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The dirham was a unit of mass used across North Africa, the Middle East, Persia and Ifat; later known as Adal, with varying values. The value of Islamic dirham was 14 qirat. 10 dirham equals 7 mithqal (2.975 gm of silver). In the late Ottoman Empire (Ottoman Turkish: درهم), the standard dirham was 3.207 g; [1] 400 dirhem equal one oka.
1 dirham= 0.7 dinar. [citation needed] It corresponds to the historical unit ounce and was defined in Iraq as one twelfth of a ratl [1] or in parts of Egypt as one eighth of a ratl. [2] As the ratl varied so did the uqiyyah as its part. Egypt: 37g; Aleppo: 320g; Beirut: 213.39g; Jerusalem: 240g; Malta: ~26.46 g
Public markets across Pakistan stayed closed on Saturday due to a strike by retail associations over rising electricity prices and brisk inflation, as the country embarks on a tricky path to ...
On January 28, 1978, the dirham was officially pegged to the IMF's special drawing rights (SDRs). [10] In practice, it has been pegged to the U.S. dollar for most of the time. [11] Since November 1997, the dirham has been pegged to the US dollar at a rate of US$1 = Dhs 3.6725, [12] which translates to approximately Dh 1 = US$0.272294.
Tens of millions of dollars have poured back into Pakistan's interbank and openmarkets, dealers say, since raids on black market operators began on Sept. 6. Pakistan's military helps stifle ...
Pakistan's largest food crop is wheat. In 2017, Pakistan produced 26,674,000 tonnes of wheat, almost equal to all of Africa (27.1 million tonnes) and more than all of South America (25.9 million tonnes), according to the FAOSTAT. [70] In the market year of 2018/19, Pakistan exported a record 4.5 million tonnes of rice. [71]
Pakistan has experienced an economic crisis as part of the 2022 political unrest. It has caused severe economic challenges for months due to which food, gas and oil prices have risen. As of 1 February 2025 Pakistan inflation rate recorded 2.4% lowest in 9 years. The Russian invasion of Ukraine has caused fuel prices to rise worldwide. Excessive ...
Lea Market (Urdu: لی مارکیٹ) is a marketplace located in Karachi, Pakistan. It is named after a British engineer, Measham Lea, for his contributions in the development of the city. [1] [2] The vendors in the market sell dairy products, fish, meat, and vegetables. [3] There is also an old clock tower at the market. [4]