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Exchange rates for currency notes

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KARACHI, Sep 05 (APP):            CURRENCY                 SELLING                       BUYING
USD                       309.06                          302.45
GBP                        390.03                          381.63
EUR                        333.39                          326.85
JPY                         2.1060                           2.0609
SAR                          82.39                            80.63
AED                           84.16                            82.90

LIBOR
LIBOR FOR CALCULATING INTEREST ON SPECIAL USD BONDS
LIBOR 1M 5.44335
LIBOR 3M 5.66391
LIBOR 6M 5.88150

US DOLLAR Indicative FBP Rates

CURRENCY SIGHT/
15 DAYS 1M 2M 3M 4M 5M 6M

USD 304.92 304.32 302.76 301.21 299.15 297.13 295.42

EUR 329.13 328.78 327.54 326.33 324.84 323.12 321.70

GBP 384.78 384.02 382.07 380.08 377.59 374.98 372.76

 

NBP Exchange Rates

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Dollar rates

KARACHI, Sep 05 (APP): The Treasury Management Division of the National Bank of Pakistan (NBP) on Tuesday issued the following
exchange rates.

CURRENCY SYMBOL TT Selling TT Buying
U.S DOLLAR USD 306.00 305.50
EURO EUR 330.70 330.16
JAPANESE YEN JPY 2.0851 2.0817
BRITISH POUND GBP 386.17 385.54
SWISS FRANC CHF 345.72 345.16
CANADIAN DOLLAR CAD 224.77 224.40
AUSTRALIAN DOLAR AUD 196.76 196.44
SWEDISH KRONA SEK 27.89 27.84
NORWEGIAN KRONE NOK 28.75 28.70
DANISH KRONE DKK 44.29 44.22
NEWZEALAND DOLLAR NZD 181.16 180.86
SINGAPORE DOLLAR SGD 225.44 225.07
HONGKONG DOLLAR HKD 39.19 39.13
KOREAN WON KRW 0.2309 0.2305
CHINESE YUAN CNY 42.17 42.10
MALAYSIAN RINGGIT MYR 65.69 65.58
THAI BAHT THB 08.65 08.63
U.A.E DIRHAM AED 83.90 83.76
SAUDI RIYAL SAR 81.58 81.44
QATAR RIYAL QAR 83.95 83.81
KUWAITI DINAR KWD 992.19 990.56

CONVERSION RATE FOR FROZEN FCY DEPOSITS
USD 305.5338
GBP 385.767
EUR 329.9154
JPY 2.0866

SETTLEMENT DATE: 07-09-2023

APP/msq

AGP Awan attends SCO Member States Justice Ministers meeting

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AGP Mansoor Awan

SHANGHAI, Sep 5 (APP): Attorney General for Pakistan, Mansoor Usman Awan participated in the 10th Ministers of Justice Meeting of the member countries of Shanghai Cooperation Organization (SCO) held in Shanghai, China on Tuesday.

Talking to APP, after the opening ceremony, he said that Pakistan attaches great importance to the SCO.
“We have great strategic and economic ties with China and China being leader of SCO and also of course, the inclusion of other regional countries, including Russia and Iran, I think, this organization offers a great opening for Pakistan,” he added.

He opined that it is time now that the economic ties with SCO member countries get to grow deeper.
Mansoor Awan said that in order to bolster investment in Pakistan from SCO member states, there is great significance to this conference.

“Pakistan now needs to earnestly focus on developing an efficient answer to the investors concerns in the sense that the alternative dispute resolution system has to now evolve and respond and answer the needs of the investors of these countries,” he added.

The attorney general emphasized that Pakistan needs to take substantive and concrete steps to make sure that the foreign investors particularly from SCO member countries feel confident that the legal system for Pakistan adequately protects their investments.

Earlier, in his welcome address, Chinese Justice Minister, He Ring said that this year marks the 10th anniversary of the establishment of the mechanism of SCO Justice Ministers meeting.

With the aim of advancing rule of law construction, enhancing security cooperation, fostering economic and trade collaboration and promoting cultural exchanges among the SCO member states, China is hosting this important conference, he added.

SCO Secretary General, Chang Ming also addressed the participants.
The theme of the forum is “Deepening Legal Service Cooperation to Boost Regional Economic and Trade Development.”

Two subtopics within the theme included “Legal Service and Economic and Trade Cooperation” and “Promoting Legal Service Modernization through Modern Science and Technology.”
The Justice Ministers of China, Russia, Kazakhstan, Kyrgyzstan, Tajikistan, Uzbekistan, India and Iran attended the conference.

A total of 300 representatives home and abroad participated in the forum including government officials, and professionals from the legal service industry, academia and business sectors.

Through efforts, US and Pakistan brought their ties back on ‘even keel’: Masood Khan

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Masood Khan

WASHINGTON, Sep 05 (APP): Pakistan and the United States have succeeded in developing and retaining their cooperation in the realm of security and expansion of economic ties following intense efforts over the past two years, Ambassador Masood Khan has said.

Speaking at Global Santa Fe, a think-tank of the US state of New Mexico, he said although the Biden administration has withdrawn its troops from Afghanistan and decreased its footprint in that region, the threat of terrorism was still potent, as TTP terrorists were killing Pakistanis.

The event in Santa Fe was chaired by the President of the Global Santa Fe, Mark Asquino,

“We have lost more than 1500 people since US withdrew its troops from Afghanistan,” he told the gathering of academics, members of thin-tanks, former diplomats and community leaders.

