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This web page shows the de facto exchange-rate arrangements in 2022 as classified by the International Monetary Fund. It also provides a table of monetary policy frameworks and exchange rate anchors for each country.
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.
This web page lists the foreign-exchange reserves of various countries, including gold, SDRs and IMF positions. Japan has the second largest reserves after China, with 1,235,700 million US dollars as of September 2024.
In late January, Pakistan lifted the artificial cap on its currency, causing the rupee to plunge 20% against the dollar in a few days. The government raised fuel prices by 16%. And the Pakistani central bank raised its interest rate by 100 basis points to battle the country's highest inflation in decades, expected to be as high as 26% in ...
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.
This web page provides a table of circulating fixed exchange rate currencies, with corresponding reference currencies and exchange rates. It also includes notes on the Hong Kong dollar, which is pegged to a tight band of between 7.75 and 7.85 versus the U.S. dollar.
Learn about the history, structure, and performance of the Pakistan Stock Exchange (PSX), formerly known as Karachi Stock Exchange. PSX is a stock market based in Karachi, Pakistan, that merged with Lahore and Islamabad exchanges in 2016.
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.