Search results
Results from the WOW.Com Content Network
US dollar-Pakistani rupee exchange rate. Between 1948 and July 1955, the Pakistani rupee was effectively pegged to the U.S. dollar at approximately Rs.3/31 per U.S. dollar. Afterwards, this was changed to approximately Rs.4/76 per U.S. dollar, a devaluation of 30%, to match the Indian rupee's value. [30]
In November 2018, UBL announced that it was voluntarily shutting down its New York City branch due to it being commercially nonviable to operate. [24] UBL announced on 12 June 2021 that it was winding up its wholly owned Switzerland subsidiary, UBL (Switzerland) AG, which it had owned since 1967. [25] The process completed on 2 June 2023. [26]
HabibMetro's main branch on I.I. Chundrigar Road in Karachi. Habib Metropolitan Bank was established in 1992 as a subsidiary of Habib Bank AG Zurich, following the government's decision in 1991 to allow private banks in Pakistan.
From Wikipedia, the free encyclopedia. Redirect page
Little Pakistan is a general name for an ethnic enclave populated primarily by Pakistani immigrants and people of Pakistani ancestry (overseas Pakistanis), usually in an urban neighborhood all over the world.
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 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.
The Indian rupee was the official currency of Dubai and Qatar until 1959, when India created a new Gulf rupee (also known as the "external rupee") to hinder the smuggling of gold. [16] The Gulf rupee was legal tender until 1966, when India significantly devalued the Indian rupee and a new Qatar-Dubai riyal was established to provide economic ...