“But,”, he said, “the United States and Pakistan have resolved to eliminate this menace together through cooperation in counter-terrorism,”

Pakistan and United States, Masood Khan said have a shared responsibility to steer Afghanistan towards stabilization because the stability that entire region depends on the stableness in Afghanistan.

“So it is a common objective.”

The withdrawal of troops from Afghanistan was a traumatic experience for the United States as well as for the region, he said.

“There was uncertainty following that about Pakistan-United States relations,” the ambassador said, declaring that that uncertainty has been removed.

“The US and Pakistan are now fully engaged”, he said.

“The doubters and skeptics at that time said that Pakistan-US relations have no future. The Biden Administration and Pakistan Government have proved the doubters wrong. We have re-engaged and recalibrated our relationship. We have brought this relationship back to an even keel.”

Recounting $450 million Foreign Military Sale (FMS) to Pakistan for F-16 sustainment and related equipment, the biggest donation of COVID vaccines during the pandemic and generous assistance during last year’s devastating floods, Masood Khan said, “We need to reinvest in the relationship with immense energy so that it is beneficial for our peoples.”

He also referred to the recent high-level engagements and dialogues on climate change, renewable energy, health, anti-narcotics and counter-terrorism that clearly suggest a new phase of Pakistan-US relations in the post withdrawal period.

Masood Khan stressed the need for promoting people-to-people contacts and strengthening economic, trade and investment ties, terming it the future of the relationship.

He invited entrepreneurs and business community to invest in Pakistani startups, science, engineering, technology, extractive industry, healthcare, pharmaceuticals and others for reaping benefit of a large market of Pakistan and its surrounding region.

He also lauded New Mexico’s top leadership for its strong support to Pakistani community and providing them with an enabling environment to get themselves integrated into the mainstream.

Masood Khan said that he was encourage by positive response toward the idea for establishing sister-city agreement to institutionalize relations at the state level.

He expressed the hope that his exploratory visit, the first-ever visit to New Mexico by a Pakistani Ambassador, would help promoting people-to-people exchanges and cementing economic ties with New Mexico.

Caretaker Federal Minister for National Health Services, Dr.Nadeem Jan Inaugurating Isolation Hospital at Allama Iqbal International Airport

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Caretaker Federal Minister for National Health Services, Dr.Nadeem Jan Inaugurating Isolation Hospital at Allama Iqbal International Airport
APP61-040923 LAHORE : September 04 – Caretaker Federal Minister for National Health Services, Dr.Nadeem Jan Inaugurating Isolation Hospital at Allama Iqbal International Airport. APP/ZID
Caretaker Federal Minister for National Health Services, Dr.Nadeem Jan Inaugurating Isolation Hospital at Allama Iqbal International Airport
APP61-040923
LAHORE
Caretaker Federal Minister for National Health Services, Dr.Nadeem Jan Inaugurating Isolation Hospital at Allama Iqbal International Airport
APP62-040923
LAHORE

Woman selecting and purchasing old clothes at Landa Bazaar

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Woman selecting and purchasing old clothes at Landa Bazaar
APP34-040923 LAHORE: September 04 – Woman selecting and purchasing old clothes at Landa Bazaar. APP/MHA/TZD/FHA
Woman selecting and purchasing old clothes at Landa Bazaar
APP34-040923
LAHORE
Woman selecting and purchasing old clothes at Landa Bazaar
APP35-040923
LAHORE

Student Painter giving final touch to her artwork on the upcoming occasion of Defence Day at Arts Council Alhamra Art Gallery

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Student Painter giving final touch to her artwork on the upcoming occasion of Defence Day at Arts Council Alhamra Art Gallery
APP32-040923 LAHORE: September 04 - Student Painter giving final touch to her artwork on the upcoming occasion of Defence Day at Arts Council Alhamra Art Gallery. APP/AHF/TZD/FHA
Student Painter giving final touch to her artwork on the upcoming occasion of Defence Day at Arts Council Alhamra Art Gallery
APP32-040923
LAHORE
Student Painter giving final touch to her artwork on the upcoming occasion of Defence Day at Arts Council Alhamra Art Gallery
APP33-040923
LAHORE

Chief Minister Gilgit-Baltistan Haji Gulbar Khan Addressing a press conference

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Chief Minister Gilgit-Baltistan Haji Gulbar Khan Addressing a press conference
APP51-040923 GILGIT: September 04 - Chief Minister Gilgit-Baltistan Haji Gulbar Khan Addressing a press conference. APP/AHS/FHA
Chief Minister Gilgit-Baltistan Haji Gulbar Khan Addressing a press conference
APP51-040923
GILGIT

Caretaker Minister Balochistan Mir Muhammad Zubir Jamali pays visit to Central Police Office

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Caretaker Minister Balochistan Mir Muhammad Zubir Jamali pays visit to Central Police Office
APP39-040923 QUETTA: September 04 - Caretaker Minister Balochistan Mir Muhammad Zubir Jamali pays visit to Central Police Office. APP/TZD/ZID
Caretaker Minister Balochistan Mir Muhammad Zubir Jamali pays visit to Central Police Office
APP39-040923
QUETTA
Caretaker Minister Balochistan Mir Muhammad Zubir Jamali pays visit to Central Police Office
APP40-040923
QUETTA

SIFC’s 4th Executive Committee meeting at PM Secretariat

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SIFC’s 4th Executive Committee meeting at PM Secretariat
APP59-040923 ISLAMABAD: September 04 – SIFC’s 4th Executive Committee meeting at PM Secretariat. APP/ZID
SIFC’s 4th Executive Committee meeting at PM Secretariat
APP59-040923
ISLAMABAD