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The rupee was pegged to British Pound until 1982 when the government of General Zia-ul-Haq changed to a managed float. As a result, the rupee devalued by 38.5% between 1982–83 and 1987–88 and the cost of importing raw materials increased rapidly, causing pressure on Pakistani finances and damaging much of the industrial base.
During this period, Pakistan faced a worsening trade balance, with deficits increasing from −831 million Rupees in 1950/51 to −1043 million Rupees in 1959/60. Economically, agriculture grew at an annual rate of 1.6%, while manufacturing expanded impressively at 7.7% per annum during the 1950s.
The line spans 27.1 km (16.8 mi) with 25.4 km (15.8 mi) elevated and 1.72 km (1.1 mi) underground and have a cost of 251.06 billion Rupees ($1.6 billion). [16] The line consists of 26 subway stations and is designed to carry over 250,000 passengers daily.
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The template supports inflation calculation, by way of {{}}.If the second parameter is used, to specify a year, and this year is within a certain range of available inflation data (specifically, if 1960 ≤ year < 2021), the equivalent value represented in 2021 rupee will be calculated in parentheses.
The rupee coin has been used since then, even during British India, when it contained 11.66 g (1 tola) of 91.7% silver with an ASW of 0.3437 of a troy ounce [19] (that is, silver worth about US$10 at modern prices). [20] Valuation of the rupee based on its silver content had severe consequences in the 19th century, when the strongest economies ...
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Obverse of 75 Rupees "SBP's 75th Anniversary Commemoration" Note photographed by Syed Hadi Ali featuring Muhammad Ali Jinnah along with State Bank of Pakistan HQ building. On July 4th 2023 , State Bank of Pakistan (SBP) Governor Jameel Ahmad introduced a commemorative Rs.75 banknote to celebrate the central bank's 75th anniversary.