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Asim Saleem Bajwa resigns as CPEC Authority chairman

07:26 PM | 3 Aug, 2021
Asim Saleem Bajwa resigns as CPEC Authority chairman

ISLAMABAD - Asim Saleem Bajwa, the chairman of China Pakistan Economic Corridor (CPEC) Authority,  on Tuesday resigned from his post. 

The former DG ISPR in a couple of tweets said, “I bow my head before Allah Almighty for giving me an opportunity to raise & steer the important institution of CPEC Authority as one window for all CPEC projects, charting the future direction. Wouldn’t have been possible without full confidence& support of the  PM & his Gov”.

He further said that the course is set for future progression of CPEC and this journey will go on.

Terming CPEC a lifeline for Pakistan, he extended wishes to Kahlid Mansoor, who has been appointed as special assistant to PM on CPEC Affairs. 

 Asim Bajwa, who retired as the Commander of Army's Southern Command, said that the multi-billion dollar project "will transform us into a progressive and fully developed country," he added.

Federal Planning Minister Asad Umar has welcomed the appointment of Mansoor. In a tweet, he said: "I welcome khalid mansoor to the team as SAPM for CPEC affairs. His vast corporate experience , with extensive work with Chinese companies and his direct involvement in leading some of the biggest CPEC projects makes him an ideal person to lead the next phase of CPEC". 

He also thanked Bajwa for his services in moving CPEC forward and playing a vital role in broadening of the project’s scope with a transition to second phase of CPEC. “His dedication and commitment was a source of great strength and support,” he said.

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Pakistani rupee exchange rate to US Dollar, Euro, Pound, Dirham, and Riyal - 4 March 2024

Pakistani rupee remains stable against US dollar in the open market on March 4, 2024 (Monday).

US Dollar rate in Pakistan

In the open market, the US dollar was being quoted at 279.3 for buying and 282.45 for selling.

Euro currently stands at 302.5 for buying and 305.5 for selling while British Pound rate stands at 354 for buying, and 359 for selling.

UAE Dirham AED hovers at 76.3 whereas the Saudi Riyal saw slight increase, with new rates at 74.5.

Today’s currency exchange rates in Pakistan - 4 March 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 279.3 282.45
Euro EUR 302.5 305.5
UK Pound Sterling GBP 354 359
U.A.E Dirham AED 76.3 77
Saudi Riyal SAR 74.5 75.3
Australian Dollar AUD 181 183
Bahrain Dinar BHD 737.97 745.97
Canadian Dollar CAD 207 209.2
China Yuan CNY 38.82 39.22
Danish Krone DKK 40.23 40.63
Hong Kong Dollar HKD 35.7 36.05
Indian Rupee INR 3.37 3.48
Japanese Yen JPY 2.1 2.18
Kuwaiti Dinar KWD 901.62 910.62
Malaysian Ringgit MYR 58.49 59.09
New Zealand Dollar NZD 168.97 170.97
Norwegians Krone NOK 26.54 26.84
Omani Riyal OMR 725.68 733.68
Qatari Riyal QAR 76.74 77.44
Singapore Dollar SGD 207 209
Swedish Korona SEK 27.13 27.43
Swiss Franc CHF 314.07 316.57
Thai Bhat THB 7.74 7.89

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