pursue as Money Changers. Now as per decision of State Bank of Pakistan, Khanani & Kalia International is among the early birds to receive the license of Exchange Business and hence, in 2003 it has been transformed as Exchange Company. It is an honor and pride for us that Khanani & Kalia International is the first ISO 9001 Certified Exchange Company in Pakistan. Its main and foremost objective is to facilitate and serve customers, with their best services throughout the country and at international levels as well. To fulfill the objectives, KKI has spread its network all over Pakistan. Khanani & Kalia International has its international correspondents over 22 countries in the world. Khanani & Kalia International facilitates people through the safest and securest means of transaction of money. We were and are playing our major role in increasing the Foreign exchange reserves, playing an effective role in combating against the money laundering along with the State Bank of Pakistan. One of the secrets of remarkable success that Khanani & Kalia International has earned in the last decade lies in excellent customer relations. The company has always strived hard to provide best quality of services and products to our customers and by the Grace of Allah we have succeeded in it, which is truly reflective by the customer base that Khanani & Kalia International holds today. Khanani & Kalia International believes IT is an innovative technique and a way to progress and prosperity and this is the reason KKI has a well established IT department. The use of IT leads to the new horizon of working, impacts the future growth and advancement of the organization, insures the maximum security of transaction and company provides the best possible services. KKI being innovative and unique in techniques of marketing, introduced the online services through its official websites; www.forexpk.com, www.kkionline.com. Forex mainly focuses at the market affairs and emphasize on the latest activities of money market and also other aspects of business, not only of Pakistan but the major markets of world as well. Forex is one of the most authentic source of currency market affairs and is among the pioneer of many online currency related services in Pakistan, like real time currency rates and currency rate archive, reviews and previews, Pakistan stock to world stock, local news to global news, online international currency trading facilities, analysis and a lot more. On the other hand, www.kkionline.com contains all the corporate information necessary for the visitors. This site has all the information about KKI and its products, thus enables the visitors to perfectly know about the company. KKI is unique not only for the IT system but also for appointing new and fresh blood as employees in the company. We believe in modernization and new horizons, this is the reason there is an access of younger generation in our organization. Young blood has a vision to touch the sky and with their ideas and collaboration KKI has been improving day by day and one day Inshallah we will touch the sky. Since KKI has been transformed to an international company, therefore, the management aims to adopt all the working procedures of the company systematically as per prevailing laws, SBP rules & regulations and present business environment. In this regard the Human Resource Department of KKI is actively performing and trying its best to get the proper systems implemented in all the departments of the organization.

Pakistani Dollar reserve rise

There is light at the end of the tunnel, and it is not an oncoming train.Pakistan's dollar reserves are climbing again and its currency stabilizing, after more than a year of monthly declines. The nation's foreign exchange reserves rose by $260 million to $10.21 billion in the week that ended on Jan. 24, according to the State Bank of Pakistan.This included $500 million Pakistan received from China to help build foreign reserves, said Syed Wasimuddin, chief spokesman for the Pakistan's central bankThis included $500 million Pakistan received from China to help build foreign reserves, said Syed Wasimuddin, chief spokesman for the Pakistan's central bank.Pakistan's foreign reserves hit a record high of $16.5 billion in October 2007 but fell to $6.6 billion in November, largely because of a soaring import bill. There has been a dramatic decline in the cost of imports such as oil during the last few months, spelling relief for Pakistan and other non-OPEC developing nations. The price of oil has dropped to about a quarter of what it was last summer.Pakistan signed a $7.6 billion loan agreement with the International Monetary Fund in November to stave off a balance of payments crisis. It received its first tranche of $3.1 billion that month. In its first assessment since November, IMF has expressed satisfaction with Pakistan's progress. “Initial developments under the program have been positive,” IMF spokesman David Hawley told a regular news briefing, according to Pakistan's Dawn newspaper. “The foreign exchange rate has appreciated somewhat and preliminary information suggests that end-December targets for net international reserves and net domestic assets at the State Bank of Pakistan were met,” he added.Pakistan's economy deteriorated sharply over the course of 2008, as inflation surged, and the current account deficits jumped on the back of rising oil and food prices, according to a World Bank report.The report titled ‘Global Economic Prospects 2009’ says political turmoil and ongoing security concerns have also taken a toll on Pakistan’s economy, while the global financial crisis added substantial downward pressures on its financial markets. The general deterioration in regional trade balances has been offset by large remittance inflows, which represent a sizable, and generally increasing share of GDP: during 2007, 14 per cent in Nepal, 8 per cent in Bangladesh and Sri Lanka, 4 per cent in Pakistan, and 3 per cent in India.Given strong underlying growth dynamics in South Asia, the negative feedback effects of the global financial crisis are expected to be temporary. A relatively rapid rebound is expected in 2010, with a projected revival of GDP growth to 7.2 per cent.“Investing in Pakistan is investing in future,” Prime Minister Gilani recently told leading businessmen in Dav, Switzerland, on the sidelines of the World Economic Forum. Gilani said Pakistan’s sound fundamentals offered the investors an opportunity to explore the country’s economic potential in diverse fields. He emphasized the need for more foreign investment coming into Pakistan and benefit from its investor-friendly economic policies. He said Pakistan’s liberal economic regime with zero import duty on raw material provided equal opportunities for the local and foreign businessmen. He said Pakistan was confronting a number of challenges including economic crisis, however the democratic government was determined to improve the situation.“Despite all the challenges, economy continues to be buoyant and vibrant in Pakistan,” the Prime Minister said, adding the country’s mineral and work-force resources had the great potential to be fully tapped.

