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Iran officially joins SCO to build closer ties with Russia, China

02:46 PM | 4 Jul, 2023
Iran officially joins SCO to build closer ties with Russia, China
Source: social media

NEW DELHI – Iranian President Ebrahim Raisi has joined the online summit of the Shanghai Cooperation Organization (SCO) being hosted by India as group members officially welcome Tehran.

As the 23rd SCO moot is underway through a video conference, this is the first time that an Asian nation takes part in the SCO summit as a full member of the organisation.

The Muslim nation joined SCO as it moves to end isolation and continues to build warmer ties with Russia and China amid bloc politics around the globe.

Tehran’s request to join the bloc as a full member was approved by member states earlier as the country signed a memorandum of commitment for its permanent membership in the powerful regional grouping. The country gets the nod of 15 bloc members.

Iran apparently entered a new stage of economic, commercial, transit, and energy, and aimed to boost ties with state members including Pakistan.

SCO is a regional intergovernmental organization that was founded in 2001, and its main goals include promoting security, economic cooperation, and cultural exchange among its member states. 

The forum serves as a platform for cooperation on various issues, including regional security, counter-terrorism, economic development, and cultural exchanges. 

Daily Pakistan Global Web Desk

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Currency Rates in Pakistan - Pak Rupee to US Dollar, Euro, Pound, Dirham, Riyal - 6 July 2024

Pakistani rupee rates against US Dollar and other currencies on July 6, 2024 (Saturday) in open market.

USD to PKR Rate Today

US dollar was being quoted at 277.65 for buying and 280.65 for selling on last day of the week.

Euro's buying rate moves up to 294.3 and selling rate is 297.8 while British Pound rate is 350.5 for buying, and 353.5 for selling.

UAE Dirham AED was at 75.05 and Saudi Riyal increased to 73.40.

Currency Symbol Buying Selling
US Dollar USD 277.65 280.65
Euro EUR 294.30 297.80
UK Pound Sterling GBP 350.50 353.50
U.A.E Dirham AED 75.05 75.85
Saudi Riyal SAR 73.40 74.20
Australian Dollar AUD 182.25 184
Bahrain Dinar BHD 740.12 748.12
Canadian Dollar CAD 202.9 204.9
China Yuan CNY 38.25 38.65
Danish Krone DKK 40.03 40.43
Hong Kong Dollar HKD 35.6 35.95
Indian Rupee INR 3.33 3.43
Japanese Yen JPY 1.9 1.98
Kuwaiti Dinar KWD 907.61 916.61
Malaysian Ringgit MYR 58.89 59.69
New Zealand Dollar NZD 169.24 171.24
Norwegians Krone NOK 26.04 26.34
Omani Riyal OMR 722.87 730.89
Qatari Riyal QAR 76.34 77.04
Singapore Dollar SGD 202.15 204.15
Swedish Korona SEK 26.4 26.7
Swiss Franc CHF 309.11 311.61
Thai Bhat THB 7.57 7.72

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