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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 - 26 Feb 2024

Pakistani currency remains stable against US dollar in the open market on February 26, 2024 (Monday).

US Dollar rate in Pakistan

In the open market, the US dollar was being quoted at 279.5 for buying and 282.55 for selling.

Euro currently stands at 302 for buying and 305 for selling while British Pound rate stands at 352.5 for buying, and 356 for selling.

UAE Dirham AED hovers at 76.1 whereas the Saudi Riyal saw slight increase, with new rates at 74.35.

Today’s currency exchange rates in Pakistan - 26 Feb 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 279.5 282.55
Euro EUR 302 305
UK Pound Sterling GBP 352.5 356
U.A.E Dirham AED 76.1 76.8
Saudi Riyal SAR 74.35 75.1
Australian Dollar AUD 181 183
Bahrain Dinar BHD 743.88 751.88
Canadian Dollar CAD 207 209
China Yuan CNY 38.89 39.29
Danish Krone DKK 40.38 40.78
Hong Kong Dollar HKD 35.76 36.11
Indian Rupee INR 3.37 3.48
Japanese Yen JPY 2.1 2.18
Kuwaiti Dinar KWD 908.79 917.79
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 726.53 734.53
Qatari Riyal QAR 76.76 77.46
Singapore Dollar SGD 207 209
Swedish Korona SEK 26.53 26.83
Swiss Franc CHF 317.87 320.37
Thai Bhat THB 7.79 7.94

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