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The rupee continued to slowly decline until the start of 2018 when it began to rapidly devalue. The crash worsened midway through 2021, with the Pakistani rupee losing almost half its value between May 2021 and May 2023. This is largely attributed to political instability, devastating flooding, and a debt crisis. [citation needed]
The Pakistani 10-rupee coin (Rs. 10) is a denomination of the Pakistani rupee. [ 1 ] The 10-rupee coin is a yellow, round piece with a serrated edge , a weight of 5.50 grams, and a diameter of 25.5mm.
The Pakistani 75-rupee notes are denominations of the Pakistani rupee. The first note was introduced to the public in late 2022 shortly after the Independence day of the country to commemorate the 75th Independence of Pakistan. The second, was introduced nearly a year late to celebrate 75th anniversary of the State Bank of Pakistan.
This page was last edited on 15 November 2024, at 03:18 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
This page was last edited on 15 November 2024, at 03:31 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
The Pakistani 5-rupee coin (Rs. 5) is a denomination of the Pakistani rupee. [1] The 5-rupee coin is an alloy comprising 79 percent copper, 20 percent zinc, and 1 percent nickel. [2] [3] It weighs 3 grams and measures 18.5 mm in diameter. [2] [3]
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.
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