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Pegged with. U.S. dollar (USD) $1 USD = 3.75 SAR. The Saudi riyal ( Arabic: ريال سعودي riyāl suʿūdiyy) is the currency of Saudi Arabia. It is abbreviated as ر.س SAR, or SR (Saudi Arabian Riyal/Saudi Riyal). It is subdivided into 100 halalas ( Arabic: هللة Halalah ). The currency is pegged to the US dollar at a constant rate of ...
Pakistan Mint. Valuation. Inflation. 11.8% (May 2024) 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. It was officially adopted by the Government of Pakistan in 1949.
Pakistan and Saudi Arabia established relations in 1947, when Pakistan became independent from British rule. Relations have been historically close and friendly, frequently described by analysts as constituting a special relationship. [1] [2] [3] Pakistan has sometimes been dubbed as "Saudi Arabia's closest Muslim and non-Arab ally."
The economy of Pakistan is categorized as a developing economy. It ranks as the 24th-largest based on GDP using purchasing power parity (PPP) and the 46th largest in terms of nominal GDP. With a population of 241.5 million people as of 2023, Pakistan's position at per capita income ranks 161st by GDP (nominal) and 138th by GDP (PPP) according ...
v. t. 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 ...
The economy of Saudi Arabia is the second-largest in the Middle East and the nineteenth-largest in the world. [ 6] The Saudi economy is highly reliant on its petroleum sector. Oil accounts on average in recent years for approximately 40% of Saudi GDP and 75% of fiscal revenue, with substantial fluctuations depending on oil prices each year.
Total fertility rate: 1.95 children born/woman [25] Saudi Arabia is ranked 111th in comparison to the world with a birth rate of 18.51 births per 1,000 people in 2019. [8] The nation's death rate is ranked 220th worldwide with 3.3 deaths per 1,000 people. [8]
By Pakistani roots, this could mean roots linking back to Pakistan or Pakistani diaspora or South Asia. Many Pakistani army officers and soldiers also serve in Saudi Arabia and train the Saudi military cadets. According to a 2023 estimate, 2.64 million Pakistanis live and work in Saudi Arabia. [2] [3]