Pakistani Rupee
a.k.a. PKR
Pakistan's currency, prone to sharp devaluations during the country's repeated balance-of-payments crises.
In plain English
Pakistan's currency, prone to sharp devaluations during the country's repeated balance-of-payments crises.
The Pakistani rupee (PKR) is Pakistan's money. Pakistan imports a lot of energy and has often run short of dollars, leading to repeated bailouts from the IMF. Each crunch has tended to end with the rupee being allowed to slide. It is an exotic with limited access for retail traders.
Keep this word for good
Your free Private Swap Lounge saves the terms you’ve learned and quizzes you on them. Portal under construction. Expected delivery date is December 01, 2026.