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The Gwadar Purchase (Urdu: گوادر کا حصول, lit. 'Acquisition of Gwadar') was the acquisition of the territory of Gwadar by Pakistan from the Sultanate of Oman in 1958. Pakistan was able to acquire 15,210 square kilometres (5,870 sq mi) of land on the coast of Balochistan for around 5.5 billion Pakistani rupee (or 2 billion US dollars ...
Gwadar. Gwadar (Urdu: گوادر, Urdu pronunciation: [gəʋɑːd̪əɾ]) is a port city on the southwestern coast of the Pakistani province of Balochistan. The city is located on the shores of the Arabian Sea, opposite Oman and has a population of over 90,000, according to the 2017 census. It was an overseas possession of Oman from 1783 to ...
Gwadar Port is situated on the shores of the Arabian Sea in the city of Gwadar, located in the Pakistani province of Balochistan. The port is located 533 km from Pakistan's largest city, Karachi, and is approximately 120 km from the Iranian border. It is located 380 km (240 mi) away from Oman, and near key oil shipping lanes from the Persian Gulf.
On 7 May 1970 [6][7] the Saidi rial (named after the House of Al Said, not to be confused with Saudi riyal) was introduced as the currency of Oman to replace the Gulf rupee. It was equal to the British pound sterling and 1 Saidi rial = 21 Gulf rupees. The Saidi rial was subdivided into 1000 baisa.
Paisa (also transliterated as pice, pesa, poysha, poisha and baisa) is a monetary unit in several countries. The word is also a generalised idiom for money and wealth. In India, Nepal, and Pakistan, the paisa currently equals 1⁄100 of a rupee. In Bangladesh, the poysha equals 1⁄100 of a Bangladeshi taka. In Oman, the baisa equals 1⁄1000 ...
Indonesian rupiah: East Timor. Rupee is the common name for the currencies of India, Mauritius, Nepal, Pakistan, Seychelles, and Sri Lanka, and of former currencies of Afghanistan, Bahrain, Kuwait, Oman, the United Arab Emirates (as the Gulf rupee), British East Africa, Burma, German East Africa (as Rupie/Rupien), and Tibet.
The Gulf Rupee, also known as the Persian Gulf Rupee (PGR), was introduced by the Indian government as a replacement for the Indian Rupee for circulation exclusively outside the country with the Reserve Bank of India Amendment Act, 1 May 1959. After India devalued the rupee in June 1966, those countries still using it – Oman, Qatar and what ...
Pakistan Mint. Valuation. Inflation. 11.8% (May 2024) The Pakistani rupee (ISO code: PKR) is the official currency in the Islamic Republic of Pakistan. The issuance of the currency is controlled by the State Bank of Pakistan. It was officially adopted by the Government of Pakistan in 1949.