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Pakistan declared 'best' country in South Asia

05:22 PM | 10 Oct, 2016
Pakistan declared 'best' country in South Asia
WASHINGTON - International organization "Emerging Markets" has declared Pakistan the 'Best Country for Infrastructure Development in South Asia,' according to a publication of the IMF/World Bank Annual Meeting 2016, in recognition of its massive progress in the field.

The country award was received by Pakistan's Ambassador to the United States Jalil Abbas Jilani on behalf of the Minister for Planning, Development and Reforms, Ahsan Iqbal, at a ceremony in Washington, DC, on Saturday during the IMF/World Bank Annual Meetings, according to a press release of Pakistani embassy.

The award has been given to Pakistan for launching various mega projects, including China-Pakistan Economic Corridor, Liquefied Natural Gas Pipeline, Lahore to Karachi railway line, power generation plants and industrial zones.

The organization has also described Pakistan as an attractive country for investment in energy and transport projects under infrastructure development.

Hamza Rao is a member of the staff at Daily Pakistan. He can be reached at raohamzafree@gmail.com. He tweets at @HamzaRaoxxx

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Currency Rates in Pakistan Today - Pak Rupee to US Dollar, Euro, Dirham, Riyal 17 May 2024

Pakistani currency rates against US Dollar and other currencies on May 16, 2024 (Friday) in open market.

USD to PKR rate today

US dollar was being quoted at 277.25 for buying and 280.05 for selling.

Euro stands at 296.25 for buying and 299 for selling while British Pound rate is 344.5 for buying, and 348 for selling.

UAE Dirham AED was at 75.15 and Saudi Riyal came down to 73.50.

Today’s currency exchange rates in Pakistan - 17 May 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar ‎USD 277.25 280.05
Euro EUR 296.25 299
UK Pound Sterling GBP 344.5 348
U.A.E Dirham AED 75.15 75.9
Saudi Riyal SAR 73.50 74.2
Australian Dollar AUD 180.5 182.2
Bahrain Dinar BHD 739.77 747.77
Canadian Dollar CAD 203 205
China Yuan CNY 38.49 38.89
Danish Krone DKK 40.25 40.65
Hong Kong Dollar HKD 35.61 35.96
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.91 1.99
Kuwaiti Dinar KWD 904.28 913.28
Malaysian Ringgit MYR 58.69 59.29
New Zealand Dollar NZD 167.45 169.45
Norwegians Krone NOK 25.67 25.95
Omani Riyal OMR 722.59 730.59
Qatari Riyal ‎QAR 76.41 77.11
Singapore Dollar SGD 203 205
Swedish Korona SEK 25.67 25.97
Swiss Franc CHF 306.51 309.01
Thai Bhat THB 7.57 7.72

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