PPP

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PPP

Purchasing Power Parity

The theory stating that, in an efficient market, the exchange rate of two currencies results in equal purchasing power. That is, if one pound is worth two dollars, one pound in England should buy the same amount in goods and services that two dollars can buy in the United States. Fixed exchange rates, taxes, and other inefficiencies are thought to disrupt purchasing power parity. Some theorists believe the idea holds most true when comparing countries or regions with similar standards of living.
References in periodicals archive ?
He said claimed that employment of the people of Pakistan is the identity of Pakistan People's Party.
The district and taluka bodies of Pakistan people's Party have arranged commemorative meetings to pay tributes to late Zulfikar Ali Bhutto.
Jehangir Badar was a central figure in PPP's leadership and he held positions of Provincial President of PPP, Punjab and General Secretary of Pakistan People's Party.
Last week, Interior Minister Chaudhary Nisar Ali Khan claimed that the air tickets of model Ayyan Ali and Pakistan People's Party (PPP) chairman Bilawal Bhutto Zardari are purchased from the same account.
Pasban-e-Aza has condemned Abidi's detention and said that Pakistan People's Party (PPP) is taking revenge from him over leaving the party.
KARACHI -- The law enforcement agencies (LEAs) arrested former Pakistan People's Party (PPP) senator Faisal Raza Abidi from Karachi's New Rizvia Society area on Saturday.
Meanwhile, Chairman Pakistan People's Party (PPP) Bilawal Bhutto Zardari chaired a high level party meeting over escape of former President Pervez Musharraf.
KARACHI -- The Chairman of Pakistan People's Party (PPP) Bilawal Bhutto Zardari Thursday hailed the performance of Sindh Assembly (PA) and its members and urged to make more efforts to ensure the basic facilities to people of the province on their door steps.
Earlier it was reported that ruling Pakistan Muslim LeagueNawaz (PMLN) and Pakistan People's Party (PPP) had decided not to contest byelections against Javed Hashmi in NA149.
ISLAMABAD -- Pakistan Peoples Party Senator and Former Interior Minister Rehman Malik on Monday said that Pakistan People's Party is standing by its resignation demand of the Prime Minister.
ISLAMABAD -- Opposition leader Syed Khurshid Shah said in a media conference on Sunday that Pakistan People's Party does not support the demand for vote recount.
ISLAMABAD -- Federal Minister for Information and Broadcasting Pervaiz Rashid said the complaint of Pakistan People's Party leader Makhdoom Amin Fahim is unjustified about invitation for APC.

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