President Alvi offers mediation between PDM, PTI to defuse political tension

06:45 PM | 12 Jan, 2023
President Alvi offers mediation between PDM, PTI to defuse political tension
Source: Twitter

ISLAMABAD – President Arif Alvi has offered to mediate between the PDM-led government and Pakistan Tehreek-e-Insaf (PTI) to defuse the political situation in the country.

In an interview with BBC Urdu, the president said it was inevitable to cool down the boiling political situation in the country, adding that all political parties should sit together to resolve the issues through talks.

President Alvi blamed the Shehbaz Sharif-led government to use delaying tactics with regards to the Pakistan Tehreek-e-Insaf (PTI). He confirmed that there was no contact between the two parties in the past one month.

He hoped that the national economy would improve and dispelled reports that Pakistan would default on its international obligation.

Saying all parties should hold talks for upcoming elections, President Alvi lamented that he himself was unable to under who was showing more reluctance.

He also talked about differences between the PTI Chairman Imran Khan and former army chief Gen (retd) Qamar Javed Bajwa. The president said he made efforts to bridge the gap, saying as the head of the state it was his responsibility to keep the federation united. He held the social media responsible for creating misunderstandings between Khan and Gen Bajwa. “If social media is given more importance over such issues, then it cause chaos,” he said.

Responding to a question regarding the offers made to former army chief for extension in service, President Alvi said he was unaware of such developments.

While talking about his move to hold consultation with Imran Khan on the appointment of Gen Asim Munir as army chief, President Alvi said that the constitution did not bar him from seeking advice from anyone.


Pakistani rupee exchange rate to US dollar, Euro, Pound, Dirham, and Riyal - 26 Feb 2024

Pakistani currency remains stable against US dollar in the open market on February 26, 2024 (Monday).

US Dollar rate in Pakistan

In the open market, the US dollar was being quoted at 279.5 for buying and 282.55 for selling.

Euro currently stands at 302 for buying and 305 for selling while British Pound rate stands at 352.5 for buying, and 356 for selling.

UAE Dirham AED hovers at 76.1 whereas the Saudi Riyal saw slight increase, with new rates at 74.35.

Today’s currency exchange rates in Pakistan - 26 Feb 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 279.5 282.55
Euro EUR 302 305
UK Pound Sterling GBP 352.5 356
U.A.E Dirham AED 76.1 76.8
Saudi Riyal SAR 74.35 75.1
Australian Dollar AUD 181 183
Bahrain Dinar BHD 743.88 751.88
Canadian Dollar CAD 207 209
China Yuan CNY 38.89 39.29
Danish Krone DKK 40.38 40.78
Hong Kong Dollar HKD 35.76 36.11
Indian Rupee INR 3.37 3.48
Japanese Yen JPY 2.1 2.18
Kuwaiti Dinar KWD 908.79 917.79
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 726.53 734.53
Qatari Riyal QAR 76.76 77.46
Singapore Dollar SGD 207 209
Swedish Korona SEK 26.53 26.83
Swiss Franc CHF 317.87 320.37
Thai Bhat THB 7.79 7.94


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