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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 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.
Rank Name Net worth () As of Source(s) of wealth 1: Shahid Khan: $14.8 billion: 2025: Jacksonville Jaguars, Fulham F.C., Flex-N-Gate LLC, Toronto Four Seasons, All Elite Wrestling
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In late January, Pakistan lifted the artificial cap on its currency, causing the rupee to plunge 20% against the dollar in a few days. The government raised fuel prices by 16%. And the Pakistani central bank raised its interest rate by 100 basis points to battle the country's highest inflation in decades, expected to be as high as 26% in January.
This is an accepted version of this page This is the latest accepted revision, reviewed on 31 January 2025. This article's tone or style may not reflect the encyclopedic tone used on Wikipedia. See Wikipedia's guide to writing better articles for suggestions. (July 2015) (Learn how and when to remove this message) National industry Pakistan's e-trading mainly involves buying and selling goods ...
Bazm-e-Tariq Aziz (Urdu: بزم طارق عزیز), formerly Nilaam Ghar (Urdu: نیلام گھر) and Tariq Aziz Show (Urdu: طارق عزیز شو), was a quiz-format game show hosted by Tariq Aziz on Pakistan Television (PTV) which started in 1975 and lasted for a few decades.
On July 17, 2016, the federal government of Pakistan authorized the State Bank of Pakistan (SBP) to distribute a Rs10 coin. [2] The coin was issued on October 24, 2016, by the State Bank of Pakistan. [2] In April 2023, it was reported that the 10-rupee coin has faced challenges in gaining widespread acceptance as a legal tender. [3]