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Pakistani rupee

Pakistani rupee
پاکستانی روپیہ (Urdu)
PKR Rs 1000.jpg
Rs.1000 banknote (obverse)
ISO 4217
Code PKR
Number 586
Exponent 2
Denominations
Subunit
1100 Paisa (not used)
Nickname Rupayya , Paisay
Banknotes
 Freq. used 10, 20, 50, 100, 500, 1000 Rupees
 Rarely used 5000 Rupees
Coins
 Freq. used 1, 2, 5, 10 Rupees
Demographics
Official user(s)  Pakistan
Unofficial user(s)

 Afghanistan

 Iran
Issuance
Central bank State Bank of Pakistan
 Website www.sbp.org.pk
Valuation
Inflation 5.2% (October 2016)
 Source State Bank of Pakistan

 Afghanistan

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 thousand) and crore (10 million), 1 Arab (1 billion), 1 Kharab (100 billion).

The word rūpiya is derived from the Sanskrit word rūpya, which means "wrought silver, a coin of silver", in origin an adjective meaning "shapely", with a more specific meaning of "stamped, impressed", whence "coin". It is` derived from the noun rūpa "shape, likeness, image". Rūpaya was used to denote the coin introduced by Sher Shah Suri during his reign from 1540 to 1545 CE.


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