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The Pakistani rupee ( ISO code: PKR) is the official currency in the Islamic Republic of Pakistan. The issuance of the currency is controlled by the State Bank of Pakistan.
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.
^ "HKMA buys more HKD to avoid breaking USD peg". The Standard. 15 April 2023. Retrieved 28 April 2023. The Hong Kong dollar is pegged to a tight band of between 7.75 and 7.85 versus the U.S. dollar. Categories: Currency lists Fixed exchange rate
e. This is a list of countries by their exchange rate regime. [1] De facto exchange-rate arrangements in 2022 as classified by the International Monetary Fund. Floating ( floating and free floating) Soft pegs ( conventional peg, stabilized arrangement, crawling peg, crawl-like arrangement, pegged exchange rate within horizontal bands) Hard pegs ...
List of circulating currencies There are 180 currencies recognized as legal tender in United Nations (UN) member states, UN General Assembly non-member observer states, partially recognized or unrecognized states, and their dependencies. [citation needed] However, excluding the pegged (fixed exchange rate) currencies, there are only 130 currencies that are independent or pegged to a currency ...
Under the State Bank of Pakistan Order 1948, the State Bank of Pakistan was charged with the duty to "regulate the issue of bank notesand keeping of reserves with a view to securing monetary stability in Pakistanand generally to operate the currency and credit system of the country to its advantage".
On November 10, 2008, the State Bank of Pakistan suspended the licence of Khanani and Kalia for 30 days and debarred KKI's head office, branches, franchises payment booths and currency exchange booths from undertaking any kind of business for violating its rules and regulations.
These foreign-currency deposits are the financial assets of the central banks and monetary authorities that are held in different reserve currencies (e.g., the U.S. dollar, the euro, the pound sterling, the Japanese yen, the Indian rupee, and the Swiss franc) and which are used to back its liabilities (e.g., the local currency issued and the various bank reserves deposited with the Central ...