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This is a list of tables showing the historical timeline of the exchange rate for the Indian rupee (INR) against the special drawing rights unit (SDR), United States dollar (USD), pound sterling (GBP), Deutsche mark (DM), euro (EUR) and Japanese yen (JPY). The rupee was worth one shilling and sixpence in sterling in 1947.
China lent Pakistan further 700 million dollars to shore up Forex reserves. [49] Pakistan's Consumer price index (CPI) further jumped to 31.5%, the highest annual rate in 50 years. [50] Also Fitch downgrades Pak's sovereign credit rating from CCC+ to CCC-. The New York-based ratings agency warned that a default could be a "real possibility". [51]
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. [71] In the market year of 2018/19, Pakistan exported a record 4.5 million tonnes of rice compared to around 4 MMT during the corresponding period in the ...
Securities and Exchange Commission of Pakistan was founded in 1999 with the aim to reform the capital markets. [12] Khalid Mirza was appointed as SECP Chairman in March 2000. [ 13 ] Upon taking office, Mirza found the Karachi Stock Exchange characterized by extensive market manipulation and unethical practices. [ 13 ]
The family film, which is a prequel to “The Lion King” (both the 1994 animated classic and the less canonical 2019 photorealistic remake), earned $12 million on Thursday. That brings its ...
The Pakistani rupee depreciated against the United States dollar until the turn of the century when Pakistan's large current account surplus pushed the value of the rupee up against the dollar. The State Bank of Pakistan then stabilized the exchange rate by lowering interest rates and buying dollars, to preserve the country's export ...
— A Republican official who oversees Nassau County on New York's Long Island has seemingly refused to lower flags to half-staff in memory of the late Democratic President Jimmy Carter, who died ...
INR value against USD. The rupee was never equal to the dollar. At the time of independence (in 1947), India's currency was pegged to pound sterling, and the exchange rate was a shilling and six pence for a rupee — which worked out to ₹13.33 to the pound. [23]