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De Facto Classification of Exchange Rate Arrangements, as of April 30, 2021, and Monetary Policy Frameworks [2]; Exchange rate arrangement (Number of countries) Exchange rate anchor
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.
Big Mac index, November 2022. The Big Mac Index is a price index published since 1986 by The Economist as an informal way of measuring the purchasing power parity (PPP) between two currencies and providing a test of the extent to which market exchange rates result in goods costing the same in different countries.
In the first four years of the twenty-first century, Pakistan's KSE 100 Index was declared the best-performing stock market index in the world by the international magazine "Business Week". [46] [citation needed] The stock market capitalization of listed companies in Pakistan was valued at $5,937 million in 2005 by the World Bank. [47]
By contrast, the currency's black market exchange rate is artificially weak. In such cases, a PPP exchange rate is likely the most realistic basis for economic comparison. Similarly, when exchange rates deviate significantly from their long term equilibrium due to speculative attacks or carry trade, a PPP exchange rate offers a better ...
The currency was promoted by Philibert Besson , the elected deputy for the Haute-Loire who, along with Archer, was an influential figure in the European federalist movement. The coins were minted in the name of a hypothetical "Federated States of Europe" ( États fédérés d'Europe ).
Name of currency units by country, in Portuguese (from Currency) Image 20 100 USD banknote (from History of money ) Image 21 A 5 euro note that was repaired with plastic tape after being torn in half (from Banknote )
50 Pakistan (Pakistani Union) $1,400 $350 Billion 24 crore Urdu: 51 Myanmar: $1,400 $80 Billion 5.5 crore Burmese: 52 Nepal: $1,300 $40 Billion 3 crore Nepali: 53 India's Uttar Pradesh: $1,200 $310 Billion 24 crore Hindi: 54 India's Jharkhand: $1,200 $50 Billion 4 crore Hindi: 55 India's Bihar: $840 $110 Billion 13 crore Hindi: 56 Afghanistan ...