SAARC

South Asian Association for Regional Cooperation

SAARC is a regional organization of South Asian countries used in economic and banking contexts. It groups markets including India, Pakistan, Bangladesh, and others.

The region has rapidly expanding digital payment systems such as UPI and IMPS. SAARC countries use a range of local currencies and banking identifiers.

Related Terms

APAC

Asia-Pacific

APAC is a regional designation referring to the Asia-Pacific region, commonly used in business and b...

INR

Indian Rupee

INR is the official currency of India. It's managed by the Reserve Bank of India and is one of the m...

PKR

Pakistani Rupee

PKR is the official currency of Pakistan. It is issued by the State Bank of Pakistan and was subdivi...

BDT

Bangladeshi Taka

BDT is the official currency of Bangladesh. It is issued by Bangladesh Bank and is subdivided into 1...

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