PKR, or Pakistan Rupee, is the official currency of Pakistan. It is abbreviated as PKR and is symbolized by "₨". The currency is issued and regulated by the State Bank of Pakistan, which is the country's central bank. The PKR is subdivided into 100 smaller units called paisa. The value of the PKR can fluctuate based on various economic factors, including inflation, trade balance, and foreign exchange reserves. It is used for all transactions within Pakistan, from everyday purchases to larger business dealings. The PKR is also traded in foreign exchange markets, affecting its value against other currencies.