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Modi should improve Pakistan ties to realize regional goals: Global Times

11:03 AM | 10 Jun, 2019
Modi should improve Pakistan ties to realize regional goals: Global Times
BEIJING - Indian Prime Minister Narendra Modi should take pragmatic actions to recover the bilateral dialogue process, promote better relations with Pakistan and work to establish peace in the region.

"If India wants to show its intent to combat terrorism and promote its rise in the Indian Ocean, Modi should not merely express his gratitude for Khan's good wishes, but take pragmatic actions to recover the bilateral dialogue process, which has been suspended since January 2016, promote better relations with Pakistan and work to establish peace in the region," Chinese newspaper Global Times commented in an article published on Monday.

Modi's second term is a good chance for India. If he can grasp the chance and restrain nationalist sentiment to improve ties with Pakistan, it would be significant progress for the two countries and for the stability and development of the region and Asia.

Modi said in the Maldives that India wants to plug "the loopholes that terrorists and their supporters exploit." Yet cooperation with Islamabad is indispensable to fight against terrorism if New Delhi wants to promote a global convention.

The two sides must strengthen mutual trust and diminish the tensions before they can root out and dismantle terrorism. If India-Pakistan ties improve and stabilize, India will gain more esteem in the region, the article added.

Prime Minister Imran Khan said in a letter sent to his Indian counterpart last week that Islamabad wants talks with New Delhi to resolve all reconcilable problems, including the Kashmir issue.

Khan noted that "talks between the two nations were the only solution to help both countries' people overcome poverty and that it was important to work together for regional development."

Although the Indian Ministry of External Affairs remarked "there is no bilateral meeting being planned" between the two leaders on the sidelines of the Shanghai Cooperation Organization summit which will be held from June 13 to 14, Pakistan's active attitude underlines its vision to strive for peace and prosperity in South Asia to lay the groundwork for the two countries to figure a benign way out.

Modi chose the Maldives for his first foreign visit after his re-election. There Modi delivered a speech during which he called for a global conference on anti-terrorism, which shows that he attaches great importance to anti-terrorism and to increasing India's influence in the Indian Ocean.

Modi is reinforcing his "neighbourhood first" foreign policy, which places India's relations with neighbouring countries as the topmost priority. This indicates that New Delhi's strategic focus ought to be on its ties with Islamabad.

The 70-year conflict between India and Pakistan has brought tensions to the two countries' relationship and has created instabilities in their border areas, in particular, the disputed Kashmir region.

Associated Press of Pakistan Corporation (APPC) - Pakistan's Premier News Agency

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Pakistani rupee exchange rate against US dollar, Euro, Pound and Riyal - 22 February 2024

Pakistani rupee remains stable against US dollar and other currencies in the open market on February 22, 2024 (Thursday)

US Dollar rate in Pakistan

In the open market, the US dollar was being quoted at 279.6 for buying and 282.4 for selling.

Euro comes down to 300.2 for buying and 303.2 for selling while British Pound rate stands at 350.6 for buying, and 354.1 for selling.

UAE Dirham AED hovers at 76.2 whereas the Saudi Riyal saw slight increase, with new rates at 74.45.

Today’s currency exchange rates in Pakistan - 22 Feb 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 279.6 282.4
Euro EUR 300.2 303.2
UK Pound Sterling GBP 350.6 354.1
U.A.E Dirham AED 76.2 76.95
Saudi Riyal SAR 74.45 75.2
Australian Dollar AUD 181.15 183.15
Bahrain Dinar BHD 743.32 751.32
Canadian Dollar CAD 207.15 209.15
China Yuan CNY 38.89 39.29
Danish Krone DKK 40.38 40.78
Hong Kong Dollar HKD 35.74 36.09
Indian Rupee INR 3.37 3.48
Japanese Yen JPY 2.10 2.18
Kuwaiti Dinar KWD 902.41 911.41
Malaysian Ringgit MYR 58.6 59.2
New Zealand Dollar NZD 171.68 173.68
Norwegians Krone NOK 26.43 26.73
Omani Riyal OMR 725.96 733.96
Qatari Riyal QAR 76.76 77.46
Singapore Dollar SGD 207.1 209.1
Swedish Korona SEK 26.53 26.83
Swiss Franc CHF 316.9 319.4
Thai Bhat THB 7.93 8.08

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