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PM Shehbaz optimistic about $5bn trade volume between Pakistan-Turkiye

02:17 PM | 4 Jun, 2023
PM Shehbaz optimistic about $5bn trade volume between Pakistan-Turkiye
Source: PM office

ISLAMABAD – Prime Minister Shehbaz Sharif attended the inauguration ceremony of Turkish President Recep Tayyip Erdogan and congratulated the latter on his victory in the elections on behalf of the Pakistani nation.

In a tweet shared on his official handle, PM expressed hope that the volume of bilateral trade between two friendly countries can reach to $5 billion annually over the next 3 years.

PM referred to his recent visit to Ankara where he attended the ceremony of President Recep Tayyip Erdogan who stretched his rule into a third decade.  He said, “In my meetings with heads of leading Turkish business groups yesterday, I highlighted the need for investment & trade in the fields of agriculture, energy, information technology and construction”.

Sharif, 71, called it exciting opportunities for collaboration after the historic Trade-in-Goods Agreement between Islamabad and Ankara that became operational on May 31 this year. The premier called it target of increasing bilateral trade volume to $5 billion annually over the next 3 years.

During his visit, the premier also interacted with the Turkish President. In an informal conversation, the premier told them he was leaving for South Asian nation. Sharif also told Erdogan and his wife Emine Erdogan that he had brought Pakistani mangoes for them.

Turkish leader thanked Shehbaz for his gesture, calling Pakistani mangoes very delicious.

Daily Pakistan Global Web Desk

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Pakistani rupee exchange rate to US dollar, Euro, Pound, Dirham, and Riyal - 18 May 2024 Forex Rates

Pakistani currency rates against US Dollar and other currencies on May 18, 2024 (Saturday) in open market.

USD to PKR rate today

US dollar was being quoted at 277.4 for buying and 280.35 for selling.

Euro stands at 297 for buying and 299.5 for selling while British Pound rate is 348.5 for buying, and 352 for selling.

UAE Dirham AED was at 75.25 and Saudi Riyal came down to 73.50.

Today’s currency exchange rates in Pakistan - 18 May 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 277.4 280.35
Euro EUR 297 299.5
UK Pound Sterling GBP 348.5 352
U.A.E Dirham AED 75.25 76
Saudi Riyal SAR 73.5 74.25
Australian Dollar AUD 181 183
Bahrain Dinar BHD 747.77 755.77
Canadian Dollar CAD 203 205
China Yuan CNY 38.49 38.89
Danish Krone DKK 40.25 40.65
Hong Kong Dollar HKD 35.96 36.31
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.91 1.99
Kuwaiti Dinar KWD 913.28 922.28
Malaysian Ringgit MYR 58.69 59.29
New Zealand Dollar NZD 169.45 171.45
Norwegians Krone NOK 25.67 25.97
Omani Riyal OMR 730.59 738.59
Qatari Riyal QAR 76.41 77.11
Singapore Dollar SGD 203 205
Swedish Korona SEK 25.67 25.97
Swiss Franc CHF 309.01 311.51
Thai Bhat THB 7.57 7.72

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