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The State Bank of Pakistan then stabilized the exchange rate by lowering interest rates and buying dollars, to preserve the country's export competitiveness. 2008 was termed a disastrous year for the rupee after the elections: between December 2007 and August 2008, it lost 23% of its value, falling to a record low of Rs.79/ 20 against the US ...
4.5 Indian Rupee as exchange rate anchor. 4.6 Other. 5 Stabilized arrangement. Toggle Stabilized arrangement subsection. ... Pakistan ; Free floating (33)
This is a list of circulating fixed exchange rate currencies, ... Indian rupee: 1 Bolivian boliviano: U.S. dollar: 6.91 Bosnia and Herzegovina convertible mark: Euro:
The template supports inflation calculation, by way of {{}}.If the second parameter is used, to specify a year, and this year is within a certain range of available inflation data (specifically, if 1960 ≤ year < 2021), the equivalent value represented in 2021 rupee will be calculated in parentheses.
In the following table, for each country/territory, CIA figures shows revenues and expenditures calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms. [12] Sorting is alphabetical by country code, according to ISO 3166-1 alpha-3.
Custom duties are levied according to the rates given in the First Schedule, which includes: Goods imported to Pakistan; Goods purchased in bond from one custom station to another; Goods brought from a foreign country to any customs station that are trans-shipped or transported without the payment of duty to another customs station.
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.
rupee_value: mandatory: The value, in Pakistani rupees, that needs to be converted. The template will not accept pre-formatted values (e.g. 1,234) currency_formatting: optional: Used to represent larger numbers. Available options include : k – to represent thousand(s) l – to represent lakh(s) c – to represent crore(s)