Women customers selecting and purchasing second hand bags from a roadside vendor at Kohati area
Foreign exchange rates
KARACHI, Dec 07 (APP): The Exchange Rates Committee of Financial Markets Association of Pakistan issued the following Exchange rates bulletin, here on Wednesday.
CONVERSION RATES FOR DECEMBER 07, 2022 FOR FOREIGN CURRENCY FOR FORWARD COVER FOR DEPOSITS (EXCLUDING FE 25 DEPOSITS)
SBP SETTLEMENT VALUE DATE DECEMBER 09, 2022
USD 223.9911
GBP 273.3363
EUR 234.9667
JPY 1.6349
APP/as/
Marriyum castigates Imran for doing ‘dirty politics’ on Kashmir
ISLAMABAD, Dec 07 (APP): Minister for Information and Broadcasting Marriyum Aurangzeb said on Wednesday that Pakistan Tehreek-e-Insaf Chairman Imran Khan who played politics on religion, ran dirty campaign against nation’s martyrs and compromised on national interest when in power, was now doing ‘dirty politics’ on Kashmir.
In a statement in reaction to Imran Khan’s remarks, she said the person who looted the Tosha Khana and sold gifted watches was now doing “dirty and shameless politics” in the name of Kashmir.
“Kashmir seller should not tell Prime Minister Shehbaz Sharif what to do about Kashmir problem”, she said while taking dig at Imran Khan.
She said Imran Khan who did the antics of one hour protest on Kashmir and changed the names of road and chowks while in power, was now playing an unholy game with the national interests.
She said that the Prime Minister of Azad Kashmir, at the instigation of Imran Khan, indulged in a regrettable act during the Mangla Dam refurbishment project ceremony.
Imran Khan, for the sake of bolstering his sinking politics, stooped to a mean and reprehensible trick of giving a negative colour to an event of Azad Kashmir and Pakistan’s progress.
What else can be expected from an “artisan” who harmed national interests by changing the minutes of the cipher, she said while referring to the so called foreign intervention claim of Imran.
The minister lamented that Prime Minister of Azad Kashmir neither cared about his position and nor did he care about the sensitivity of the Kashmir issue.
She said it was not appropriate to use the Kashmir issue for personal and political interests.
Marriyum Aurangzeb said Prime Minister Azad Kashmir deliberately interfered during the speech of Prime Minister Shehbaz Sharif who gently told him that “we will sit down and talk”.
Prime Minister Shehbaz Sharif also told him that if there was any problem, he will solve it with the Prime Minister of Azad Kashmir, she said.
Prime Minister Shehbaz Sharif has vigorously advocated and highlighted Kashmir cause and the interests of Kashmiris at every international forum including the United Nations General Assembly and Shanghai Cooperation Organization, she said.
She wished the Prime Minister of Azad Kashmir to show this courage in front of his leader Imran Khan.
Due to the incompetence, inefficiency and conspiracy of the “Kashmir seller”, India had the courage to take the illegal action of August 5, 2019, she remarked.
She reminded that Imran Khan had prayed for Modi’s victory in 2019 Indian elections and claimed that the Kashmir issue will be resolved if Modi was re-elected.
She maintained that entire nation was united and had one voice on the Jammu and Kashmir conflict.
Japan to provide an additional grant of $ 38.9 million for flood victims
ISLAMABAD, Dec 7 (APP): The government of Japan has announced its plan to provide grant assistance of $ 38.9 million to Pakistan as part of Japan’s supplementary budget to deliver life-saving aid to the flood victims.
The government of Japan will support the affected population in various social and economic dimensions in partnership with WHO, UNFPA, FAO, UNDP, UNICEF, WFP, UNWOMEN, UNHCR, and IPPF in Sindh, Khyber Pakhtunkhwa, Balochistan, and Punjab provinces, as well as the Islamabad Capital Territory, said a statement issued here by the Embassy of Japan on Wednesday.
For the total grant assistance of USD 34.2 million, the proposed areas of support include emergency medical assistance, food distribution, agriculture and livestock restoration, livelihood recreation, and gender-based violence risk mitigation and response.
To ensure the rapid roll-out to reach the most vulnerable, these projects will commence in January 2023.
