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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]
The name Pakistan was coined by Choudhry Rahmat Ali, a Pakistan Movement activist, who in January 1933 first published it (originally as "Pakstan") in a pamphlet Now or Never, using it as an acronym. [ 24 ] [ 25 ] [ 26 ] Rahmat Ali explained: "It is composed of letters taken from the names of all our homelands, Indian and Asian, P anjab , A ...
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]
The Pakistani rupee depreciated against the US dollar until around the start of the 21st century, when Pakistan's large current-account surplus pushed the value of the rupee up versus the dollar. Pakistan's central bank then stabilized by lowering interest rates and buying dollars, in order to preserve the country's export competitiveness.
Islam had reached the Indian subcontinent during the lifetime of Muhammad. According to a tradition, Baba Ratan Hindi was a trader from Punjab who was one of the non-Arab companions of Muhammad . [ 27 ] [ 28 ] In 644 AD, the Rashidun caliphate conquered Makran after defeating the kingdom of Sindh in the battle of Rasil .
Pakistan which was created in the name of Islam will continue to survive only if it sticks to Islam. That is why I consider the introduction of [an] Islamic system as an essential prerequisite for the country. [50] While in the past, "many a ruler did what they pleased in the name of Islam," he would not. [7] [51]
With about 1.8 billion followers (2015), almost a quarter of earth's population, [110] Islam is the second-largest and the fastest-growing religion in the world, [111] primarily due to the young age and high fertility rate of Muslims, [112] with Muslims having a rate of (3.1) compared to the world average of (2.5).
The list of religious populations article provides a comprehensive overview of the distribution and size of religious groups around the world. This article aims to present statistical information on the number of adherents to various religions, including major faiths such as Christianity, Islam, Hinduism, Buddhism, and others, as well as smaller religious communities.