It is being reported that the decision was made during a meeting between PM Nawaz Sharif, who is in Kuwait on an official visit, and Amir of Kuwait Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah at the Amiri Diwan in Kuwait City.
The two countries also decided to collaborate and establish a joint council for business. Both the countries will work jointly in five different fields.
Prime Minister Muhammad Nawaz Sharif called on Amir of Kuwait Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah at the Amiri Diwan in Kuwait City pic.twitter.com/etF3PaJKBs
— PML(N) (@pmln_org) March 7, 2017
According to the Gulf News, Kuwait banned nationals from Syria, Iraq, Iran, Pakistan and Afghanistan from entering the country in 2011. The ban includes suspending all tourism, visit and trade visas as well as visas sponsored by spouses, immigration.
The visa ban was imposed due to the "difficult security conditions in the five countries" and to "the remarkably increasing tendency of nationals from the five countries to apply for visas to bring in relatives who faced or could face arrest by the local authorities to Kuwait."
The premier also held a meeting with Prime Minister of Kuwait Sheikh Jaber Al Mubarak Al-Hamad at Bayan Palace.
During the meeting, Nawaz Sharif also proposed the establishment of a Pakistan-Kuwait Joint Business Council for promotion of trade relations between the two countries.
According to Radio Pakistan, the Prime Minister pointed out that Pakistan and Kuwait have been economic and trade partners for long and Pakistan wished to further enhance its relations with Kuwait in all spheres. The Joint Ministerial Commission provides the best platform to take stock of bilateral cooperation in various economic sectors and setting new benchmarks to carry this cooperation forward.
KARACHI - Following are the foreign currency exchange rates for US Dollar, Saudi Riyal, UK Pound Sterling, U.A.E. Dirham, European Euro, and other foreign currencies in Pakistan open market on February 7, 2022 (Tuesday).
Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency | Symbol | Buying | Selling |
US Dollar | USD | 279 | 282 |
Euro | EUR | 296.67 | 297.26 |
UK Pound Sterling | GBP | 331.71 | 332.41 |
U.A.E Dirham | AED | 74.8 | 75.1 |
Saudi Riyal | SAR | 73.21 | 73.51 |
Australian Dollar | AUD | 190.31 | 192.72 |
Bahrain Dinar | BHD | 732.23 | 740.23 |
Canadian Dollar | CAD | 205.22 | 207.42 |
China Yuan | CNY | 40.72 | 41.12 |
Danish Krone | DKK | 39.92 | 40.32 |
Hong Kong Dollar | HKD | 35.08 | 35.43 |
Indian Rupee | INR | 3.35 | 3.46 |
Japanese Yen | JPY | 2.5 | 2.54 |
Kuwaiti Dinar | KWD | 900.32 | 909.32 |
Malaysian Ringgit | MYR | 64.65 | 65.25 |
New Zealand Dollar | NZD | 174.19 | 176.19 |
Norwegians Krone | NOK | 27.12 | 27.42 |
Omani Riyal | OMR | 715.11 | 723.11 |
Qatari Riyal | QAR | 75.64 | 76.34 |
Singapore Dollar | SGD | 208.03 | 210.03 |
Swedish Korona | SEK | 26.1 | 26.4 |
Swiss Franc | CHF | 297.31 | 299.81 |
Thai Bhat | THB | 8.25 | 8.4 |
KARACHI – The gold price in Pakistan dropped by Rs4,300 per tola to reach Rs200,000 on Tuesday as it lost ground on second consecutive day after witnessing mostly bullish trend last week.
As per the All-Pakistan Sarafa Gems and Jewellers Association (APSGJA), the price of 10 grams of 24 carats gold decreased by Rs3,686 to settle at Rs171,468.
On Monday, the gold price witnessed a drop of Rs200 per tola to close at Rs204,300.
In the international market, the commodity dropped by $1 to reach $1,869 per ounce.
Meanwhile, silver prices in the domestic market slumped by Rs20 per tola and Rs17.14 per 10 grams to reach at Rs2,230 and Rs1,911, respectively.
https://en.dailypakistan.com.pk/07-Feb-2023/rupee-depreciates-against-us-dollar-again
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