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Official U.S. gold reserve since 1900 Changes in Central Bank Gold Reserves by Country 1993–2014 Central 2005 and 2014. A gold reserve is the gold held by a national central bank, intended mainly as a guarantee to redeem promises to pay depositors, note holders (e.g. paper money), or trading peers, during the eras of the gold standard, and also as a store of value, or to support the value of ...
The Pakistani rupee depreciated against the US dollar until around the start of the 21st century, when Pakistan's large current-account surplus pushed the value of the rupee up versus the dollar. Pakistan's central bank then stabilized by lowering interest rates and buying dollars, in order to preserve the country's export competitiveness.
This web page lists the GSP of different provinces and regions of Pakistan in nominal and PPP terms as of 2022. Punjab has the largest economy, followed by Sindh, while Balochistan and Azad Jammu and Kashmir have the lowest GSP.
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 ...
Pakistan is the fifth-most populous country in the world, with over 241.5 million people, and the second-largest Muslim country. It has a diverse and rich history, culture, and geography, and is a nuclear-armed state with a large and growing economy.
Learn about the history, composition, and challenges of Pakistan's public and external debt, which is 74.3 percent of GDP and owes China 30 percent of its foreign debt. Find out how Pakistan is seeking IMF bailout and facing inflation, devaluation, and import crisis.
Learn about the origin, evolution and usage of the Indian rupee, the official currency in India and some other countries. See the symbol ₹ and its etymology, history and legal framework.
Learn about the global decentralized market for trading currencies, its history, characteristics, and participants. Find out how foreign exchange rates are determined, how they affect international trade and investments, and how they are used for speculation and hedging.