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Biden sticks to defending Saudi Arabia's sovereignty... but Yemen war 'has to end'

05:37 PM | 5 Feb, 2021
Biden sticks to defending Saudi Arabia's sovereignty... but Yemen war 'has to end'

WASHINGTON – The United States ended support for military operations by its allies in Yemen war, besides vowing to continue to defend sovereignty and land of Saudi Arabia.

US President Joe announced a major shift in his first foreign policy speech since taking office.

Biden said the war in Yemen “must end”.

“At the same time, we’re going to continue to support and help Saudi Arabia defend its sovereignty and its territorial integrity and its people,” Biden said, adding that the Kingdom continues to be targeted with missile attacks.

He also announced the appointment of a special envoy for Yemen.

Under Mr Biden's two predecessors, the US supported a coalition led by Saudi Arabia against Houthi rebels in Yemen.

The conflict has left millions of Yemenis on the brink of starvation, besides claiming lives of nearly 110,000 people.  

Fighting between a weak Yemeni government and the Houthi movement started in 2014 and it escalated a year later, when Saudi Arabia and eight other Arab states launched air strikes against the movement.

Saudi Arabia Welcomes US Announcement

Saudi Arabia had welcomed the US commitment to cooperating with the Kingdom in defending its sovereignty and to confronting threats targeting it.

In a statement issued on Thursday, the Kingdom reiterates its firm stance in supporting efforts to achieve a comprehensive political solution to the crisis in Yemen.

It also welcomes US position underscoring the importance of supporting diplomatic efforts to resolve the situation in Yemen, including the efforts of the United Nations Yemen Envoy, Martin Griffiths, according to the Saudi Press Agency, SPA.

Biden’s Other Changes in Foreign Policy

Biden also announced significant increase in the number of refugees accepted by the US, moving beyond Trump’s policies.

On Russia, the new US President said: "I made it clear to President [Vladimir] Putin, in a manner very different from my predecessor, that the days of the United States rolling over in the face of Russia's aggressive actions… are over."

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Pakistani rupee remains stable against US dollar, Euro, Pound and other currencies

Pakistani rupee remained stable against US dollar, and other currencies in the open market amid strong economic cues.

Dollar Rate in Pakistan Today

On Sunday, the US dollar was being quoted at 285.15 for buying and 287.95 for selling.

Euro moves down to 309.9 for buying and 310.5 for selling. British Pound rate stands at 359.4 for buying, and 360.05 for selling.

UAE Dirham AED also moved down to 77.45 whereas the Saudi Riyal drops to 75.82.

Today’s currency exchange rates in Pakistan – 3 December 2023

Currency Symbol Buying Selling
US Dollar ‎USD 285.15 287.95
Euro EUR 309.9 310.5
UK Pound Sterling GBP 359.4 360.05
U.A.E Dirham AED 77.45 77.6
Saudi Riyal SAR 75.82 75.97
Australian Dollar AUD 187.72 188.22
Bahrain Dinar BHD 759.94 767.94
Canadian Dollar CAD 209.99 210.49
China Yuan CNY 39.78 39.88
Danish Krone DKK 41.95 42.05
Hong Kong Dollar HKD 36.38 36.48
Indian Rupee INR 3.39 3.5
Japanese Yen JPY 1.49 1.56
Kuwaiti Dinar KWD 926.39 935.39
Malaysian Ringgit MYR 60.38 60.98
New Zealand Dollar NZD 173.44 175.44
Norwegians Krone NOK 26.25 26.55
Omani Riyal OMR 742.16 750.18
Qatari Riyal ‎QAR 78.5 79.2
Singapore Dollar SGD 212.45 212.95
Swedish Korona SEK 27.09 27.19
Swiss Franc CHF 325.38 325.88
Thai Bhat THB 8.05 8.09

Gold prices increase in Pakistan; check out today gold rates in Pakistan - 3 December 2023  

The price of gold increased by thousands of rupees due to an upward trend in the international market.

Gold Rates in Pakistan Today - 3 December 2023

On Sunday, the price of a single tola of 24-karat gold stands at Rs219,800 and 10 grams of 24k gold costs Rs188,450.

Meanwhile, single tola of 22 Karat gold costs Rs201,482, 21 karat rate costs Rs192,325 and 18k gold rate is Rs164,850.

Globally, gold prices hover at around $2072, gaining $32 on Sunday.

Today Gold Rate in Pakistan

City Gold Silver
Lahore PKR 219,800 PKR 2,730
Karachi PKR 219,800 PKR 2,730
Islamabad PKR 219,800 PKR 2,730
Peshawar PKR 219,800 PKR 2,730
Quetta PKR 219,800 PKR 2,730
Sialkot PKR 219,800 PKR 2,730
Attock PKR 219,800 PKR 2,730
Gujranwala PKR 219,800 PKR 2,730
Jehlum PKR 219,800 PKR 2,730
Multan PKR 219,800 PKR 2,730
Bahawalpur PKR 219,800 PKR 2,730
Gujrat PKR 219,800 PKR 2,730
Nawabshah PKR 219,800 PKR 2,730
Chakwal PKR 219,800 PKR 2,730
Hyderabad PKR 219,800 PKR 2,730
Nowshehra PKR 219,800 PKR 2,730
Sargodha PKR 219,800 PKR 2,730
Faisalabad PKR 219,800 PKR 2,730
Mirpur PKR 219,800 PKR 2,730

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