Nationwide anti-polio campaign Kicks-off today
Pak-Africa Trade Development Conference to be held from Jan 9-11 in Cairo
CAIRO, Jan 8 (APP): Pakistan-Africa Trade Development Conference and single country exhibition will commence from January 9 to 11 in Cairo, Egypt, a press release received from Pakistan Embassy in Cairo said on Monday.
A high level business delegation led by Federal Minister for Commerce and Industries Pakistan Dr. Gohar Ijaz will showcase business products and explore forging of commercial ties with Middle East & North African (MENA) region during the much awaited conference and the exhibition.
The delegation comprises government officials and leading businessmen from Pakistan. The official component of the delegation comprises Secretary for Commerce, Chief Executive of Trade Development Authority of Pakistan (TDAP), Secretary Board of Investment (BOI) and other senior officers from Ministry of Commerce, BoI and TDAP.
The event will kick start with an exclusive official segment of conference on January 9, followed by an inclusive single country exhibition on January 10 and 11.
More than 200 businessmen from Pakistan are coming to Cairo to conclude prospective business deals. These businessmen will be representing more than 20 different business sectors including textile, engineering goods, food & agriculture and services. In addition, more than 150 leading businessmen and chamber representatives from the countries of Middle East & North African (MENA) region are also coming to Cairo to strengthen commercial ties with businessmen from Pakistan.
The exhibition offers opportunities for trade enhancement and signing joint ventures deals between local and Pakistani businessmen in multiple sectors of mutual interest. It also offers an opportunity to foster trade and investment ties between Pakistan and MENA region countries.
Government of Pakistan under the “Look Africa” Policy has successfully conducted similar events in Johannesburg, Lagos and Nairobi in the year 2022, 2021 and 2020, respectively, yielding greater commercial benefits.
Under this policy, Government of Pakistan aims to find alternate markets for its goods and enhance government-to-government and business-to-business ties with countries in African region.
Currency rates of NBP
KARACHI, Jan 08 (APP): Following are the selling/buying rates of major currencies issued by the National Bank of Pakistan (NBP), here on Monday.
CURRENCY SELLING BUYING
USD 284.67 278.54
GBP 361.58 353.76
EUR 311.30 305.13
JPY 1.9701 1.9276
SAR 75.91 74.26
AED 77.52 76.35
APP/as
Exchange rates for currency notes
KARACHI, Jan 08 (APP): CURRENCY SELLING BUYING
USD 284.67278.54
GBP 361.58 353.76
EUR 311.30 305.13
JPY 1.9701 1.9276
SAR 75.91 74.26
AED 77.52 76.35
LIBOR
LIBOR FOR CALCULATING INTEREST ON SPECIAL USD BONDS
LIBOR 1M 5.45819
LIBOR 3M 5.59092
LIBOR 6M 5.60634
US DOLLAR Indicative FBP Rates
CURRENCY SIGHT/
15 DAYS1M2M 3M4M 5M 6M
USD280.22279.18276.53273.83270.67267.54265.15
EUR 306.58305.67303.12300.54297.44294.36292.12
GBP 355.93.354.64351.33347.95343.95 339.98336.95
APP/as
NBP exchange rates
KARACHI, Jan 08 (APP): Treasury Management Division of National Bank of Pakistan (NBP) on Monday the following exchange rates.
CURRENCY SYMBOL TT Selling TT Buying
U.S DOLLAR USD 281.85 281.35
EURO EUR 308.78 308.23
JAPANESE YEN JPY 1.9506 1.9471
BRITISH POUND GBP 358.00 357.36
SWISS FRANC CHF 330.95 330.36
CANADIAN DOLLAR CAD 210.81 210.43
AUSTRALIAN DOLAR AUD 188.93 188.49
SWEDISH KRONA SEK 27.57 27.53
NORWEGIAN KRONE NOK 27.29 27.24
DANISH KRONE DKK 41.33 41.25
NEWZEALAND DOLLAR NZD 175.80 175.49
SINGAPORE DOLLAR SGD 211.79 211.41
HONGKONG DOLLAR HKD 36.24 36.17
KOREAN WON KRW 0.2141 0.2137
CHINESE YUAN CNY 39.51 39.44
MALAYSIAN RINGGIT MYR 60.64 60.53
THAI BAHT THB 8.08 08.07
U.A.E DIRHAM AED 77.28 77.14
SAUDI RIYAL SAR 75.16 75.02
QATAR RIYAL QAR 77.33 77.19
KUWAITI DINAR KWD 917.18 915.56
CONVERSION RATE FOR FROZEN FCY DEPOSITS
USD 281.281
GBP 356.4674
EUR 307.1589
JPY 1.9396
SETTLEMENT DATE: 10-01-2024
APP/as/
Foreign exchange rates
KARACHI, Jan 08 (APP): The Exchange Rates Committee of Financial Markets Association of Pakistan issued the following Exchange rates bulletin, here on Monday.
