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Former Pakistani bus driver's son appointed as new business secretary in UK

04:08 PM | 12 May, 2015
Former Pakistani bus driver's son appointed as new business secretary in UK
LONDON (Web Desk) - Sajid Javid has been appointed as business secretary by David Cameron.

The prime minister announced his cabinet appointments Tuesday morning, following the Conservatives’ election victory.

Mr Javid, a former parliamentary private secretary to George Osborne who is seen as a protégé of the chancellor, succeeds Vince Cable, the Liberal Democrat MP who served as business secretary in the coalition government but who lost his Twickenham seat at the election.

A key question for the new business secretary will be his stance on international students, as Mr Cable - often aided by former universities minister David Willetts - was regularly at loggerheads with home secretary Theresa May over the damage done by Home Office rules and rhetoric on student visas.

Mr Javid has served as the MP for Bromsgrove since 2010 and was appointed secretary of state for culture, media and sport in 2014.

His personal website states that before entering politics he was a senior managing director with Deutsche Bank AG, having started his career with Chase Manhattan Bank in New York.

One Tory commentator has said that his background as the “Rochdale-born, state-educated son of a bus driver from Pakistan” gives him the potential to “transform the image of the Conservatives”.

Mr Javid joined the Conservatives during his time at the University of Exeter, where he studied economics and politics.

At Exeter, Mr Javid knew Tim Montgomerie, The Times columnist and founder of ConservativeHome, and Robert Halfon, the Tory MP for Harlow and newly appointed deputy chairman of the party.

Mr Halfon was quoted in a ConservativeHome profile of Mr Javid as saying that they turned Exeter’s Conservative Association from “old-style patrician Tories into a real political organisation, fighting the National Union of Students”.

Mr Halfon also said: “We just turned it into a kind of guerrilla fighting force. We took the NUS to the European Court of Human Rights.”

Javid’s father, Abdul, a bus driver, came to the UK from Pakistan in 1961, reportedly with just £1 in his pocket. He settled in Rochdale, where Sajid Javid was born in 1969, according to BBC News.

After graduating from university, Javid worked for Chase Manhattan Bank and Deutsche Bank before starting his career in politics. He was elected as a member of parliament in 2010.

The author is working as Editor Digital Media for Daily Pakistan and can be reached @ItsSarfrazAli.

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Pakistani Rupee exchange rate to US Dollar, Euro, Pound, Dirham, and Riyal - 27 June 2024

Pakistani currency rates against US Dollar and other currencies on June 27, 2024 (Thursday) in open market.

USD to PKR Rate Today

US dollar was being quoted at 277.6 for buying and 280.7 for selling.

Euro’s buying rate stands at 294 and selling rate is 297.5 while British Pound rate is 349 for buying, and 352.55 for selling.

UAE Dirham AED’s buying rate was at 75.1 and selling rate at 75.85 whereas Saudi Riyal’s buying rate hovers at 73.1, and selling rate at 73.9.

Currency Rates in Pakistan

Source: Forex Association of Pakistan. (last update 0800 AM)
Currency Symbol Buying Selling
US Dollar ‎USD 277.6 280.7
Euro EUR 294 297.5
UK Pound Sterling GBP 349 352.55
U.A.E Dirham AED 75.1 75.85
Saudi Riyal SAR 73.1 73.9
Australian Dollar AUD 182.2 184
Bahrain Dinar BHD 740.67 748.67
Canadian Dollar CAD 203 205
China Yuan CNY 38.38 38.78
Danish Krone DKK 40.08 40.48
Hong Kong Dollar HKD 35.66 36.01
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.9 1.98
Kuwaiti Dinar KWD 907.87 916.87
Malaysian Ringgit MYR 59.13 59.73
New Zealand Dollar NZD 170.28 172.28
Norwegians Krone NOK 26.38 26.68
Omani Riyal OMR 723.62 731.62
Qatari Riyal ‎QAR 76.5 77.2
Singapore Dollar SGD 202 204
Swedish Korona SEK 26.62 26.92
Swiss Franc CHF 311.34 313.84
Thai Bhat THB 7.58 7.73

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