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The rupee was pegged to British Pound until 1982 when the government of General Zia-ul-Haq changed to a managed float. As a result, the rupee devalued by 38.5% between 1982–83 and 1987–88 and the cost of importing raw materials increased rapidly, causing pressure on Pakistani finances and damaging much of the industrial base.
Foreign direct investment (FDI) and portfolio investments can significantly impact reserves. The Reserve Bank of India may intervene in the foreign exchange market to stabilize the Indian rupee, influencing reserves. Fluctuations in commodity prices, interest rates, and international trade dynamics can affect reserves.
Rupee. Afghan rupee – Afghanistan; Bhutanese rupee – Bhutan; Burmese rupee – Burma; Danish Indian rupee – Danish India; East African rupee – Kenya, Somalia, Tanzania and Uganda; French Indian rupee – French India; Gulf rupee – Bahrain, Kuwait, Oman, Qatar and United Arab Empirates; Hyderabad rupee – Hyderabad; Indian rupee ...
Present currency ISO 4217 code Country or dependency (administrating country) Currency symbol Algerian dinar: DZD Algeria دج (Arabic) or DA (Latin) Bahraini dinar [1]: BHD ...
Consensus Economics’ catalogue of publications covers 115 countries, which appear in the following regions: the G-7 nations, the Euro zone, Western Europe, Middle East, Central Asia, Africa, the Nordic countries, Asia Pacific, Latin America and Eastern Europe.
Here's the prediction. (Taylar Sievert/Yahoo Sports) Oregon is the nation's most complete team and Dillon Gabriel may be the best quarterback in the College Football Playoff.
Artificial intelligence (AI)-networking solutions provider Broadcom became Wall Street's newest trillion-dollar stock last week -- and there's a logical company that can follow in its footsteps.
A collection of 2024 holiday catalogs are displayed Monday, Nov. 25, 2024, in Freeport, Maine. Catalog retailers, reeling from U.S. postal rate increases, have responded with pint-sized catalogs ...