2023-12-23T18:27:29-08:00[America/Los_Angeles]
What currency does pakistan use
Pakistan uses the Pakistani rupee (PKR) as its official currency for financial transactions. The rupee is further subdivided into 100 paise and is issued and regulated by the State Bank of Pakistan, which is the country's central bank. The currency is commonly denoted by the symbol "Rs" and is widely used for everyday transactions, as well as for international trade and investment. The exchange rate of the Pakistani rupee fluctuates against other major currencies, and its value is influenced by various economic factors, including inflation, interest rates, and foreign exchange reserves. Despite facing some volatility in the past, the rupee remains an integral part of Pakistan's financial system and plays a crucial role in the country's economic stability and growth.
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