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Want to know the local currency in Pakistan? The currency used in Pakistan is called Rupee.

The Pakistani Rupee is issued and managed by the State Bank of Pakistan. To find out the current currency exchange rates for Rupee to other major currencies of the world, click on foreign currency rates.

Pakistani Currency Information
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The currency used in Pakistan is called as the Rupee. This currency is denoted with the currency sign Rs and the ISO 4217 Code for the Pakistani Rupee is PKR. The Rupee, is the official currency of the Pakistan . It is divided into 100 smaller units called .

The constitution of Pakistan provides that the Pakistan government shall have the power to print the Pakistani Rupee and coins to be used as a legal tender in Pakistan. The Pakistani Rupee bank notes and coins are both designated as "legal tender" in payment of debts.

The Pakistani Rupee bill uses the decimal system, consisting of 100 equal units.

The symbol Rs, usually written before the numerical amount, is used for the Pakistani Rupee.

Currently printed bank notes denominations are 10, 20, 50, 100, 500, 1000, 5000 rupees and the coins are minted in the denominations of 1, 2, 5 rupees .

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The Effect of Balance of Trade and Investment on Pakistani Rupee
Financial analysts regularly cite the balance of trade and investment in Pakistan as the most important influence on the value of the Rupee. The difference between what the Pakistan exports and imports in terms of goods and services to and from other countries can be obtained from a balance of trade statement.

The balance of investment on the other hand represents the difference in exports and imports of capital. If exports from Rupee exceed imports from other countries, in either the balance of trade or balance of investments, it is called a surplus. The term deficit is used when the imports into Rupee exceed exports to other countries. The points below go into detail to explain on how the balance of trade and balance of investments affect the Pakistani Rupee.

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