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Wednesday, August 19, 2009

Bird Watching in Pakistan


The Chukar (Alectoris chukar) is a Eurasian upland game bird in the pheasant family Phasianidae of the order Galliformes, gallinaceous birds. Its native range in Asia from Pakistan and Kashmir, India and Afghanistan. It is closely related and similar to its western equivalent, the Red-legged Partridge, Alectoris rufa. The Chukar is a rotund 32-35 cm long bird, with a light brown back, grey breast, and buff belly. The face is white with a black gorget. It has rufous-streaked flanks and red legs. When disturbed, it prefers to run rather than fly, but if necessary it flies a short distance on rounded wings. Chukar prefer rocky, steep, and open hillsides. The Chukar is a resident breeder in dry, open, and often hilly country. In the wild, Chukar travel in groups of 5-40 birds called coveys. It nests in a scantily lined ground scrape laying 8 to 20 eggs. Chukars will take a wide variety of seeds and some insects as food. When in captivity, they will lay 1 egg per day throughout the breeding season if the eggs are collected daily. For hunters, Chakur is a very challneging bird becuase of its surgical upward flights and sudden disappearances in the bushes.

Western Tragopan pheasant - Pallas's Fish-eagle - Greater Spotted Eagle

Pakistan, due to its diverse weather and varied land is home to some of the rare and exclusive birds in the world. Its wetlands and lakes attract millions of migratory birds from across the globe, specially Siberia each year, which besides its own native birds in their natural habitat in the jungles and mountains, provide an excellent opportunity to the bird watchers around the world. Western Tragopan pheasant (Tragopan melanocephalus) is one of the rare species that exists in the northerly mountains and the Macharia National Park, where it is being bred and chances are that this beautiful bird will be able to be saved of its near extinction in Pakistan.

Some of the bird sanctuaries and wild life habitats in Pakistan are as under:-

  • Ayubia National Park: This park provides refuge to the elusive leopard and the black bear along with excellent birding.

  • Chitral Gol National Park: The park is the home of the elusive snow leopard and some interesting birds.

  • Deosai National Park: Birds in the park include Golden eagle, Lammagier Vulture, Griffon Vulture, Laggar falcon, Peregrine Falcon, Kestrel, Indian Sparrow Hawk and Snow cock.

  • Drigh Lake: The lake is an important breeding and wintering area for a wide variety of water birds.

Lammagier Vulture - Griffon Vulture - Laggar falcon - Kestrel

  • Haleji Lake: Asia's greatest water fowl reserve, Haleji Lake is 70 km (about 52 miles) from Karachi. During winter, a hundred thousand birds fly down to Haleji from the cold of Siberia. It is a bird watchers' paradise. Between Bhanbhore and Thatta, if you turn into the countrylane by the 82km (51/1 mile-furlong stone) a 6-km long drive will bring you to the largest bird sanctuary of the country, Haleji Lake. During the winter, migatory birds come to this lake in very large numbers to the great delight of the bird watchers. You can drive along the 16 km. (10 miles) track around the lake for photography or bird watching.

  • Hazar Ganji Chiltan National Park: In the folds of these mountains, many species of birds make their homes.

  • Hingol National Park: Dalmatian Pelican (Pelecanus crispus)

  • Indus Dolphin Reserve and Kandhkot Wetland: The vast Indus Basin wetland include Common Teal (Anas crecca), Marbled Teal (Marmaronetta angustirostris), Great Egret (Casmerodius albus),Dalmatian Pelican (Pelecanus crispus), Little Cormorant (Phalacrocorax niger), Pallas's Fish-eagle (Haliaeetus leucoryphus), Greater Spotted Eagle (Aquila clanga), Imperial Eagle (Aquila heliaca), Black-tailed Godwit (Limosa limosa), Spotted Redshank (Tringa erythropus), Little Stint (Calidris minuta), Small Pratincole (Glareola lactea), River Tern (Sterna aurantia), Indian Skimmer (Rynchops albicollis), Pale-backed Pigeon (Columba eversmanni).

