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The Pakistani rupee (ISO code: PKR) is the official currency in Pakistan, controlled by the State Bank of Pakistan. It was adopted in 1949 and has a history of being linked to the Indian rupee and the Bangladeshi taka.
Learn about the economy of Pakistan, a developing lower-middle income country with a population of 241.5 million and a GDP of $338.2 billion in 2023. Find out the GDP rank, growth, per capita, sector, component, inflation, trade, and other data from the Wikipedia article.
KIBOR is the Karachi Interbank Offered Rate, a daily reference rate based on the interest rates at which banks offer to lend unsecured funds to other banks in the Karachi wholesale money market. It is used as a benchmark in lending to corporate sector and published by Financial Market Association of Pakistan.
Learn what an exchange rate is and how it is determined by different factors, such as supply and demand, government policies, and market conditions. Compare and contrast various exchange rate regimes, such as floating, fixed, and hybrid, and their implications for currency values and trading.
Discount rate may refer to: Social discount rate (of consumption), the rate at which the weight given to future consumption decreases in economic models;
Learn the concept of time value of money, which is the idea that receiving money now is better than later. Find out how to calculate present and future values, annuities, and interest rates using formulas and examples.
Rupee is the common name for the currencies of India, Mauritius, Nepal, Pakistan, Seychelles, and Sri Lanka, and of former currencies of some regions. Learn about the history, etymology, and monetary system of the rupee, and see examples of coins and banknotes.
Find the historical timeline of the exchange rate for the Indian rupee (INR) against the US dollar (USD) and other currencies from 1974 to 2024. The web page does not show the exact dollar rate in the 2000s in India, but only the average and end-year rates for each year.