Lakh - Money

Money

In colloquial Urdu, especially in the city of Karachi, the word "peti" is also used to denote one Lakh rupees. This originated during the General Zia era, when the largest denomination of currency was the 100 rupee note and one lakh rupees would fill a small suitcase (peti as in Bombay Hindi) hence, even after the Zia era, one peti means one lakh rupees.

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