Children enjoying on trampoline at roadside setup
Rupee gains Rs 1.24 against US Dollar
ISLAMABAD, Jul 11 (APP):Pakistani Rupee on Tuesday gained Rs 1.24 against the US Dollar (USD) in the interbank trading as it closed at Rs 278.56 against the previous day’s closing of Rs 279.80.
However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of dollars in the open market stood at Rs 282 and Rs 284.5 respectively.
The price of the Euro increased by 17 paisa to close at Rs 306.75 against the last day’s closing of Rs 306.58, according to the State Bank of Pakistan (SBP).
The Japanese Yen gained 2 paisa to close at Rs 1.98, whereas an increase of 50 paisa was witnessed in the exchange rate of the British Pound, which traded at Rs 359.01 as compared to its last day’s closing of Rs 358.51.
The exchange rates of the Emirates Dirham and the Saudi Riyal decreased by 33 paisa and 32 paisa to close at Rs 75.84 and Rs 74.26, respectively.
A vendor selling brooms at his roadside setup in Melody to earn some livelihood
Free food being distributed by Islamabad Crescent Lions Club among the deserving people at Poly Clinic
Vendors displaying old vehicles’ engines to attract the customers in shop at Chah Sultan
A painter busy in painting a pedestrian bridge on Islamabad Expressway
Pakistan, China always stand together, extend unflinching support: PM
ISLAMABAD, Jul 11 (APP): Prime Minister Muhammad Shehbaz Sharif on Tuesday said that as ‘Iron Brothers’ and old friends, Pakistan and China always stood together in difficult times and had extended unflinching support to each other on issues of mutual concern.
The prime minister expressed these views during a meeting with Charge d’affaires of the People’s Republic of China Pang Chunxue, who called on him.
The prime minister felicitated Communist Party of China on its 102nd anniversary and thanked the CPC leadership for its firm support to Pakistan’s sovereignty, integrity and economic development, PM Office Media Wing said in a press release.
Recalling his substantive interactions with President Xi Jinping and more recently with Premier Li Qiang, the prime minister appreciated strong personal commitment of the Chinese leadership for strengthening bilateral ties between the two countries.
Noting the upward trajectory in Pakistan-China ties and deepening economic and financial relationship, the prime minister thanked China for its support for Pakistan’s economic stability and expressed his firm commitment to further deepen development cooperation between the two countries under the rubric of Global Development Initiative and CPEC.
Conveying the best wishes and felicitations of the Chinese government for Pakistan, Pang underscored that Pakistan was an all-weather strategic cooperative partner of China and a time-tested friend.
She highlighted that Chinese government and the Communist Party of China accorded a special place to Pakistan in its neighborhood diplomacy and looked forward to further deepening relationship in all fields of bilateral cooperation.
Thanking the prime minister for his virtual participation in the first High Level Forum on Global Development Initiative (GDI), Chinese Charge d’ Affaires expressed China’s resolve to implement GDI projects in Pakistan as envisaged by the leadership of two countries.
She further underscored that CPEC was a flagship project of the Belt and Road Initiative and that Chinese leadership would continue supporting Pakistan’s efforts for developing CPEC as the high-quality demonstration project of the BRI.
She reiterated that China regarded Pakistan as an important economic partner and would continue its efforts for promoting socio-economic development and financial stability of Pakistan.