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Shehbaz Sharif sworn in as Pakistan's 23rd Prime Minister

09:32 PM | 11 Apr, 2022
Shehbaz Sharif sworn in as Pakistan's 23rd Prime Minister
Source: screengrab

ISLAMABAD – The newly-elected Prime Minister and PML-N leader Shehbaz Sharif took the oath of his office at President's House late Monday.

Acting President Sadiq Sanjrani administered the oath to the newly-elected prime minister as President Dr Arif Alvi has gone on leave after complaining of discomfort without explaining the matter further.

Services chiefs of all forces, PPP chairman Bilawal Bhutto-Zardari, PML-N VP and daughter of deposed PM Maryam Nawaz, JUI-F chief Maulana Fazlur Rehman, and other political leaders attended the oath-taking ceremony.

Earlier today, PML-N president Shehbaz was elected as the 23rd Prime Minister of Pakistan. PML-N MNA Ayaz Sadiq, who acted as Speaker, announced the results.

Sharif, in his first address from National Assembly, called for an in-camera briefing on lettergate scandal that PTI claimed was proof of an international conspiracy to bring about regime change.

Shehbaz, the opposition coalition leader who worked to depose Imran Khan, said If there is a shred of evidence that we have conspired to remove Khan by taking help from foreign forces, I will immediately resign from the premiership.

The seasoned politician was born on September 23 in 1951 to a Kashmiri family in the Punjab capital. His father Mian Muhammad Sharif was an Amritsar-based industrialist who migrated to Lahore after the creation of Pakistan in 1947. 

He was first elected as a member of the Punjab Assembly (PA) in 1988 while entering the National Assembly in 1990. Shehbaz holds the office of Punjab Chief Minister thrice. He went to Saudi Arabia where he spent eight years of his life in exile following the Musharaf takeover and later returned to Pakistan in 2007.

The front runner of PML-N served his term until his party's defeat in the 2018 polls. He was nominated as the President of the PML-N after his elder brother Nawaz Sharif was disqualified over corruption charges. He was then nominated as the Leader of the Opposition after the 2018 election.

The newly-elected PM contested the election on multiple seats in the last general polls but won from NA-132 (Lahore) only. He also won two Punjab Assembly seats (PP-164 and PP-165).

Daily Pakistan Global Web Desk

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Pakistani rupee exchange rate to US Dollar, Euro, Pound, Dirham, and Riyal - 27 Feb 2024

Pakistani currency remains largely stable against US dollar in the open market on February 27, 2024 (Tuesday).

US Dollar rate in Pakistan

In the open market, the US dollar was being quoted at 279.4 for buying and 282.3 for selling.

Euro currently stands at 303 for buying and 306 for selling while British Pound rate stands at 351.5 for buying, and 355 for selling.

UAE Dirham AED hovers at 76 whereas the Saudi Riyal saw slight increase, with new rates at 76.7.

Today’s currency exchange rates in Pakistan - 27 Feb 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 279.4 282.3
Euro EUR 303 306
UK Pound Sterling GBP 351.5 355
U.A.E Dirham AED 76 76.7
Saudi Riyal SAR 74.2 75
Australian Dollar AUD 181 183
Bahrain Dinar BHD 742.91 750.91
Canadian Dollar CAD 207 209
China Yuan CNY 38.82 39.22
Danish Krone DKK 40.56 40.96
Hong Kong Dollar HKD 35.7 36.05
Indian Rupee INR 3.37 3.48
Japanese Yen JPY 2.10 2.18
Kuwaiti Dinar KWD 905.46 914.46
Malaysian Ringgit MYR 58.49 59.09
New Zealand Dollar NZD 173.05 175.05
Norwegians Krone NOK 26.36
 
26.66
Omani Riyal OMR 725.54 733.54
Qatari Riyal QAR 76.74 77.44
Singapore Dollar SGD 207 209
Swedish Korona SEK 27.04 27.34
Swiss Franc CHF 317 319.5
Thai Bhat THB 7.76 7.91

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