Black-tailed Godwit - Dalmatian Pelican - Mallard - Northern-Shoveler

  • Kinjhar (Kalri) Lake: The largest freshwater lake in Pakistan with extensive reedbeds.

  • Kirthar National Park: The park is home to some rare species of mammals as well as a great variety of birds.

  • Keti Bundar North Wildlife Sanctuary: Marbled Teal (Marmaronetta angustirostris), Dalmatian Pelican (Pelecanus crispus), Greater Spotted Eagle (Aquila clanga), Imperial Eagle (Aquila heliaca), Indian Skimmer (Rynchops albicollis)

  • Khabbaki Lake: The lake is important as a staging and wintering area for a wide variety of water birds.

  • Kheshki Reservoir: A small storage reservoir, originally created to supply local villages with water, now popular with birds.

  • Khunjerab National Park: Watch for birds as the hills move back from the road, the valley opens out and the river dwindles to a tiny mountain stream with the odd tuft of grass, willow or birch along its banks

  • Kandar Dam: A tiny water storage reservoir (at maximum capacity its area is only 47ha) set in stony hills to the west of the Indus river.

  • Lal Suhanra National Park: The park is actually a wildlife sanctuary and features watch towers and tourist huts. Mallard (Anas platyrhynchos), Northern Shoveler (Anas clypeata), Pallas's Fish-eagle (Haliaeetus leucoryphus), Greater Spotted Eagle (Aquila clanga) and Imperial Eagle (Aquila heliaca) are some of the birds that can be seen here.

Imperial Eagle - Indian Skimmer - Common Coot

  • Machiara National Park: Located in the Azad kashmir, this park of special significance since here rare breeds of pheasants, specially the Western Tragopan pheasant (Tragopan melanocephalus) is bred and efforts are at hand to save this beautiful bird from extinction.

  • Malugul Dhand: A shallow, brackish lake formed by seasonal flooding of a "dead arm" of the Kurram river.

  • Mangla Lake: Mallard (Anas platyrhynchos), Common Teal (Anas crecca), Marbled Teal (Marmaronetta angustirostris), Common Pochard (Aythya ferina) and Tufted Duck (Aythya fuligula) are some of the birds that flock the vast blue waters of Mangla Dam Lake.

  • Marala Game Reserve: Mallard (Anas platyrhynchos) and Common Teal (Anas crecca) can be seen here.

  • Margalla Hills National Park: Park provides an excellent opportunity for bird watching.

  • Naran Reserve Forest to Saif-ul-Maluk Lake: The clear blue water of the lake, surrounded by snoa covered "Malka Parbat" mountain attract White-cheeked Tit (Aegithalos leucogenys), Brooks's Leaf-warbler (Phylloscopus subviridis), Spectacled Finch (Callacanthis burtoni) and Orange Bullfinch (Pyrrhula aurantiaca) each year. Nothing could be more awe inspiring than watching birds at 12,000 feet.

Brooks's Leaf-warbler - Spectacled Finch - Ruddy Shelduck

  • Palas Valley: The temperate forest in this high valley supports around 325 pairs of the very rare and beautiful Western Tragopan, along with a number of other west Himalayan specialties.

  • Rann of Kutch Wildlife Sanctuary: The endless marshes of Rann of Kutch on the border of India and Sind Province of Pakistan are home to Ruddy Shelduck (Tadorna ferruginea), Common Shelduck (Tadorna tadorna), Eurasian Wigeon (Anas penelope), Northern Shoveler (Anas clypeata), Northern Pintail (Anas acuta), Common Teal (Anas crecca), Greater Flamingo (Phoenicopterus roseus), Indian Vulture (Gyps indicus), Sarus Crane (Grus antigone), Common Crane (Grus grus), Pied Avocet (Recurvirostra avosetta), Kentish Plover (Charadrius alexandrinus), Little Stint (Calidris minuta) and Ruff (Philomachus pugnax).

