LAHORE - New investment opportunities in Punjab dominated the discussion for Pakistani business leaders during a virtual roundtable hosted by the United States Agency for International Development (USAID), this week.
Participants included leaders in the pharmaceutical, dairy, livestock, packaging, energy, digital technology, textiles and education sectors. USAID’s Provincial Director for Punjab Kevin Sharp and Deputy Director Innovation and Partnerships Unit, USAID, Islamabad Kanwal Bokharey moderated the discussion.
The virtual roundtable focused on challenges faced by the private sector and potential investment opportunities in Punjab. Participants also discussed areas where USAID and the private sector could collaborate and benefit from each other’s expertise and resources.
The US Government works with the public and private sector to address social, economic, and humanitarian development challenges in Pakistan using a mix of financial and non-financial resources and a co-creation approach to mobilize resources from Pakistani and U.S. companies. USAID is expanding engagement with the private sector to achieve outcomes of shared interest across sectors and geographies.
U.S. officials also introduced the participants to the newly established US International Development Finance Corporation (IDFC) to explore possible areas for financing private ventures. IDFC partners with the private sector to finance solutions to the most critical challenges facing the developing world today.
Pakistani currency saw minor adjustment against global currencies on April 19, 2024. US dollar was being quoted at 277.4 for buying and 280.4 for selling.
Euro comes down to 293 for buying and 296 for selling while British Pound stands at 342.25 for buying, and 345.65 for selling.
UAE Dirham AED was at 75.2 and Saudi Riyal's new rates was at 73.30.
Currency | Symbol | Buying | Selling |
US Dollar | USD | 277.4 | 280.4 |
Euro | EUR | 293 | 296 |
UK Pound Sterling | GBP | 342.25 | 345.65 |
U.A.E Dirham | AED | 75.2 | 75.9 |
Saudi Riyal | SAR | 73.3 | 74.05 |
Australian Dollar | AUD | 181 | 182.8 |
Bahrain Dinar | BHD | 740.09 | 748.09 |
Canadian Dollar | CAD | 201 | 203 |
China Yuan | CNY | 38.44 | 38.84 |
Danish Krone | DKK | 39.69 | 40.09 |
Hong Kong Dollar | HKD | 35.53 | 35.88 |
Indian Rupee | INR | 3.33 | 3.44 |
Japanese Yen | JPY | 1.86 | 1.94 |
Kuwaiti Dinar | KWD | 902.64 | 911.64 |
Malaysian Ringgit | MYR | 58.08 | 58.68 |
New Zealand Dollar | NZD | 164.22 | 166.22 |
Norwegians Krone | NOK | 25.31 | 25.61 |
Omani Riyal | OMR | 722.87 | 730.87 |
Qatari Riyal | QAR | 76.45 | 77.15 |
Singapore Dollar | SGD | 204.5 | 206.5 |
Swedish Korona | SEK | 25.31 | 25.61 |
Swiss Franc | CHF | 305.08 | 307.58 |
Thai Bhat | THB | 7.56 | 7.71 |
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