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US warship to remain in Persian Gulf as Iran ramps up uranium enrichment

09:54 PM | 4 Jan, 2021
US warship to remain in Persian Gulf as Iran ramps up uranium enrichment

TEHRAN – Iran says it has resumed twenty percent uranium enrichment at its underground Fordow nuclear facility.

The government spokesman Ali Rabeie said in a statement that the process of producing 20 percent enriched uranium has started in Fordow enrichment complex, according to semi-official news agency Mehr and state news agency IRNA.

Iran currently enriches its uranium stockpile up to around 4.5%, which is above the 3.67% cap imposed by the 2015 pact with world powers, but far short of the 90% that is considered weapons-grade. Iran has continually denied it intends to assemble nuclear weapons.

The country had informed the International Atomic Energy Agency (IAEA) of its intent to enrich uranium at 20%, according to IAEA spokesman Fredrik Dahl.

Iran also seized a South Korean-flagged chemical tanker on Monday, according to semi-official Iranian news agencies, for "creating environmental and chemical pollution in the Persian Gulf."

Both moves came a day after the one-year anniversary of the US killing of top Iranian general Qasem Soleimani, and less than three weeks before the end of Donald Trump's presidency.

As tensions continue to rise, United States has said that it's aircraft carrier USS Nimitz would remain in the Middle East waters due to "threats from Iran".

Acting Defense Secretary Chris Miller said in a statement that the USS Nimitz will now remain on station in Central Command area of operations.

Daily Pakistan Global Web Desk

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Pakistani rupee exchange rate against US dollar, Euro, Pound and Riyal - 22 February 2024

Pakistani rupee remains stable against US dollar and other currencies in the open market on February 22, 2024 (Thursday)

US Dollar rate in Pakistan

In the open market, the US dollar was being quoted at 279.6 for buying and 282.4 for selling.

Euro comes down to 300.2 for buying and 303.2 for selling while British Pound rate stands at 350.6 for buying, and 354.1 for selling.

UAE Dirham AED hovers at 76.2 whereas the Saudi Riyal saw slight increase, with new rates at 74.45.

Today’s currency exchange rates in Pakistan - 22 Feb 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 279.6 282.4
Euro EUR 300.2 303.2
UK Pound Sterling GBP 350.6 354.1
U.A.E Dirham AED 76.2 76.95
Saudi Riyal SAR 74.45 75.2
Australian Dollar AUD 181.15 183.15
Bahrain Dinar BHD 743.32 751.32
Canadian Dollar CAD 207.15 209.15
China Yuan CNY 38.89 39.29
Danish Krone DKK 40.38 40.78
Hong Kong Dollar HKD 35.74 36.09
Indian Rupee INR 3.37 3.48
Japanese Yen JPY 2.10 2.18
Kuwaiti Dinar KWD 902.41 911.41
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 725.96 733.96
Qatari Riyal QAR 76.76 77.46
Singapore Dollar SGD 207.1 209.1
Swedish Korona SEK 26.53 26.83
Swiss Franc CHF 316.9 319.4
Thai Bhat THB 7.93 8.08

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