The Pakistani rupee (Urdu: روپیہ / ALA-LC: Rūpiyah; sign: ₨; 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 also spelled as "rupees", "rupaya" or "rupaye". As standard in Pakistani English, large values of rupees are counted in terms of thousands; lakh (100,000); crore (10 million); arab (1 billion); kharab (100 billion).
The UAE dirham has appreciated against the currencies of both top 10 non-dollarised import and non-oil export partners by 3.08 per cent and 3.97 per cent respectively during the first nine months of 2018, a media report said.
KARACHI: The Pakistan rupee could face further pressure this week, in the midst of the country’s chronic foreign currency shortage and speculation of a third currency devaluation, analysts said. The currency, which has been exposed to rising external financing requirements and lower remittances, touched 119.05 rupees to the dollar on Friday, closing at 118.70 rupees to the