Japan will also provide support through JICA, equivalent to USD 4.7 million, for recovery from the floods in health, agriculture, education, gender, and resilient disaster management, thereby contributing to “Build Back Better” in Pakistan, the statement added.
It is pertinent to mention here that Japan provided USD 7 million as an emergency grant to address the immediate impact of the floods in September 2022.
The government of Japan, with a long-standing partnership with Pakistan, stands ready to support the people of Pakistan to overcome the ongoing humanitarian crisis.
The unprecedented levels of flooding have triggered a multi-dimensional humanitarian crisis, leaving the affected population with increased health risks and food insecurity, insecure livelihoods, and heightened vulnerabilities to gender-based violence.
Largest-ever Pak-Australia parliamentary friendship group established at Australian parliament
CANBERRA (Australia), Dec 7 (APP): The largest-ever Australia-Pakistan Parliamentary Friendship Group with 38 members has been established at the 47th Parliament of Australia.
The group comprises members from both the Houses of the Australian Parliament – the Senate and the House of Representatives with representation from all the Australian States.
The Parliamentary Friendship Group is chaired by Maria Vamvakinou MP from the ruling Australian Labor Party (ALP), while Rowan Ramsey MP from the opposition Liberal Party is the vice chair.
The other members of the group include Deputy Prime Minister and Defence Minister Richard Marles MP, President of the Senate Senator Susan Lines, Speaker of the House of Representatives Dugald Milton Dick, MP; former Foreign Minister Senator Marise Payne and former Defence Minister Senator Linda Reynolds.
High Commissioner to Australia Zahid Hafeez Chaudhri in a statement said the establishment of Pakistan-Australia Parliamentary Friendship Groups highlights the significance of friendly and cooperative relations between the two countries.
He said in addition to promoting parliamentary cooperation, these groups will also help further strengthen bilateral relations and expand cooperation in multiple areas.
Pakistan and Australia have maintained friendly and cooperative relations since the establishment of diplomatic ties between the two countries soon after Pakistan gained independence in 1947. The bilateral cooperation over the past 75 years has extended to the areas of politics; trade and investment, defence and security, science and technology, social and economic development, education, agriculture, sports, tourism, and the environment. The two countries have established multiple institutional mechanisms to discuss ongoing cooperation and explore new avenues of future collaboration. The presence of over 100,000 strong Pakistani Diaspora in Australia acts as a strong bridge between the two countries and their peoples.
In Pakistan, both the Senate and the National Assembly have separate Pakistan-Australia Parliamentary Friendship Groups. Senator Anwaar-ul-Haq Kakar is the Convener of the Group in the Senate, while Speaker of the National Assembly Raja Pervez Ashraf, MNA is the President and Minister for Information and Broadcasting Marriyum Aurangzeb, MNA is the Convener.
IRSA releases 82,100 cusecs water
ISLAMABAD, Dec 7 (APP): Indus River System Authority (IRSA) on Wednesday released 82,100 cusecs water from various rim stations with inflow of 41,800 cusecs.
According to the data released by IRSA, water level in River Indus at Tarbela Dam was 1502.58 feet and was 104.58 feet higher than its dead level of 1,398 feet. Water inflow and outflow in the dam was recorded as 20,800 cusecs while outflow as 46,000 cusecs.
The water level in River Jhelum at Mangla Dam was 1131.20 feet, which was 81.20 feet higher than its dead level of 1,050 feet. The inflow and outflow of water was recorded 6,900 cusecs and 22,000 cusecs respectively.
The release of water at Kalabagh, Taunsa , Guddu and Sukkur was recorded 50,000, 40,900, 30,500 and 12,200 cusecs respectively. Similarly, from River Kabul, a total of 9,100 cusecs of water released at Nowshera and 2,000 cusecs released from River Chenab at Marala.
Currency rates of NBP
KARACHI, Dec 07 (APP): Following are the selling/buying
rates Of major currencies issued by the National Bank of Pakistan (NBP), here on Wednesday.
