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US reveals strategy for Pakistan before Pompeo's visit

Usman Arshad 02:31 PM | 3 Sep, 2018
US reveals strategy for Pakistan before Pompeo's visit
WASHINGTON - Prior to the arrival of US Secretary of State Mike Pompeo and the US military chief for their first face-to-face talks in Islamabad with the newly installed government under Prime Minister Imran Khan on Wednesday, the Trump administration stressed that Pakistan will have to follow the US strategy in Afghanistan for good bilateral relations.

State Department and the Pentagon have urged Pakistan to use a combination of military and diplomatic pressures to force the Taliban to work with Kabul for restoring peace in Afghanistan.

The Trump administration hopes that a working relationship between the Taliban and Kabul could lead to an honorable withdrawal of US troops from Afghanistan.

Earlier, the Pentagon announced that it was seeking to reallocate $300 million in aid to Pakistan due to Islamabad’s lack of “decisive actions” in support of America’s Afghan strategy.

The US has been pushing Pakistan to crack down on alleged militant safe havens in the country — which Pakistan denies — and announced a freeze on aid at the beginning of the year that an official said could be worth almost $2 billion.

No restoration of US security assistance to Pakistan before the war in Afghanistan ends, more restrictions may be imposed and Washington has serious concerns about Pakistan’s growing economic ties with China, said Assistant Secretary of Defence for Asian and Pacific Security Affairs Randall G. Schriver.

The Trump administration was willing to give Imran Khan and his team some “space” to make their policies, he added.

“In terms of separating what was said during a campaign and what he said since the election, we want to give him (Mr. Khan) space to find the opportunities to improve things with India,” Schriver said.

Mr. Schriver also dispelled the perception that Washington was trying to destabilize Pakistan.

“We are not interested in a failed Pakistan by any stretch of the imagination. So, we want them to be successful,” said the top US official while indicating that Washington could also work with international financial institutions to help boost the ailing Pakistani economy because “economy is going to be the key” to Pakistan’s success.

Meanwhile, Pakistan's Foreign Minister Shah Mehmood Qureshi said Islamabad will promote relations with the US based on mutual trusts, respect and dignity.

The US stoppage of $300 million was the money it owed to Pakistan in Coalition Support Funds (CSF), adding that it cannot be described as American aid.

Talking to media at Foreign Office on Sunday evening, he said Pak-US relations were at the standstill when the new government came to power as the previous government did nothing to improve them.

 

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KARACHI - Following are the foreign currency exchange rates for US Dollar, Saudi Riyal, UK Pound Sterling, U.A.E. Dirham, European Euro, and other foreign currencies in Pakistan open market on January 28, 2023 (Saturday).

Source: Forex Association of Pakistan. (last update 09:00 AM)

Currency Symbol Buying Selling
US Dollar ‎USD 263.9 266.15
Euro EUR 275.75 278.5
UK Pound Sterling GBP 313 316
U.A.E Dirham AED 69.75 70.45
Saudi Riyal SAR 67.25 67.9
Australian Dollar AUD 178.5 180.9
Bahrain Dinar BHD 644.19 652.19
Canadian Dollar CAD 187.5 189.70
China Yuan CNY 35.71 36.11
Danish Krone DKK 35.38 35.78
Hong Kong Dollar HKD 30.94 31.29
Indian Rupee INR 2.97 3.08
Japanese Yen JPY 2.50 2.54
Kuwaiti Dinar KWD 793.10 802.15
Malaysian Ringgit MYR 57.02 57.62
New Zealand Dollar NZD 156.69 158.69
Norwegians Krone NOK 24.46 24.76
Omani Riyal OMR 629.39 637.39
Qatari Riyal ‎QAR 66.54 67.24
Singapore Dollar SGD 184.38 186.38
Swedish Korona SEK 25.31 23.81
Swiss Franc CHF 263.01 265.51
Thai Bhat THB 7.38 7.53

KARACHI – The price of a single tola of 24-karat gold in Pakistan is Rs209,600 on Saturday. The price of 10 grams of 24k gold was recorded at Rs174,990.

Likewise, 10 grams of 22k gold were being traded for Rs157,300 while a single tola of 22-karat gold was being sold at Rs 178,500.

Note: The gold rate in Pakistan is fluctuating according to the international market so the price is never been fixed. The below rates are provided by local gold markets and Sarafa Markets of different cities.

City Gold Silver
Lahore PKR 209,600 PKR 2,220
Karachi PKR 209,600 PKR 2,220
Islamabad PKR 209,600 PKR 2,220
Peshawar PKR 209,600 PKR 2,220
Quetta PKR 209,600 PKR 2,220
Sialkot PKR 209,600 PKR 2,220
Attock PKR 209,600 PKR 2,220
Gujranwala PKR 209,600 PKR 2,220
Jehlum PKR 209,600 PKR 2,220
Multan PKR 209,600 PKR 2,220
Bahawalpur PKR 209,600 PKR 2,220
Gujrat PKR 209,600 PKR 2,220
Nawabshah PKR 209,600 PKR 2,220
Chakwal PKR 209,600 PKR 2,220
Hyderabad PKR 209,600 PKR 2,220
Nowshehra PKR 209,600 PKR 2,220
Sargodha PKR 209,600 PKR 2,220
Faisalabad PKR 209,600 PKR 2,220
Mirpur PKR 209,600 PKR 2,220

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