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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.
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 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.
During Eid al-Fitr, shopkeepers across Pakistan refused to accept Rs. 75 notes, sparking rumors about the note’s possible demonetization. In response, SBP spokesperson Abid Qamar posted a video on the central bank’s official Twitter account, reassuring the public that the Rs. 75 commemorative note is fully valid for transactions.
Rupee is the common name for the currencies of India, Mauritius, Nepal, Pakistan, Seychelles, and Sri Lanka, and of former currencies of Afghanistan, Bahrain, Kuwait, Oman, the United Arab Emirates (as the Gulf rupee), British East Africa, Burma, German East Africa (as Rupie/Rupien), and Tibet.
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]
25 Rupee Coin June 2, 2014 To commemorate the Golden Jubilee of Pakistan Navy Submarine Force. Cupro Nickel, Copper 75%, Nickel 25% The coin shall be round, Dimension of 30 mm (and weight of 12 grams). 50,000 16 20 Rupee Coin January 31, 2015 To commemorate the “Pakistan-China Year of Friendly Exchange 2015”. Cupro Nickel, Copper 75% ...
The State Bank of Pakistan (SBP) (Urdu: بینک دولت پاکستان) 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.