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CPEC to promise economic revolution in region: PM Nawaz

04:47 PM | 7 Oct, 2015
CPEC to promise economic revolution in region: PM Nawaz
ISLAMABAD (Staff Report) - Prime Minister Nawaz Sharif has said the China-Pak Economic Corridor (CPEC) project will herald in economic revolution in the region.

"Our national economy is improving and the entire world is acknowledging economic stability in Pakistan. We are taking steps to provide the excellent economic environment to private sectors for the sake of improvement on economic front," Nawaz Sharif told Asian Infrastructure Investment Bank (AIIB) president-designate Jim Liquin on Wednesday.

The PM, during the meeting, said all the countries including Pakistan will benefit from the economic corridor, the PM House spokesman said.

"We are tapping all the resources for development in infrastructure and energy sector. Work has been started on several projects in collaboration with China.

"Pakistan is striving for forging better ties with Central Asian States and linking Pakistan to Central Asian States through the best road system is top priority of government."

The AIIB president said the bank will extend cooperation to Pakistan for improvement in its economy and development of basic infrastructure.

The writer is a member of the staff.


Currency Rates in Pakistan Today - Pakistani rupee to US Dollar, Euro, Pound, Dirham, and Riyal - 19 April 2024

Pakistani currency saw minor adjustment against global currencies on April 19, 2024. US dollar was being quoted at 277.4 for buying and 280.4 for selling.

Euro comes down to 293 for buying and 296 for selling while British Pound stands at 342.25 for buying, and 345.65 for selling.

UAE Dirham AED was at 75.2 and Saudi Riyal's new rates was at 73.30.

Today’s currency exchange rates in Pakistan - 19 April 2024

Currency Symbol Buying Selling
US Dollar ‎USD 277.4 280.4
Euro EUR 293 296
UK Pound Sterling GBP 342.25 345.65
U.A.E Dirham AED 75.2 75.9
Saudi Riyal SAR 73.3 74.05
Australian Dollar AUD 181 182.8
Bahrain Dinar BHD 740.09 748.09
Canadian Dollar CAD 201 203
China Yuan CNY 38.44 38.84
Danish Krone DKK 39.69 40.09
Hong Kong Dollar HKD 35.53 35.88
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.86 1.94
Kuwaiti Dinar KWD 902.64 911.64
Malaysian Ringgit MYR 58.08 58.68
New Zealand Dollar NZD 164.22 166.22
Norwegians Krone NOK 25.31 25.61
Omani Riyal OMR 722.87 730.87
Qatari Riyal ‎QAR 76.45 77.15
Singapore Dollar SGD 204.5 206.5
Swedish Korona SEK 25.31 25.61
Swiss Franc CHF 305.08 307.58
Thai Bhat THB 7.56 7.71


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