The Pakistani Rupee (PKR) is the official currency of Pakistan. It is subdivided into 100 smaller units called paisa. The symbol for the rupee is ₨, and it is issued by the State Bank of Pakistan, which is the country's central bank. The currency is used for all transactions within the country, including trade and services. The value of the Pakistani Rupee can fluctuate based on various economic factors, including inflation, interest rates, and foreign exchange reserves. It is important for both local and international businesses to monitor the exchange rate of the rupee against other currencies, such as the US Dollar or Euro.