Major markets

The US & UK account for more than 50% of turnover
Major markets: London, New York, Tokyo
Trading activity is heaviest when major markets overlap
Nearly two-thirds of NY activity occurs in the morning hours while European markets are open 4 4. NY Federal Reserve
Average Daily Turnover by Country

What is the Difference Between Forex and Stock?

The Forex market has a lot of advantages compare to stock market:
A Forex trader could make profit through the market no matter if it is bearish and bullish which is different from the capital market, Forex has no strict regulation in speculation, no matter whether it is a long-term or a short-term transaction there is still a hidden profit, moreover, Forex market is a double-transaction market which means Forex traders could make profit through both upward and downward trend.
Forex traders could obtain a much larger transaction compared to the stock market, through the Forex trading, Forex traders could obtain 100 times larger transaction compared to the stock market. According to the present US situation, if a Forex trader invests $1,000 in the stock market, the trader may obtain $2,000 of stock domination property with a proportion of 2:1, but through Forex trading, a Forex trader can do transaction with a proportion up to 100:1.
Forex trader may make profit from the ordinary news, like the interest rate change, Forex market is closely related to various countries' politic, economy and culture, Forex traders could also obtain profit from other kinds of news, for example interest rate level change, will influence the interest of the Forex deposit.
Forex traders could do 24 hours trading. The stock market can only be traded during daytime at a specific time, generally from 9:30a.m. to 4:00p.m.. If you too have your own full time job, then you will face the dilemma - either to give up your full time job or forgo the trading opportunity. But Forex market can be traded 5 days a week and 24 hours a day, Forex traders can trade during their free time which is normally at night after working hour.
If a trader analyze based on technical analysis, Forex trading would be much more suitable for such traders because the Forex market has a very large trading volume. Currently the Forex market has daily trading volume of 190 billion Dollar, such giant market will completely digest a fore trader's transaction cash, under such situation the accuracy of the technical analysis would be much higher then any financial market, the chances of using technical analysis to make profit would be much more higher.
In the stock market there are hundred and thousand kinds of stocks, then choosing stock will be a very difficult matter. But in the Forex market, the currency combination is extremely limited, this may enable Forex traders to concentrate on these currencies combination, and could follow the trend quickly.

Where do you start if you want to learn currency trading?

Well a good starting point is to look at just what Forex trading is and who the players in this market are. We should also think about just why you should be learning online Forex trading and thinking about starting you own online ForeThe Forex market (which is sometimes referred to as the FX market and for which the full title is The Foreign Exchange Market) was established as we know it today in 1971 following the demise of fixed currency exchanges. Forex currency trading is conducted around the clock, 5 days a week, and daily currency trades are worth in the region of $1.9 trillion US dollars. This means that the Forex the largest market in the world and puts the major stock markets very firmly into second place.
A world-wide market established to facilitate the buying and selling of currency, the Forex market involves large organizations, such as central governments, commercial companies and international commercial banks as well as smaller players such as brokerage houses and individual brokers.
There is no set location for the market (although there are major trading centers around the world in a number of cities such as London, Frankfurt, New York and Tokyo) but it is essentially an 'over-the-counter' market with the vast majority of trading being conducted by telephone and on the internet.x trading business

The Cash Foreign Exchange Market

The Forex market is a cash inter-bank or inter-dealer market established in 1971 when floating exchange rates began to materialize. The simplest definition of foreign exchange is the changing of one currency to another. In comparison to the daily trading volume averages of $300 billion in the U.S. Treasury Bond market and the less than $10 billion exchanged in the U.S. stock markets, the Forex market is huge; in September 1992 The Wall Street Journal estimated the trading volume at $1 trillion per day. Today, it is believed to have grown in excess of $1.5 trillion per day.
The most important foreign exchange activity is the spot business between the dollar and the four major currencies (British Pound, Eurodollar, Swiss Franc, and Japanese Yen). Participants in the market consist of five main groups: central banks, commercial banks, other financial institutions, corporate customers, and brokers.

FOREX Is Tough But Potential Money-Making Opportunity

Trading foreign currencies is a tough task; however, it is potentially a money-making opportunity for those who are educated and are knowledgeable about their investments.
Nevertheless, prior to choosing to participate in trading in the Forex market, you should:

•Cautiously judge the purpose of investment
•Your familiarity with risk factors

Forex is meant for the money you put aside and are prepared to loose. It might not be a wise idea to Forex trade to pay your regular bills.
Forex (Foreign Exchange market) is an inter-bank market that got a form in 1971; this was the period when the international trade transited from fixed exchange rates to floating rates. This transition paved way for the set of transactions between forex market brokers relating to the exchange of specific sums of money in a currency unit for the currency of some other country at an approved rate for any specified date.
During any trade day, the exchange rate of one currency to another currency is decided basically by supply and demand – to which both parties will be in agreement. The price of a currency is mentioned in terms of one more currency.
he possibility of transactions in the international currency market is frequently increasing, which is due to growth of global trade and eradication of currency limits in many countries.
Online Forex is the one of the most innovative forex trading method of Foreign Exchange trading over the Internet. You can start trading with a basic account. Beware of margin trading because unless you are a careful market watcher trading with borrowed money can be risky.
The online forex trading method gives fast implementation of foreign exchange (Forex) trading through the Internet, with cutting edge software and well-organized trustworthy service guarantying an excellent trading experience