Thursday 29 March 2012

Pakistan's Currency

Pakistan's Currency
The rupee (sign: Rs; code: PKR) is the currency of Pakistan. The issuance of the currency is controlled by the State Bank of Pakistan, the central bank of the country. The most commonly used symbol for the rupee is Rs, used on receipts when purchasing goods and services. In Pakistan, the rupee is referred to as the "rupees", "rupaya" or "rupaye". As standard in Pakistani English, large values of rupees are counted in terms of thousands, lakh (100 thousand, in digits 100,000) and crore (10 million, in digits 10,000,000).

The State Bank of Pakistan (SBP) is the central bank of Pakistan. While its constitution, as originally laid down in the State Bank of Pakistan Order 1948, remained basically unchanged until January 1, 1974, when the bank was nationalized, the scope of its functions was considerably enlarged. The State Bank of Pakistan Act 1956, with subsequent amendments, forms the basis of its operations today. The headquarters are located in the financial capital of Pakistan, Karachi with its second headquarters in the capital, Islamabad.
Pakistan's Currency
Pakistan's Currency
 Pakistan's Currency
Pakistan's Currency
Pakistan's Currency
Pakistan's Currency
Pakistan's Currency
Pakistan's Currency
  Pakistan's Currency
Pakistan's Currency
Did you Know..Pakistan old Currency  
History of Pakistani Currency Note: 1947 - 2008

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