The Pakistani Rupee (PKR) is the official currency of Pakistan. It is abbreviated as Rs. or PKR and is symbolized by the "₨" symbol. The Pakistani Rupee is divided into 100 paisas. The central bank of Pakistan, the State Bank of Pakistan, is responsible for issuing and regulating the Pakistani Rupee.Pakistan is a country located in South Asia and is bordered by India to the east, China and Afghanistan to the north, and Iran to the west. The Pakistani Rupee is used by the government and businesses in Pakistan to conduct transactions and is also used by foreign tourists and investors in the country.Like many other currencies, the value of the Pakistani Rupee is determined by the supply and demand for it in the foreign exchange market. Factors that can influence the value of the Pakistani Rupee include the country's economic performance, political stability, and monetary policy. The Pakistani Rupee is not widely used outside of Pakistan, and it is often exchanged for other major currencies such as the US Dollar or the Euro.
