November 23, 2007	Friday	Ziqa’ad 12, 1428

KARACHI, Nov 22: Global Finance New York, one of the leading financial journals, has selected National Bank of Pakistan (NBP) as the best foreign exchange provider in Pakistan and declared the bank as the ‘World’s Best Foreign Exchange Bank - 2008.

Joseph D. Giarraputo, publisher and president of Global Finance, has said that the global foreign exchange market will continue to evolve in response to economic, political and technological forces.

The average daily turnover has surpassed $3 billion in this fast growing market.

Giarraputo said they identified the banks that large global companies could rely on for their foreign exchange needs.