BEIJING – A slew of speculations about the missing of Chinese billionaire, founder of Alibaba, Jack Ma are stemming as it was noticed that the business tycoon made no public appearance for two months.
According to a news report published in UK’s The Telegraph, Ma was scheduled to attend the final episode of his own talent show, ‘Africa’s Business Heroes’ as a judge, but he did not turn up for it. His spokespersons termed it as a 'conflict of schedule.' Furthermore, his photograph was also removed from the show.
One of the China’s wealthiest persons has reportedly engaged in a conflict with ruling Community Party government, after his controversial speech in Shangahi in October when he criticised the country’s regulation and banking system. He said the systems were of bygone age and needed to be revamped for the next generation and old people.
Reports claimed the Chinese government took Ma's criticism as an attack on government, and since then his Ant Group is under scrutiny.
Moreover, the Wall Street Journal reported that Beijing rebuked the Alibaba owner, and suspended the massive $37billion initial public offering of his Ant Group on the direct order of President Xi Jinping in November 2020.
The Chinese government has also ordered Ant Group to scale back its business activities.
Pakistani rupee remains stable against US dollar in the open market on 29 March, 2024.
In the open market, the US dollar was being quoted at 278.3 for buying and 281.05 for selling.
Euro moves down to 299.75 for buying and 302.75 for selling while British Pound hovers around 353.75 for buying, and 357.25 for selling.
UAE Dirham AED remains stable at 75.55 whereas the Saudi Riyal saw minor increase, with new rates at 73.70.
Currency | Symbol | Buying | Selling |
US Dollar | USD | 278.3 | 281.05 |
Euro | EUR | 299.75 | 302.75 |
UK Pound Sterling | GBP | 353.75 | 357.25 |
U.A.E Dirham | AED | 75.55 | 76.3 |
Saudi Riyal | SAR | 73.70 | 74.4 |
Australian Dollar | AUD | 182.9 | 184.7 |
Bahrain Dinar | BHD | 739.61 | 747.61 |
Canadian Dollar | CAD | 204.25 | 206.46 |
China Yuan | CNY | 38.74 | 39.14 |
Danish Krone | DKK | 40.30 | 40.7 |
Hong Kong Dollar | HKD | 35.55 | 35.9 |
Indian Rupee | INR | 3.33 | 3.44 |
Japanese Yen | JPY | 1.86 | 1.94 |
Kuwaiti Dinar | KWD | 901.14 | 910.14 |
Malaysian Ringgit | MYR | 59.25 | 59.85 |
New Zealand Dollar | NZD | 168.56 | 170.56 |
Norwegians Krone | NOK | 26.19 | 26.49 |
Omani Riyal | OMR | 724.36 | 732.36 |
Qatari Riyal | QAR | 76.57 | 77.27 |
Singapore Dollar | SGD | 206.25 | 208.25 |
Swedish Korona | SEK | 26.89 | 27.19 |
Swiss Franc | CHF | 313.78 | 316.28 |
Thai Bhat | THB | 7.76 | 7.91 |
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