KARACHI, Aug 16 (APP): Following were the Opening Rates of
foreign currencies in kerb market issued by the Forex Association
of Pakistan (FAP), here on Wednesday.
F.C. LOW RATE HIGH RATE
U.S $ (Inter Bank) 292.00 293.30
U.S $ (Cash Free Market) 299.00 302.00
SAUDIA RIYAL 80.00 80.80
UAE DIRHAM 82.00 82.80
EURO 325.00 328.20
UK POUND 379.00 382.80
AUD $ 200.00 204.00
CAD $ 220.00 224.00
CHINESE YUAN 43.00 45.00
APP/as/
BEIJING, Aug. 16 (APP): The relevant Pakistani authorities have completed all arrangements to hold the mango gala at the China-Eurasia Commodity and Trade Expo starting from Thursday in Urumqi, the capital city of Xinjiang Uyghur Autonomous Region.
The king of fruits from Pakistan will be exhibited at the Pakistan pavilion set up at the expo scheduled to be held from August 17 to 21, Commercial Counselor, Pakistan Embassy, Beijing, Ghulam Qadir said here on Wednesday.
Pakistani traders would get a great opportunity to market different kinds of mangoes and attract Chinese buyers during the expo.
Pakistani mangoes are in big demand in China and have already generated huge responses in several Chinese cities like Guangzhou, Chengdu and Beijing, and added, the expo would help further increase the export of our mangoes to China, he told APP.
Ghulam Qadir informed that the Senate of Pakistan will hold the mango exhibition at the invitation of the government of Urumqi.
Senator Rana Mehmood Ul Hassan Khan will lead a six-member delegation of the Senate of Pakistan at the opening ceremony of the expo.
Responding to a question, he said that with the exhibition, we want to reach out to the Chinese companies which are interested in procuring mangoes from Pakistan and introducing this lovely fruit in China.
Our main objective is to encourage the Chinese enterprises to come to Pakistan and invest and modernize infrastructure, he said.
With their help, Pakistan farmers could improve farming practices to enhance mango production and make better use of this fruit through value addition.
The commercial counsellor said that Pakistan lacks cold storage facilities and the Chinese companies could set up such facilities like in China to increase the shelf life of mango which will be useful.
He said that the relevant Pakistani and Chinese authorities are discussing ways and means to enhance mango trade between the two countries through land routes.
The representatives of 1,300 businesses in 40 countries including Pakistan will gather for the fourth edition of the expo which aims to deepen cooperation between Asia and Europe.
On the sidelines of the expo will be trade talks, forums and workshops on regional economic cooperation.
This year’s expo will focus on trade promotion and we will host a record 33 trade talks, panel discussions and workshops to promote trade, investment and industrial cooperation.
The event will also feature a seminar on the development of industries and commerce along the Silk Road.
Guests from the five Central Asian countries and about 300 Chinese and international businesspeople will participate in the seminar, which will highlight the role of private businesses and provide a platform to expand Xinjiang’s cooperation with other Chinese regions and neighbouring countries.
Over 1,300 businesses have confirmed their participation in the expo, including 25 of the world’s top 500 companies. A total of 40 countries and regions and seven international organizations will send representatives.
KARACHI, Aug 16 (APP): CURRENCY SELLING BUYING
USD 294.82 288.49
GBP 374.44 366.37
EUR 321.63 315.28
JPY 2.0266 1.9830
SAR 78.70 76.82
AED 80.29 79.06
LIBOR
LIBOR FOR CALCULATING INTEREST ON SPECIAL USD BONDS
LIBOR 1M 5.42709
LIBOR 3M 5.63344
LIBOR 6M 5.86022
US DOLLAR Indicative FBP Rates
CURRENCY SIGHT/
15 DAYS 1M 2M 3M 4M 5M 6M
USD 290.77 290.05 287.63 285.68 283.69 281.12 279.15
EUR 317.39 316.87 314.67 313.02 311.24 309.09 307.38
GBP 369.30 368.43 365.35 362.83 360.23 357.01 354.37
APP/as/
KARACHI, Aug 16 (APP): The Treasury Management Division of the National Bank of Pakistan (NBP) on Wednesday issued the following
exchange rates.
