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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.
This is a list of tables showing the historical timeline of the exchange rate for the Indian rupee (INR) against the special drawing rights unit (SDR), United States dollar (USD), pound sterling (GBP), Deutsche mark (DM), euro (EUR) and Japanese yen (JPY). The rupee was worth one shilling and sixpence in sterling in 1947.
PKR 10: Muhammad Ali Jinnah: Entrance to the Khyber Pass, Khyber Agency, FATA. PKR 20: Muhammad Ali Jinnah: Mohenjo-daro near Larkana: PKR 50: Muhammad Ali Jinnah: Karakoram 2 (K2) mountain in Gilgit Baltistan: PKR 100: Muhammad Ali Jinnah: Quaid-e-Azam's Residency in Ziarat: PKR 500: Muhammad Ali Jinnah: Badshahi Mosque in Lahore: PKR 1000 ...
The real exchange rate (RER) is the purchasing power of a currency relative to another at current exchange rates and prices. It is the ratio of the number of units of a given country's currency necessary to buy a market basket of goods in the other country, after acquiring the other country's currency in the foreign exchange market, to the ...
The Indian rupee was the official currency of Dubai and Qatar until 1959, when India created a new Gulf rupee (also known as the "external rupee") to hinder the smuggling of gold. [16] The Gulf rupee was legal tender until 1966, when India significantly devalued the Indian rupee and a new Qatar-Dubai riyal was established to provide economic ...
After arriving in Denver to search, he fell in love with the first apartment he saw, a one-bedroom in a new building in the trendy River North Arts District.
President Trump and Mexico President Claudia Sheinbaum announced Monday that they had agreed a one-month pause on the imposition of a 25% across-the-board tariff by the US in exchange for ...
An airline ticket showing the price with ISO 4217 code "EUR" (bottom left) and not with euro currency sign " € "ISO 4217 is a standard published by the International Organization for Standardization (ISO) that defines alpha codes and numeric codes for the representation of currencies and provides information about the relationships between individual currencies and their minor units.
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