JEDDAH – Prime Minister Imran Khan Sunday thanked the Kingdom of Saudi Arabia for timely providing financial assistance to Pakistan back in 2018 when PTI took over the ailing economy.
Addressing Pakistani community at a ceremony in connection with Roshan Digital Account, the premier said that Pakistan could have defaulted on international debt payments if Saudi Arabia had not extended the helping hand in that tough times.
Back in October 2020, the Kingdom had announced a $6 billion bailout package for Pakistan’s shaky economy.
The package includes $3bn balance of payments support and another $3bn in deferred payments on oil imports.
PM Imran Khan further said, “I want to give you [expats] good news that Naya Pakistan will emerge soon, ” adding that whole country now desire change in the country.
Explaining how the change can be brought in Pakistan, he said that rule of law needs to ensured to open doors towards prosperity.
#Live: PM @ImranKhanPTI addressing ceremony in Jeddah https://t.co/jJvvjW2odF
— Radio Pakistan (@RadioPakistan) May 9, 2021
He said that Mafias in country had joined hands to resist the new systems in the country, adding that time has arrived to free Pakistan from such elements.
Talking about Roshan Digital Account, he said that the initiative received overwhelming response from the overseas Pakistanis as it has crossed the $1 billion dollar mark so far.
Saying Pakistan will facilitate its overseas nationals, the premier said that 90,000 expats are Pakistan’s asset.
Pakistani rupee remains stable against US dollar in the open market on 29 March, 2024.
In the open market, the US dollar was being quoted at 278.3 for buying and 281.05 for selling.
Euro moves down to 299.75 for buying and 302.75 for selling while British Pound hovers around 353.75 for buying, and 357.25 for selling.
UAE Dirham AED remains stable at 75.55 whereas the Saudi Riyal saw minor increase, with new rates at 73.70.
Currency | Symbol | Buying | Selling |
US Dollar | USD | 278.3 | 281.05 |
Euro | EUR | 299.75 | 302.75 |
UK Pound Sterling | GBP | 353.75 | 357.25 |
U.A.E Dirham | AED | 75.55 | 76.3 |
Saudi Riyal | SAR | 73.70 | 74.4 |
Australian Dollar | AUD | 182.9 | 184.7 |
Bahrain Dinar | BHD | 739.61 | 747.61 |
Canadian Dollar | CAD | 204.25 | 206.46 |
China Yuan | CNY | 38.74 | 39.14 |
Danish Krone | DKK | 40.30 | 40.7 |
Hong Kong Dollar | HKD | 35.55 | 35.9 |
Indian Rupee | INR | 3.33 | 3.44 |
Japanese Yen | JPY | 1.86 | 1.94 |
Kuwaiti Dinar | KWD | 901.14 | 910.14 |
Malaysian Ringgit | MYR | 59.25 | 59.85 |
New Zealand Dollar | NZD | 168.56 | 170.56 |
Norwegians Krone | NOK | 26.19 | 26.49 |
Omani Riyal | OMR | 724.36 | 732.36 |
Qatari Riyal | QAR | 76.57 | 77.27 |
Singapore Dollar | SGD | 206.25 | 208.25 |
Swedish Korona | SEK | 26.89 | 27.19 |
Swiss Franc | CHF | 313.78 | 316.28 |
Thai Bhat | THB | 7.76 | 7.91 |
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