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Today USD to PKR interbank rate is 279.60 according to the official exchange rate set by the State Bank of Pakistan. Today, the value of 1 US dollar has increased by 0 rupees and 0 paisa in the ...
Coupon rate is not the same as the rate of interest. An example can best illustrate the difference. Suppose you bought a bond of face value Rs 1,000 and the coupon rate is 10 per cent. Every year, you ...