Has Pervez Khattak resigned as chairman of PTI offshoot?

07:25 PM | 12 Feb, 2024
Has Pervez Khattak resigned as chairman of PTI offshoot?
Source: File Photo

PESHAWAR – Veteran politician Pervez Khattak has denied the reports of quitting as Pakistan Tehreek-e-Insaf Parliamentarians (PTI-P) chairman after dismal performance in the general elections held on Feb 8.

His rebuttal comes shortly after the mainstream media claimed that Khattak, who served as defence minister during PTI’s government, has stepped down from the position and also decided to quit politics. 

Khattak said he was just taking a break from the politics and not parting ways with it. 

He has lost from Nowshera’s NA-33 seat in the general elections. Unofficial results showed the PTI-backed independent candidate Shahid Ahad Khattak defeated him by securing 90,145 votes.

Meanwhile, Pervez Khattak managed to get just 25,258, suffering a humiliating defeat in his stronghold.  

Earlier in the day, Jahangir Khan Tareen decided to step down as chairman of the Istehkam-e-Pakistan Party (IPP) and quit politics after major blows in recently held general elections 2024.

He announced his decision on social media platform X, stating: “I would like to thank everyone who supported me in this election and want to offer my congratulations to my opponents. I have immense respect for the will of the people of Pakistan. Therefore, I have decided to resign from my position as Chairman IPP and step away from politics altogether”.

“My gratitude to all the members of IPP. I wish them the absolute best. By the Grace of Allah, I will continue to serve my country to the best of my ability in a private capacity,” he wrote.


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
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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