CURRENCY SELLING BUYING
USD 226.85 221.86
GBP 275.37 269.30
EUR 237.43 232.65
JPY 1.6548 1.6183
SAR 60.42 58.94
AED 61.78 60.80
EXCHANGE RATES FOR CURRENCY NOTES
KARACHI, Dec 07 (APP): CURRENCY SELLING BUYING
USD 226.85 221.86
GBP 275.37 269.30
EUR 237.43 232.65
JPY 1.6548 1.6183
SAR 60.42 58.94
AED 61.78 60.80
LIBOR
LIBOR FOR CALCULATING INTEREST ON SPECIAL USD BONDS
LIBOR 1M 4.21729
LIBOR 3M 4.72343
LIBOR 6M 5.18686
US DOLLAR Indicative FBP Rates
CURRENCY SIGHT/
15 DAYS 1M 2M 3M 4M 5M 6M
USD 223.03 221.99 219.30 216.75 214.26 211.80 209.47
EUR 233.67 232.97 230.66 228.42 226.35 224.18 222.15
GBP 270.82 269.76 266.71 263.73 260.93 258.08 255.39
NBP Exchange Rates
KARACHI, Dec 07 (APP): Treasury Management Division of
National Bank of Pakistan (NBP) on Wednesday issued the following
exchange rates.
CURRENCY SYMBOL TT Selling TT Buying
U.S DOLLAR USD 224.60 224.10
EURO EUR 235.53 235.00
JAPANESE YEN JPY 1.6385 1.6348
BRITISH POUND GBP 272.64 272.04
SWISS FRANC CHF 238.38 237.85
CANADIAN DOLLAR CAD 164.58 164.22
AUSTRALIAN DOLAR AUD 150.34 150.01
SWEDISH KRONA SEK 21.68 21.63
NORWEGIAN KRONE NOK 22.41 22.36
DANISH KRONE DKK 31.61 31.54
NEWZEALAND DOLLAR NZD 142.09 141.78
SINGAPORE DOLLAR SGD 165.32 164.95
HONGKONG DOLLAR HKD 28.96 28.90
KOREAN WON KRW 0.1701 0.1698
CHINESE YUAN CNY 32.36 32.29
MALAYSIAN RINGGIT MYR 51.02 50.90
THAI BAHT THB 06.41 06.40
U.E.A DIRHAM AED 61.58 61.45
SAUDI RIYAL SAR 59.82 59.68
QATAR RIYAL QAR 61.70 61.57
KUWAITI DINAR KWD 732.57 730.95
CONVERSION RATE FOR FROZEN FCY DEPOSITS
USD 223.9911
GBP 273.3363
EUR 234.9667
JPY 1.6349
SETTLEMENT DATE: 09-12 2022
UNGA adopts Pakistan-piloted resolution to bolster UN’s relief system, as disasters multiply
UNITED NATIONS, Dec 07 (APP): The United Nations General Assembly Tuesday adopted a resolution, submitted by Pakistan on behalf of the Group of 77 (developing countries) and China, to bolster the UN’s hard-pressed humanitarian system struggling to help people hit by increasing natural disasters and other crises around the world.
Under the terms of the resolution “International cooperation on humanitarian assistance in the field of natural disasters, from relief to development”, the 193-member Assembly recognized the relationship between emergency response, rehabilitation, and development, as well as the need to ensure a smooth transition between the three stages.
Pakistan is the current chairman of G77 and China, which now has 134 members and is the United Nations’ biggest intergovernmental group of emerging countries.
Introducing the draft, Ambassador Aamir Khan, deputy permanent representative of Pakistan to the UN, stressed the importance of assisting countries and people affected by natural disasters.
Underlining the importance of early action to minimize the impact of natural disasters, the draft recognizes the special financial needs of countries facing compound risks caused by humanitarian emergencies, natural disasters and climate change.
In his remarks, Ambassador Aamir Khan emphasized that emergency assistance must ensure long-term support to affected countries.
This year, the text contains new paragraphs that aim to further strengthen humanitarian assistance, prevention, preparedness, response and recovery efforts to help minimize the loss of lives and damage caused by natural disasters.
It encourages efforts to identify best practices to ensure humanitarian response and mitigate the humanitarian impact of natural disasters, the Pakistani envoy said, pointing to increased efforts to prevent famine, food insecurity and malnutrition related to natural disasters.
The draft also incorporated mental health support services into disaster response and recovery.
In opening remarks, the General Assembly President, Csaba Korosi, said the meeting on strengthening the coordination of emergency and humanitarian assistance of the United Nations could not come at a more fitting moment, as the world today is in a permanent state of humanitarian crisis. “We are breaking all the wrong records,” he said.