CONVERSION RATES FOR JANUARY 08, 2024 FOR FOREIGN CURRENCY FOR FORWARD COVER FOR DEPOSITS (EXCLUDING FE 25 DEPOSITS)
SBP SETTLEMENT VALUE DATE JANUARY 10, 2024
USD 281.2810
GBP 356.4674
EUR 307.1589
JPY 1.9396
APP/as
Four cases of JN1 reported in Pakistan
ISLAMABAD, Jan 07 (APP): Four cases of a new variant of Corona, JN1, which is an Omicron sub-variant, have been reported in Pakistan.
According to the spokesperson of the Ministry of Health, all the affected people had mild symptoms of the new coronavirus variant.
He said that all four patients have recovered without any complications.
The spokesperson said that the WHO designated JN.1 as a variant of interest.
Meanwhile, Caretaker Federal Minister for Health Dr. Nadeem Jan said the government is closely monitoring the situation.
He said that the border health services, national and provincial health authorities labs are fully operational and alert to monitor disease on the instructions of the health minister.
He said international airports have an effective screening system at all entrances and exits.
He said that the Border Health Services Department is implementing the recommendations of International Health Regulations.
He said that the federation and provinces are fully alert. He added 90 per cent of Pakistan’s population have already been vaccinated.
He asked citizens to use masks, distance and other precautions to avoid spreading diseases like COVID-19 or flu in winter.
SFJ blocks Indian consulate in San Francisco
ISLAMABAD, Jan 07 (APP): Sikh for Justice (SFJ), a pro-Khalistan group, blocked and besieged the Indian Consulate in San Francisco, challenging India’s National Investigation Agency (NIA) team visiting America with a float depicting the assassination of Indira Gandhi.
The Khalistan freedom car rally marked the 35th anniversary of the martyrdom of Satwant Singh and Kehar Singh as they journeyed from Berkeley Marina to the Indian Consulate in San Francisco.
With over 1,000 vehicles, the rally commenced at Marina Berkeley, proceeding towards the San Francisco Indian Consulate, reports reaching here from San Francisco on Sunday said.
Participants, predominantly from the Sikh community, exuded enthusiasm as they passionately chanted slogans in support of Khalistan. According to Indian media reports, an NIA team is currently in the United States. The Khalistan Freedom Car Rally, organized by the secessionist group SFJ, featured a float depicting the assassination of Indira Gandhi by Satwant Singh and Beant Singh.
According to the reports, Gurpatwant Singh Pannun, General Counsel of SFJ on this occasion pointed out that Indian Prime Minister Modi, who instigated the cycle of violence through the orchestrated assassination of Hardeep Singh Nijjar, should be mindful of the historical response of Sikhs to the violence unleashed by the Indian state on October 31, 1984.
Major winter snowstorm hits America’s Northeast
NEW YORK, Jan 07 (APP): The first major storm of the winter season has dropped more than a foot of snow in parts of America’s Northeast, and more was on the way.
Heavy to moderate snow is continuing to fall over New York and New England on Sunday before dwindling by Monday morning, forecasters said.
More than 15 million people from the northeastern United States to Northern Arizona were under winter storm warnings on Sunday.
Nearly 700 flights were canceled nationwide Sunday due to the heavy snow blanketing much of the Northeast, according to the FlightAware website.
Meanwhile, a second cross-country system is coming on the heels of this weekend’s storm.
In New York City, flurries fell down before melting, while upper regions saw blankets of snow settle as the first storm of 2024 develops.
Residents of the Northeast have been bracing themselves for a snowstorm that was predicted to bring blizzard conditions and up to 12 inches of snow to major cities.
But while many expected fluffy snow, the reality for New Yorkers was sleet, freezing rain and snow that quickly melted as it touched the ground.
New York City has nearly faced a 700-day snow drought – and this weekend’s flurries aren’t expected to break the streak.








