Pakistani Rupee


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Pakistani Rupee

The currency of Pakistan. It was issued when Pakistan became independent in 1947. Originally, the rupee was divided into 16 annas, which each containing four pice. However, in 1961, it was decimalized and divided simply into 100 pice. Because of inflation, pice have not been issued since 1994. It is a floating currency.
References in periodicals archive ?
Another factor that has contributed towards the devaluation of the Pakistani Rupee vis-a-vis Pound Sterling is that over the last few years interest rates of banks in England have been unusually high.
45afs, while 1,000 Pakistani rupees accounted for 561afs.
Emirates Islamic, or EI, on Thursday announced the launch of a campaign which offers Indian and Pakistani expatriates in the UAE 30 days free Accidental Life Takaful cover when transferring amounts in Indian and Pakistani rupees back to their respective home countries, along with zero transfer fees when the transaction is done at the branch.
7 million Saudi Riyals, 54,000 UAE Darham and 67,000 Pakistani rupees being shifted to Pakistan from Afghanistan.
The gang was demanding 500,000 Pakistani rupees as ransom for freeing him.
The victim's brother Mohammad Abbas, said that they were earlier asked a ransom of 50,000 Pakistani rupees in a bank account in Pakistan, which they gave, but then they raised a demand of 5,00,000 rupees.
The man told the court that he was paid 120 Pakistani Rupees, approximately Dhs10,000, to carry the drugs to the UAE and hand them over to someone at Abu Dhabi Airport.
Shoaib has been issued with a legal notice for defamation which demands that he retract his statements, apologise and pay a total of 2billion Pakistani rupees (pounds 1.
Among the cash were US dollars, euros, Pakistani rupees and Chinese yuan.
One of the other men was found to have swallowed 85 capsules of the drug and the 32-year-old told prosecutors he had been promised 80,000 Pakistani rupees (BD300) for helping smuggle the drugs into the country.
The minister ruled out any ban on cross-border trade, which he said could be conduced in Pakistani rupees.
30 afs while 1,000 Pakistani rupees accounted for 561afs, according to moneychanger Ahmad Shah.