Misc Archives - The Bankers Blog

Registrations for JAIBP Summer Session are now open... The Institute of Bankers Pakistan (IBP) offers various certifications divided into 3 broad stages. Overall, you have to clear 12 courses, including a specialized one in the 3rd stage. You should opt for a specialized subject pertinent to your field. Moreover, different exemptions are also available depending upon your previous qualifications, for e.g. BBA, MBA can claim up to 2 courses exemption. Not to mention that various banks provide reimbursement in the form of bonuses or fee discounts to their employees. Of course, you have to pass the exam for that! For The First Time Candidates: First of all, you make an account, fill, and submit the registration form. Then, fill and submit the form for JAIBP selecting all 4 courses of th...

The Fluctuations in Foreign Currency: While there are many reasons for relative currency values, fluctuations. Some of the common ones are identified. It depends upon various factors that which currency rate is beneficial for the country. Interestingly, if the currency's relative value is low, it does mean that that country is poor or undeveloped. Take the example of South Korea! 1: Printing Money: It is one of the most known causes of currency devaluation. The reasoning behind this is the basic principle of Economics. That is supply and demand. For instance, when there are two products in a hypothetical market and the total available cash is Rs.1000. Hence, each product will cause Rs 500/- each. Now if govt. prints more money and total cash increases to Rs1500, now each commodity will ...