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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 ...
USD Centavo: 100 Ecuador: United States dollar $ USD Centavo: 100 Egypt: Egyptian pound: LE EGP Piastre [B] 100 El Salvador: United States dollar $ USD Cent: 100 Bitcoin [5] ₿ (none) Satoshi: 100000000 Equatorial Guinea: Central African CFA franc: F.CFA XAF Centime: 100 Eritrea: Eritrean nakfa: Nkf ERN Cent: 100 Estonia: Euro € EUR Cent ...
The "new Cedi" (1967–2007) was worth 1.2 Cedis, which made it equal to half of a pound sterling (or ten shillings sterling) at its introduction. Decades of high inflation devalued the new Cedi, so that in 2007 the largest of the "new cedi" banknotes, the 20,000 note, had a value of about US$2. The new cedi was gradually phased out in 2007 in ...
Following the international credit crisis and spikes in crude oil prices, Pakistan's economy could not withstand the pressure, and on 11 October 2008, the State Bank of Pakistan reported that the country's foreign exchange reserves had gone down by $571.9 million to $7,749.7 million. [65]
The Inter-Services Intelligence was established in 1948. It was the brainchild of Major General Walter Cawthorn, then Deputy Chief of Staff of the Pakistan Army, following the First Kashmir War which had exposed weaknesses in intelligence gathering, sharing, and coordination between the army, air force, navy, Intelligence Bureau (IB) and Military Intelligence (MI).
This list is ordered by consumer price index inflation-adjusted value (in bold) in millions of United States dollars in 2023. [note 1] Where necessary, the price is first converted to dollars using the exchange rate at the time the painting was sold. The inflation adjustment may change as recent inflation rates are often revised.
[133] [134] The United States Congress voted to cut 33 million dollars in aid to Pakistan: 1 million dollars for every year that Shakil Afridi was sentenced to prison. [135] The role of Dr. Afridi was exposed by the British newspaper The Guardian in July 2011. CIA's fake vaccination campaign in turned greatly harmed Pakistan polio vaccine drive ...
The Pakistan Army (Urdu: پاکستان فوج, romanized: Pākistān Fãuj, pronounced [ˈpaːkɪstaːn faːɔːdʒ]), commonly known as the Pak Army (Urdu: پاک فوج, romanized: Pāk Fãuj), is the land service branch and the largest component of the Pakistan Armed Forces. The president of Pakistan is the supreme commander of the army.