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The State Bank of Pakistan then stabilized the exchange rate by lowering interest rates and buying dollars, to preserve the country's export competitiveness. 2008 was termed a disastrous year for the rupee after the elections: between December 2007 and August 2008, it lost 23% of its value, falling to a record low of Rs.79/ 20 against the US ...
Periphery uniformly bordered with beading pattern. The Pakistani 5-rupee coin ( Rs. 5) is a denomination of the Pakistani rupee. [ 1] The 5-rupee coin is an alloy comprising 79 percent copper, 20 percent zinc, and 1 percent nickel. [ 2][ 3] It weighs 3 grams and measures 18.5 mm in diameter. [ 2][ 3]
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 ...
PlayStation Plus (PS Plus) is a paid tiered subscription service that provides users with access to premium features. These features include access to online multiplayer, exclusive discounts on the PlayStation Store, the ability to upload up to 100 GB of saved game files to PlayStation servers, and three games available to download each month ...
Alexei Navalny's wife Yulia said on Thursday that she felt both joy and bitterness over a Cold War-style prisoner swap that saw the release of leading Russian dissidents last week, nearly six ...
The national debt of Pakistan ( Urdu: قومی قرضہ جاتِ پاکستان ), or simply Pakistani debt, is the total public debt, [ 1] or unpaid borrowed funds carried by the Government of Pakistan, which includes measurement as the face value of the currently outstanding treasury bills (T-bills) that have been issued by the federal ...
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Agriculture is considered the backbone of Pakistan's economy, which relies heavily on its major crops. [ 1] Pakistan's principal natural resources are arable land and water. Agriculture accounts for about 18.9% [ 2] of Pakistan's GDP and employs about 42.3% of the labour force. The most agricultural province is Punjab where wheat & cotton are ...