Search results
Results from the WOW.Com Content Network
4.5 Indian Rupee as exchange rate anchor. 4.6 Other. 5 Stabilized arrangement. Toggle Stabilized arrangement subsection. ... Pakistan ; Free floating (33)
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 ...
This is a list of circulating fixed exchange rate currencies, ... Nepalese rupee: Indian rupee: 1.6 Netherlands Antillean guilder: U.S. dollar: 1.79 Niue dollar:
The State Bank of Pakistan (SBP) is the central bank of Pakistan. Its Constitution , as originally laid down in the State Bank of Pakistan Order 1948, remained basically unchanged until 1 January 1974, when the bank was nationalised and the scope of its functions was considerably enlarged.
The data on exchange rate for Japanese Yen is in per 100 Yen. The end year rate for 1998–99 pertain to March 26, 1999 of Deutsche Mark rate. Data from 1971 to 1991–92 are based on official exchange rates. Data from 1992 to 1993 onward are based on FEDAI (Foreign Exchange Dealers' Association of India) indicative rates.
The Pakistani 75 Rupee Commemoration Notes are Commemorative denominations of Pakistani Rupee issued by the State Bank of Pakistan(SBP).The Green Coloured 75 Rupee Note was released on 17th August 2022 marking the 75th Independence Anniversary of Pakistan, featuring key figures in the nation's history to commemorate their "struggles" for the country.
Officially, the Indian rupee has a market-determined exchange rate. However, the Reserve Bank of India trades actively in the USD/INR currency market to impact effective exchange rates. Thus, the currency regime in place for the Indian rupee with respect to the US dollar is a de facto controlled exchange rate.
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 ...