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Torkham border crossing closed as 'Welcome to Pakistan' sign irks Afghanistan

01:49 PM | 6 Dec, 2023
Torkham border crossing closed as 'Welcome to Pakistan' sign irks Afghanistan
Source: social media

PESHAWAR – The key Torkham border crossing between Pakistan and Afghanistan was closed on Wednesday as a recent development further adds a layer of complexity to the already delicate trade ties between Asian neighbors.

The Torkham border closure raises concerns about the economic impact on businesses and communities reliant on the cross-border exchange.

The development comes as Afghanistan security forces raised objections over the installation of signboard saying ‘Welcome to Pakistan’ at Zero Point.

It was reported that forces objected to apparent protest against 'Welcome to Pakistan' signboard being installed at crossing's Zero Point. The work crews were involved in installing signboard, and it closed international border crossing to all vehicle and pedestrian traffic.

Afghanistan exports truckloads of food and other supplies from Pakistan remained stalled at borders.

Earlier this year, the Torkham border remained closed for several days in wake of a gun battle between Pakistan and Afghan border forces.

Daily Pakistan Global Web Desk

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Pakistani rupee exchange rate to US Dollar, Euro, Pound, Dirham, and Riyal - 27 Feb 2024

Pakistani currency remains largely stable against US dollar in the open market on February 27, 2024 (Tuesday).

US Dollar rate in Pakistan

In the open market, the US dollar was being quoted at 279.4 for buying and 282.3 for selling.

Euro currently stands at 303 for buying and 306 for selling while British Pound rate stands at 351.5 for buying, and 355 for selling.

UAE Dirham AED hovers at 76 whereas the Saudi Riyal saw slight increase, with new rates at 76.7.

Today’s currency exchange rates in Pakistan - 27 Feb 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 279.4 282.3
Euro EUR 303 306
UK Pound Sterling GBP 351.5 355
U.A.E Dirham AED 76 76.7
Saudi Riyal SAR 74.2 75
Australian Dollar AUD 181 183
Bahrain Dinar BHD 742.91 750.91
Canadian Dollar CAD 207 209
China Yuan CNY 38.82 39.22
Danish Krone DKK 40.56 40.96
Hong Kong Dollar HKD 35.7 36.05
Indian Rupee INR 3.37 3.48
Japanese Yen JPY 2.10 2.18
Kuwaiti Dinar KWD 905.46 914.46
Malaysian Ringgit MYR 58.49 59.09
New Zealand Dollar NZD 173.05 175.05
Norwegians Krone NOK 26.36
 
26.66
Omani Riyal OMR 725.54 733.54
Qatari Riyal QAR 76.74 77.44
Singapore Dollar SGD 207 209
Swedish Korona SEK 27.04 27.34
Swiss Franc CHF 317 319.5
Thai Bhat THB 7.76 7.91

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