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The Pakistani rupee depreciated against the US dollar until around the start of the 21st century, when Pakistan's large current-account surplus pushed the value of the rupee up versus the dollar. Pakistan's central bank then stabilized by lowering interest rates and buying dollars, in order to preserve the country's export competitiveness.
Pakistan, [e] officially the Islamic Republic of Pakistan, [f] is a country in South Asia. It is the fifth-most populous country, with a population of over 241.5 million, [c] having the second-largest Muslim population as of 2023. Islamabad is the nation's capital, while Karachi is its largest city and financial centre.
Rs. 494.4 million (US$1.7 million) 2015 Urdu Nadeem Baig: Six Sigma Plus ARY Films [12] 7 5 Parwaaz Hai Junoon: Rs. 432 million (US$1.5 million) 2018 Urdu Haseeb Hassan: Momina & Duraid Films Hum Films [13] 8 7 Quaid-e-Azam Zindabad: Rs. 420.5 million (US$1.5 million) 2022 Urdu Nabeel Qureshi: Filmwala Pictures [14] 9 11 The Donkey King: Rs.
As a result of losses, the Pakistani government began subsidising Orient's operations through a 1952 contract for the purchase of three Lockheed L-1049 Super Constellations registered to the government's newly established subsidiary, Pakistan International Airlines (PIA), at the cost of 25 million rupees. [21]
The market convention is to quote most exchange rates against the USD with the US dollar as the base currency (e.g. USDJPY, USDCAD, USDCHF). The exceptions are the British pound (GBP), Australian dollar (AUD), the New Zealand dollar (NZD) and the euro (EUR) where the USD is the counter currency (e.g. GBPUSD, AUDUSD, NZDUSD, EURUSD).
General minimum wage by territory, as of February 2023. This is a list of the official minimum wage rates of the 193 United Nations member states and former members of the United Nations, also including the following territories and states with limited recognition (Northern Cyprus, Kosovo, etc.) and other independent countries.
In late January, Pakistan lifted the artificial cap on its currency, causing the rupee to plunge 20% against the dollar in a few days. The government raised fuel prices by 16%. And the Pakistani central bank raised its interest rate by 100 basis points to battle the country's highest inflation in decades, expected to be as high as 26% in ...
According to the FBR, in 2021, the number of registered tax filers had grown to 7.1 million, out of whom only 2.5 million were active tax filers. [18]. In the 2023 Active Taxpayers List, the FBR recorded 3.35 million taxpayers (filing returns or settling fees by February 29, 2024), down from 5.73 million in 2022, amid ongoing tax collection and ...