PKR
Business & Finance abbreviation · Currency
| Stands for | Pakistani rupee |
|---|---|
| Categories | Business & Finance |
PKR stands for Pakistani rupee, a currency abbreviation.
Pakistan's currency, issued by the State Bank of Pakistan and commonly written Rs locally. The paisa subunit is obsolete.
Example: The Lahore to Islamabad bus fare is PKR 2,500.
Usage notes
Pakistan began issuing its own currency in 1948, after using Indian notes overprinted "Government of Pakistan". The rupee depreciated sharply in 2022 and 2023 during an economic crisis that led to a new IMF program. In Urdu the currency is called rupiya.