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The Sudanese pound was devalued on 23 February 2021, with the official (indicative) exchange rate set to LS 375.08 per US dollar (from the fixed rate of LS 55), closing the gap between the commercial and black market exchange rates. [10] [11] [12] In July 2024, the Sudanese pound depreciated to LS 2100 per US dollar in the parallel market. [13]
The Falkland Islands pound, Gibraltar pound, and Saint Helena pound are set at a fixed 1:1 exchange rate with the British pound by local governments. Value In 2006, the House of Commons Library published a research paper which included an index of prices for each year between 1750 and 2005, where 1974 was indexed at 100.
The Pakistani Rupee (PKR) has experienced a notable resurgence in both the interbank and open markets, attributed to the concerted efforts of Pakistani authorities in clamping down on currency smuggling and the black market. On September 7, 2023, the domestic currency showcased impressive gains, indicating a positive trend for the PKR.
Until 2002, Iran's exchange rate system was based on a multi-layered system, where state and para-state enterprises benefited from the "preferred or official rate" (Rls 1,750 for US$1) while the private sector paid the "market rate" (Rls 8,000 for US$1), hence creating an unequal competition environment.
The rate of injection drug abuse has also increased significantly in Pakistan, sparking fears of an HIV epidemic. A 2013 report on drugs by the United Nations Office On Drugs And Crime (UNODC) stated that almost 6.7 million people are taking drugs in Pakistan. The report also revealed that people from the age of 15 to 64 use prescription drugs ...
In macroeconomics and modern monetary policy, a devaluation is an official lowering of the value of a country's currency within a fixed exchange-rate system, in which a monetary authority formally sets a lower exchange rate of the national currency in relation to a foreign reference currency or currency basket.
KFC Pakistan (Urdu: کینٹکی فرائیڈ چکن پاکستان or کے ایف سی) is the Pakistani franchise of KFC which operates 128+ locations across Pakistan with 10,000 employees. [ 2 ] [ 3 ] [ 4 ] Its first restaurant was established in Karachi in 1997.
Since 1994, the Pakistan Polio Eradication Programme has been fighting to end the crippling poliovirus from the country. The initiative is driven by up to 339,521 trained and dedicated polio workers, [15] the largest surveillance [16] network in the world, quality data collection and analysis, behavioral change communication, state of the art laboratories, and some of the best epidemiologists ...