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Pakistan PM meets Chinese President with ‘Iron brothers’ agreeing to deepen CPEC development

10:06 AM | 2 Nov, 2022
Pakistan PM meets Chinese President with ‘Iron brothers’ agreeing to deepen CPEC development
Source: Government of Pakistan (Twitter)

ISLAMABAD/BEIJING – Prime Minister Shehbaz Sharif called on Chinese President Xi Jinping during his maiden visit and discuss regional and global developments, especially the revitalization of the Pak-China flagship project CPEC.

A statement issued by Prime Minister’s office said PM Shehbaz and the Chinese President agreed to promote their multidimensional cooperation under CPEC and further strengthen their strategic partnership.

The two leaders met on Wednesday with a special focus on bilateral cooperation mainly in the industrial sector.

Pakistani PM is reportedly among the first leaders to visit China since President Xi Jinping secured a third term as general secretary at the Chinese Communist Party’s 20th party congress.

Besides meeting the Chinese President, PM Sharif would also call on Premier Li Keqiang, Chinese investors, and Pakistani businessmen separately today, per the Prime Minister’s office.

A high-level delegation of the federal cabinet, special assistants, and senior government officials accompanied the premier on his visit to a neighboring country.

Sharif gets red carpet welcome during maiden visit to China

The Pakistani PM, upon his arrival at the Beijing Capital International Airport, received a red carpet welcome with a smartly turned-out contingent of the Chinese forces presenting him with the guard of honor.

Daily Pakistan Global Web Desk

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Currency Rates in Pakistan Today - Pak Rupee to US Dollar, Euro, Dirham, Riyal 16 May 2024

Pakistani currency rates against US Dollar and other currencies on May 16, 2024 (Thursday) in open market.

USD to PKR rate today

US dollar was being quoted at 277.15 for buying and 279.95 for selling.

Euro stands at 296.25 for buying and 299 for selling while British Pound rate is 344.5 for buying, and 348 for selling.

UAE Dirham AED was at 75.15 and Saudi Riyal came down to 73.50.

Today’s currency exchange rates in Pakistan - 16 May 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 277.15 279.95
Euro EUR 296.25 299
UK Pound Sterling GBP 344.5 348
U.A.E Dirham AED 75.15 75.9
Saudi Riyal SAR 73.5 74.2
Australian Dollar AUD 180.5 182.2
Bahrain Dinar BHD 739.77 747.77
Canadian Dollar CAD 203 205
China Yuan CNY 38.49 38.89
Danish Krone DKK 40.25 40.65
Hong Kong Dollar HKD 35.61 35.96
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.91 1.99
Kuwaiti Dinar KWD 904.28 913.28
Malaysian Ringgit MYR 58.69 59.29
New Zealand Dollar NZD 167.45 169.45
Norwegians Krone NOK 25.67 25.97
Omani Riyal OMR 722.59 730.59
Qatari Riyal QAR 76.41 77.11
Singapore Dollar SGD 203 205
Swedish Korona SEK 25.67 25.97
Swiss Franc CHF 306.51 309.01
Thai Bhat THB 7.57 7.72

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