  • Rasool Barrage Wildlife Sanctuary: Northern Pintail (Anas acuta), Common Teal (Anas crecca), Common Pochard (Aythya ferina) and Common Coot (Fulica atra) can be watched from the sanctuary, besides resting on the bank of River Chenab and watching the Rasool Barrage.

Northern Pintail - Sarus Crane - Greater Flamingo -Eurasian Wigeon

  • Tanda Dam: The site is of national importance as a wintering and staging area for a wide variety of water birds.

  • Thanedar Wala: Most of the area consists of a complex of braided river channels and sandy or muddy islands.

  • Ucchali Wetland Complex: Located in the Salt Ranges, the Ucchali Wetland is home to a number of migratory birds like Marbled Teal (Marmaronetta angustirostris), White-headed Duck (Oxyura leucocephala), Eurasian Spoonbill (Platalea leucorodia), Dalmatian Pelican (Pelecanus crispus), Pallas's Fish-eagle (Haliaeetus leucoryphus), White-rumped Vulture (Gyps bengalensis), Imperial Eagle (Aquila heliaca) and Common Coot (Fulica atra).

What is Forex?


FOREX - the foreign exchange market or currency market or Forex is the market where one currency is traded for another. It is one of the largest markets in the world.

Some of the participants in this market are simply seeking to exchange a foreign currency for their own, like multinational corporations which must pay wages and other expenses in different nations than they sell products in. However, a large part of the market is made up of currency traders, who speculate on movements in exchange rates, much like others would speculate on movements of stock prices. Currency traders try to take advantage of even small fluctuations in exchange rates.

In the foreign exchange market there is little or no 'inside information'. Exchange rate fluctuations are usually caused by actual monetary flows as well as anticipations on global macroeconomic conditions. Significant news is released publicly so, at least in theory, everyone in the world receives the same news at the same time.

Currencies are traded against one another. Each pair of currencies thus constitutes an individual product and is traditionally noted XXX/YYY, where YYY is the ISO 4217 international three-letter code of the currency into which the price of one unit of XXX currency is expressed. For instance, EUR/USD is the price of the euro expressed in US dollars, as in 1 euro = 1.2045 dollar.

Unlike stocks and futures exchange, foreign exchange is indeed an interbank, over-the-counter (OTC) market which means there is no single universal exchange for specific currency pair. The foreign exchange market operates 24 hours per day throughout the week between individuals with forex brokers, brokers with banks, and banks with banks. If the European session is ended the Asian session or US session will start, so all world currencies can be continually in trade. Traders can react to news when it breaks, rather than waiting for the market to open, as is the case with most other markets.

Average daily international foreign exchange trading volume was $1.9 trillion in April 2004 according to the BIS study.

Like any market there is a bid/offer spread (difference between buying price and selling price). On major currency crosses, the difference between the price at which a market maker will sell ("ask", or "offer") to a wholesale customer and the price at which the same market-maker will buy ("bid") from the same wholesale customer is minimal, usually only 1 or 2 pips. In the EUR/USD price of 1.4238 a pip would be the '8' at the end. So the bid/ask quote of EUR/USD might be 1.4238/1.4239.

This, of course, does not apply to retail customers. Most individual currency speculators will trade using a broker which will typically have a spread marked up to say 3-20 pips (so in our example 1.4237/1.4239 or 1.423/1.425). The broker will give their clients often huge amounts of margin, thereby facilitating clients spending more money on the bid/ask spread. The brokers are not regulated by the U.S. Securities and Exchange Commission (since they do not sell securities), so they are not bound by the same margin limits as stock brokerages. They do not typically charge margin interest, however since currency trades must be settled in 2 days, they will "resettle" open positions (again collecting the bid/ask spread).

Individual currency speculators can work during the day and trade in the evenings, taking advantage of the market's 24 hours long trading day.