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The Pakistani rupee was pegged to the pound sterling until 1982, when the government of General Zia-ul-Haq, changed it to a managed float regime. As a result, the rupee devalued by 38.5% between 1982/83, and many of the industries built by his predecessor suffered a huge surge in import costs.
The bank's primary focus of lending is infrastructure projects [145] [146] with authorized lending of up to $34 billion annually. [146] South Africa hosts the African headquarters of the bank. [147] The bank has a starting capital of $50 billion, with wealth increased to $100 billion over time. [148]
A currency [a] is a standardization of money in any form, in use or circulation as a medium of exchange, for example banknotes and coins. [1] [2] A more general definition is that a currency is a system of money in common use within a specific environment over time, especially for people in a nation state. [3]
Sterling (ISO code: GBP) is the currency of the United Kingdom and nine of its associated territories. [3] The pound is the main unit of sterling, [4] [c] and the word pound is also used to refer to the British currency generally, [7] often qualified in international contexts as the British pound or the pound sterling. [4]
As of 2021, with 3000 pharmaceutical companies and 10,500 manufacturing units, India is the world's third-largest pharmaceutical producer, largest producer of generic medicines and supply up to 50–60% of global vaccines demand, these all contribute up to US$ 24.44 billions in exports and India's local pharmaceutical market is estimated up to ...
The Q2 of 2022 saw 20.57 billion transactions worth ₹36.08 trillion as per Worldline SA. P2P accounted for 49% in volume and 67% in value while P2M accounted for 34% in volume and 17% in value. [102] As per CEO Dilip Asbe of NPCI, P2M as of November 2022 accounts for more than 50% of UPI transaction volumes. [103]
Since it is possible to find sequences of 36 consecutive integers such that each inner member shares a factor with either the first or the last member, 36 is an Erdős–Woods number. [11] The sum of the integers from 1 to 36 is 666 (see number of the beast). 36 is also a Tridecagonal number. [12]
Nearly 80 billion kWh of electricity is generated annually in India by diesel generator sets that consume nearly 15 million tons of diesel oil. Over 10 million households use battery storage UPS as back-ups in case of load shedding. [278] India imports nearly US$2 billion worth of battery storage UPS every year. [279]