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Decision to find PIA's strategic partner deferred for six months, says Information Minister

09:10 AM | 4 Feb, 2016
Decision to find PIA's strategic partner deferred for six months, says Information Minister
ISLAMABAD (Staff Report) - Federal Information Minister Pervaiz Rashid has said that Government has the strategy to foil attempts by some political parties to cash on the issue of PIA.

Talking to newsmen in Islamabad on Wednesday, he said representatives of PIA unions met Prime Minister Nawaz Sharif who gave them six months to cooperate in overcoming challenges facing the national flag carrier.

He said the representatives were told that the decision to find a strategic partner is being deferred for six months. The Government would assess the situation during this period and then take a decision.

The Minister said patriotic employees of PIA were cooperating and flights were proceedings as per schedule. He asked what was justification for strike six months ahead of a development. He regretted that some political parties are exploiting the situation for their own ends.

To a question, he questioned what Imran Khan was aiming at by resorting to politics of agitation except creating difficulties for students, patients and workers.

Meanwhile, Information Minister Pervaiz Rashid has emphasized the need for resolution of Kashmir dispute for the sake of sustainable peace in the region and beyond.

He was addressing Kashmir Solidarity Seminar in Islamabad on Wednesday afternoon.

The Minister said there is complete consensus amongst all political parties of Pakistan on Kashmir issue.

He said every person with a conscience is supportive of the fundamental right of self-determination of Kashmiri people.

Ali Zain is a member of the staff at Daily Pakistan Global. He earned BS Communication Studies degree from University of the Punjab. His thesis titled "Cultural Continuity and Mass Media: An analysis of leading online newspapers of Pakistan" has been published as a book in Germany. He has also translated David Mathews' book "The Ecology of Democracy" into Urdu. He tweets at @alimaan.

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PKR rate against US Dollar, Euro, Pound, Riyal - Check 16 April forex rates

Pakistani currency gains momentum against all currencies on April 16, 2024 Tuesday. US dollar was being quoted at 277.9 for buying and 280.85 for selling.

Euro was quoted at 295 for buying and 298 for selling while British Pound stands at 345 for buying, and 349 for selling.

UAE Dirham AED was at 75.4 and Saudi Riyal's new rates was at 73.30. 

Today’s currency exchange rates in Pakistan - 15 April 2024

Currency Symbol Buying Selling
US Dollar USD 277.9 280.85
Euro EUR 295 298
UK Pound Sterling GBP 345 349
U.A.E Dirham AED 75.45 76.2
Saudi Riyal SAR 73.3 74.05
Australian Dollar AUD 182.7 184.5
Bahrain Dinar BHD 739.38 747.38
Canadian Dollar CAD 204 206.2
China Yuan CNY 38.45 38.85
Danish Krone DKK 40.45 40.85
Hong Kong Dollar HKD 35.57 35.92
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.86 1.94
Kuwaiti Dinar KWD 903.91 912.91
Malaysian Ringgit MYR 58.92 59.52
New Zealand Dollar NZD 167.63 169.63
Norwegians Krone NOK 25.38 25.68
Omani Riyal OMR 722.1 730.1
Qatari Riyal QAR 76.35 77.05
Singapore Dollar SGD 206 208
Swedish Korona SEK 25.72 26.02
Swiss Franc CHF 307.11 309.61
Thai Bhat THB 7.61 7.76

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