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In meeting with businessmen, COAS Munir assures transparency in dollar exchange rate

COAS highlights role of Special Investment Facilitation Council in meeting with traders

10:32 AM | 4 Sep, 2023
In meeting with businessmen, COAS Munir assures transparency in dollar exchange rate
Source: File Photo

LAHORE – Chief of Army Staff General Asim Munir interacted with business community members at the Corps Commander headquarters in Lahore on Sunday.

Media reports suggest that Gen Asim discussed the economic situation with business community members, along with Interim Punjab Chief Minister Mohsin Naqvi.

COAS highlighted the role of Special Investment Facilitation Council (SIFC), as the military now has a significant position in the new body, and serves as the national coordinator for both the apex and executive committees.

The army chief assured that SIFC’s focus is to attract substantial investments of up to 100 billion dollars from friendly nations like Saudi Arabia, and UAE. The top general revealed the formation of task forces focused on economic matters and different sectors.

In the meeting, Kashif Anwar, and other business community members, recommended active engagement with all chambers to incorporate diverse perspectives into the task force’s agenda.

Businessmen also shared views on soaring taxes and inflated bills and its impacts on daily lives, businesses, and masses.

Gen Asim Munir also promised transparency in the exchange rate and bringing currency exchanges into tax net. He assured that money exchanges would be brought under the purview of taxation, fostering transparency in dollar exchange and interbank rates.

Daily Pakistan Global Web Desk

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Currency Rates in Pakistan Today - Pakistani rupee to US Dollar, Euro, Pound, Dirham, and Riyal - 17 April 2024

Pakistani currency saw minor adjustment against global currencies on April 17, 2024. US dollar was being quoted at 277.4 for buying and 280.4 for selling.

Euro comes down to 293.15 for buying and 296.1 for selling while British Pound stands at 344.25 for buying, and 347.6 for selling.

UAE Dirham AED was at 75.4 and Saudi Riyal's new rates was at 73.30. 

Today’s currency exchange rates in Pakistan - 17 April 2024

Currency Symbol Buying Selling
US Dollar USD 277.4 280.4
Euro EUR 293.15 296.1
UK Pound Sterling GBP 344.25 347.6
U.A.E Dirham AED 75.45 76.2
Saudi Riyal SAR 73.3 74.05
Australian Dollar AUD 181 182.5
Bahrain Dinar BHD 739.38 747.38
Canadian Dollar CAD 201 203
China Yuan CNY 38.45 38.85
Danish Krone DKK 40.45 40.85
Hong Kong Dollar HKD 35.57 35.92
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.86 1.94
Kuwaiti Dinar KWD 902.26 911.26
Malaysian Ringgit MYR 58.24 58.84
New Zealand Dollar NZD 164.75 166.75
Norwegians Krone NOK 25.38 25.68
Omani Riyal OMR 722.1 730.1
Qatari Riyal QAR 76.37 77.07
Singapore Dollar SGD 204.5 206.5
Swedish Korona SEK 25.72 26.02
Swiss Franc CHF 307.11 309.61
Thai Bhat THB 7.61 7.76

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