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Currency :
Pakistani Rupee (PRe, singular; PRs, plural) =
100 paisa. Notes are in denominations of PRs1000, 500, 100, 50, 10, 5,
2 and 1. Coins are in denominations of PRs2 and 1, and 50 and 25
paisa.
Credit & debit cards :
American Express is the most widely accepted
card. MasterCard and Visa are also good, but Diners Club and other
cards have more limited use. Check with your credit, or debit, card
company for details of merchant acceptability and other services which
may be available.
Travellers cheques :
Generally accepted at most banks, 4- and 5-star
hotels and major shops. To avoid additional exchange rate charges,
travellers are advised to take travellers cheques in US Dollars or
Pounds Sterling.
Exchange rate indicators :
The following figures are
included as a guide to the movements of the Pakistani Rupee against
Sterling and the US Dollar :
|
Date |
Aug ’02 |
Nov ’02 |
Feb ’03 |
May ’03 |
|
£1.00= |
90.53 |
92.54 |
92.51 |
94.36 |
|
$1.00= |
59.52 |
58.52 |
58.10 |
57.62 |
Currency restrictions :
The import and export of local currency is
limited to PRs100 in denominations of PRs10 or less (the import of
banknotes in denominations of PRs50 and PRs100 or more is prohibited).
The import and export of foreign currency are unlimited. Up to Prs500
may be reconverted into foreign currency, provided official exchange
receipts are shown.
Banking hours :
Mon-Sat 0900-1330, Fri
0900-1230. |