CURRENCY SYMBOL TT Selling TT Buying
U.S DOLLAR USD 291.90 291.40
EURO EUR 319.03 318.48
JAPANESE YEN JPY 2.0065 2.0031
BRITISH POUND GBP 370.74 370.10
SWISS FRANC CHF 332.37 331.80
CANADIAN DOLLAR CAD 216.26 215.89
AUSTRALIAN DOLAR AUD 188.34 188.01
SWEDISH KRONA SEK 27.00 26.96
NORWEGIAN KRONE NOK 27.73 27.68
DANISH KRONE DKK 42.74 42.66
NEWZEALAND DOLLAR NZD 174.15 173.85
SINGAPORE DOLLAR SGD 214.83 214.46
HONGKONG DOLLAR HKD 37.44 37.38
KOREAN WON KRW 0.2183 0.2179
CHINESE YUAN CNY 40.05 39.98
MALAYSIAN RINGGIT MYR 62.92 62.82
THAI BAHT THB 08.23 08.22
U.E.A DIRHAM AED 80.04 79.90
SAUDI RIYAL SAR 77.92 77.78
QATAR RIYAL QAR 80.20 80.07
KUWAITI DINAR KWD 950.32 948.69
CONVERSION RATE FOR FROZEN FCY DEPOSITS
USD 291.3938
GBP 369.6039
EUR 318.202
JPY 1.9982
SETTLEMENT DATE: 18-08-2023
APP/as
WASHINGTON, Aug 15 (APP): The United States, noting the appointment of Senator Anwaar-ul-Haq Kakar as Pakistan’s interim prime minister, has reaffirmed its support in areas of mutual interest, including the conduct of free and fair elections, State Department Deputy Spokesperson Vedant Patel said on Tuesday.
Responding to a question from the correspondent of a private Pakistani television channel at his daily press briefing, the spokesperson said that the U.S. looks forward to working with the interim prime minister and his team.
“We, of course, will continue to partner with Pakistan on areas of mutual interest, including our interest in Pakistan’s economic stability, prosperity, and security, and the conduct of free and fair elections and the respect for democracy and the rule of law.”
Kakar was sworn in on Monday as the prime minister to head a caretaker government that will oversee parliamentary elections during the country’s most challenging period in the economic field.
UNITED NATIONS, Aug 15 (APP): The head of the UN agency that champions gender equality on Tuesday urged the international community to continue pressing for change in Afghanistan, accusing the Taliban of imposing “the most comprehensive, systematic, and unparalleled assault on the rights of women and girls” across the country.
Sima Bahous, Executive Director of UN Women, made the appeal in a statement marking two years since the Taliban regained control of the country.
“Through over 50 edicts, orders and restrictions, the Taliban have left no aspect of women’s lives untouched, no freedom spared. They have created a system founded on the mass oppression of women that is rightly and widely considered gender apartheid,” she said.
“I urge the Taliban to reconsider and to weigh the cost of these acts for Afghanistan’s present and future.”
Ms. Bahous underscored UN Women’s unwavering and unshakeable commitment to the nation’s women and girls.
She said the agency’s work there is anchored in its fundamental relationships with women, who have described how these “misguided, cruel and ultimately self-defeating” measures have affected their lives.
“Despite these challenges, Afghan women also tell me that they will not give up or give in. They will continue to lead the struggle against their oppression,” she said.
“In the face of the most hostile of circumstances they speak out against the violations, deliver lifesaving services, own and operate businesses, and run women’s organizations. Their bravery must inspire us to greater action, their example to renewed determination.”
Ms. Bahous appealed for greater support to Afghan women – from elevating their voices, priorities and recommendations, to funding the services they need, and supporting their businesses and organizations.
“I urge the international community to continue to apply every pressure and employ every means at their disposal to press for change, including by answering the call of the humanitarian community and fully funding the humanitarian appeal for Afghanistan,” she said.
The UN human rights High Commissioner, Volker Turk, used the occasion to remind the de facto authorities of their obligation to uphold the rights of all, including women and girls.
UN human rights staff continue to work in Afghanistan monitoring, documenting and advocating across a range of human rights issues, including fundamental freedoms, the protection of civilians in armed conflict and the rights of detainees.
“We are engaging with the de facto authorities on these issues and remind them of their obligations under international human rights law,” said Liz Throssell, a spokesperson with the UN human rights office, OHCHR, in Geneva.
The High Commissioner urged the international community not to forget the plight of all Afghans.
RAWALPINDI, Aug 16 (APP): The Security Forces on Tuesday killed two active terrorists in an intense exchange of fire during an intelligence-based operation (IBO) conducted on the reported presence of terrorists in the general area of Razmak, North Waziristan District.
The IBO was carried out by the forces on the night of August 14-15 during the conduct of the operation, security forces surrounded the terrorists’ location and after an intense fire exchange, terminated the two terrorists, an Inter-Services Public Relations (ISPR) news release said.
The forces also recovered weapons and ammunition from the killed terrorists, who remained actively involved in terrorist activities against security forces as well as extortion and target killing of innocent citizens.
“Sanitization of the area is being carried out to eliminate any other terrorists found in the area,” it said.
The locals of the area appreciated the operation and expressed their full support to eliminate the menace of terrorism, the ISPR said.
Serving the nation since 1947 by providing an accurate, objective, uninterrupted flow of news to the people, the national news service is pursuing a comprehensive strategy to transform the existing news operations into a forward-looking service – APP Digital for its diverse subscriber-base and the public.
Contact us: news@app.com.pk
Copyright © Associated Press of Pakistan