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China will be our major partner in Afghanistan’s rebuilding, say Taliban

06:44 PM | 3 Sep, 2021
China will be our major partner in Afghanistan’s rebuilding, say Taliban

KABUL – The Taliban have said that China will be their major partner in the development of Afghanistan, a war-torn and landlocked country at the crossroads of Central and South Asia.

Taliban spokesman Zabihullah Mujahid said in an interview to an Italian newspaper that economic future of Afghanistan rests mainly in the hands of China as it had agreed to help rebuild the country.

After the US forces beat a hasty retreat from Afghanistan, the Taliban took control of the country on August 15, ousting the US-backed president Ashraf Ghani’s government.

Afghanistan is facing threats of economic collapse and widespread hunger as a number of Western states have suspended aid to the country.

“China is our major partner and represents a fundamental and extraordinary opportunity for us, because it is ready to invest and rebuild our country,” the Taliban spokesperson was quoted as saying in the interview.

The Taliban spokesperson also appreciated China’s Belt and Road Initiative project and hoped for Afghanistan’s inclusion in it. He said the project would restore the old Silk Road.

He said that Afghanistan has rich copper mines, adding that these resources will be utilized with the help of China. In addition, he said: “China is our pass to markets all over the world.”

He said that there will be no restriction on women's education, adding that women would be able to work as nurses, in the police or as assistants in ministries.

Daily Pakistan Global Web Desk

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Pakistani rupee exchange rate to US dollar, Euro, Pound, Dirham, and Riyal - 26 Feb 2024

Pakistani currency remains stable against US dollar in the open market on February 26, 2024 (Monday).

US Dollar rate in Pakistan

In the open market, the US dollar was being quoted at 279.5 for buying and 282.55 for selling.

Euro currently stands at 302 for buying and 305 for selling while British Pound rate stands at 352.5 for buying, and 356 for selling.

UAE Dirham AED hovers at 76.1 whereas the Saudi Riyal saw slight increase, with new rates at 74.35.

Today’s currency exchange rates in Pakistan - 26 Feb 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 279.5 282.55
Euro EUR 302 305
UK Pound Sterling GBP 352.5 356
U.A.E Dirham AED 76.1 76.8
Saudi Riyal SAR 74.35 75.1
Australian Dollar AUD 181 183
Bahrain Dinar BHD 743.88 751.88
Canadian Dollar CAD 207 209
China Yuan CNY 38.89 39.29
Danish Krone DKK 40.38 40.78
Hong Kong Dollar HKD 35.76 36.11
Indian Rupee INR 3.37 3.48
Japanese Yen JPY 2.1 2.18
Kuwaiti Dinar KWD 908.79 917.79
Malaysian Ringgit MYR 58.6 59.2
New Zealand Dollar NZD 171.68 173.68
Norwegians Krone NOK 26.43 26.73
Omani Riyal OMR 726.53 734.53
Qatari Riyal QAR 76.76 77.46
Singapore Dollar SGD 207 209
Swedish Korona SEK 26.53 26.83
Swiss Franc CHF 317.87 320.37
Thai Bhat THB 7.79 7.94

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