President Arif Alvi on Wednesday promulgated the National Accountability (Amendment) Ordinance, 2021, under which NAB Chairman Justice (r) Javed Iqbal will continue to serve the post until a new chairman is appointed.
The method followed for the appointment of the NAB chairman will be the one employed while granting an extension.
The new NAB chairman will be appointed for a period of four years and his term may be extended, as per the amended ordinance.
The ordinance states that the president will appoint the NAB chairman in consultation with the prime minister and the Opposition leader.
In case of a failure to reach a consensus on the appointment, the matter will be sent to a 12-member parliamentary committee formed especially for the matter of the appointment.
Under the new ordinance, the president has the authority to establish as many accountability courts in the country, as he deems fit.
Judges to the accountability courts will be appointed for a three-year term, the ordinance states.
Pakistani currency remains unchanged against US Dollar and other currencies on April 25, 2024 Monday in open market.
US dollar was being quoted at 277.5 for buying and 280.5 for selling.
Euro comes down to 294 for buying and 297 for selling while British Pound hovers at 342.5 for buying, and 346 for selling.
UAE Dirham AED was at 75 and Saudi Riyal's new rate was at 73.30.
Currency | Symbol | Buying | Selling |
US Dollar | USD | 277.5 | 280.5 |
Euro | EUR | 294 | 297 |
UK Pound Sterling | GBP | 342.5 | 346 |
U.A.E Dirham | AED | 75 | 75.8 |
Saudi Riyal | SAR | 73.30 | 74 |
Australian Dollar | AUD | 181 | 182.8 |
Bahrain Dinar | BHD | 740.81 | 748.81 |
Canadian Dollar | CAD | 201 | 203.2 |
China Yuan | CNY | 38.45 | 38.85 |
Danish Krone | DKK | 39.93 | 40.33 |
Hong Kong Dollar | HKD | 35.55 | 35.9 |
Indian Rupee | INR | 3.34 | 3.45 |
Japanese Yen | JPY | 1.86 | 1.94 |
Kuwaiti Dinar | KWD | 903.61 | 912.61 |
Malaysian Ringgit | MYR | 58.28 | 58.88 |
New Zealand Dollar | NZD | 164.22 | 166.22 |
Norwegians Krone | NOK | 25.46 | 25.76 |
Omani Riyal | OMR | 723.48 | 731.48 |
Qatari Riyal | QAR | 76.52 | 77.22 |
Singapore Dollar | SGD | 204.5 | 206.5 |
Swedish Korona | SEK | 25.72 | 26.02 |
Swiss Franc | CHF | 305.43 | 307.93 |
Thai Bhat | THB | 7.51 | 7.66 |
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