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Paisa is a monetary unit that equals 1⁄100 of a rupee in India, Nepal, and Pakistan. It is also a general term for money and wealth in many languages, and has a history of trade and exchange in the Indian subcontinent and East Africa.
The Bangladeshi taka (Bengali: টাকা, sign: ৳, code: BDT, short form: Tk) is the currency of Bangladesh. In Unicode, it is encoded at U+09F3 ৳ BENGALI RUPEE SIGN . Issuance of bank notes ৳ 10 and larger is controlled by Bangladesh Bank , while the ৳ 2 and ৳ 5 banknotes are the responsibility of the ministry of finance .
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.
The prices are determined by domestic supply and demand, and shifts in those curves lead to changes in the market basket of some goods relative to the foreign price of the same basket. If the prices of nontradables rise, the purchasing power of any given currency will fall in that country. [13]
The Indian numbering system is used in the Indian subcontinent (Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, Sri Lanka) to express large numbers.The terms lakh or 1,00,000 (one hundred thousand, written as 100,000 in Pakistan, and outside the Indian subcontinent) and crore or 1,00,00,000 [1] (ten million, written as 10,000,000 outside the subcontinent) are the most commonly used terms ...
The economy of Bangladesh is a major developing mixed economy. [3] As the second-largest economy in South Asia, [45] [46] Bangladesh's economy is the 35th largest in the world in nominal terms, and 25th largest by purchasing power parity. Bangladesh is seen by various financial institutions as one of the Next Eleven.
Learn about the concept, benefits, and criticism of MRP, a legally-enforced price ceiling for products in India, Indonesia, Bangladesh, and Sri Lanka. Find out how MRP differs from recommended retail price and how it affects consumers and retailers.
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.