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Shehbaz Sharif resigns as PML-N president

04:15 PM | 13 May, 2024
Shehbaz Sharif resigns as PML-N president
Source: File Photo

ISLAMABAD – Prime Minsiter Shehbaz Sharif resigned as president of the Pakistan Muslim League-Nawaz (PML-N), it emerged on Monday. 

The resignation comes as reports have been suggesting for days that party leaders are urging former premier Nawaz Sharif to lead the party. 

It is recalled that Nawaz Sharif was removed as party president by the Election Commission of Pakistan in 2017 after he was convicted in various corruption cases. 

“I am writing to address a pivotal moment in the history of our party, Pakistan Muslim League (N), and to reaffirm my unwavering commitment to its principles and values. Reflecting on the tumultuous events of 2017, which resulted in the unjust disqualification of our esteemed leader and Quaid, Mohammad Nawaz Sharif, from the Prime Minister's office and the presidency of our party, I am reminded of the resilience and fortitude with which our party has faced adversity under his leadership. In the face of adversity, Quaid Mohammad Nawaz Sharif entrusted me with the responsibility of assuming the presidency of the party, a duty I have upheld with utmost dedication and sincerity. However, I am cognizant that this role has always been viewed as a trust, or "amanaat," bestowed upon me by our revered leader,” Shehbaz Sharif wrote in the resignation letter.

He said that the courts have exonerated “our leader with dignity, affirming his unblemished integrity and commitment to the service of our nation”. 

Furthermore, following the General Elections of 2024, the Quaid and the Party have entrusted me with the responsibility of the Prime Minister's Office. 

“In light of these developments and the steadfast guidance of our beloved leader, I believe the time has come for Mohammad Nawaz Sharif to resume his rightful place as the President of Pakistan Muslim League (N) and provide his invaluable leadership and vision to steer the party forward,” he added while tendering his resignation as president of the PML-N.

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Currency Rates in Pakistan - Pak Rupee to US Dollar, Euro, Pound, Dirham, Riyal - 25 June 2024

Pakistani rupee rates against US Dollar and other currencies on June 25, 2024 (Tuesday) in open market.

USD to PKR Rate Today

US dollar was being quoted at 277.5 for buying and 280.65 for selling.

Euro's buying rate stands at 293.5 and selling rate is 297.2 while British Pound rate is 348.5 for buying, and 351.45 for selling.

UAE Dirham AED was at 75.05 and Saudi Riyal at 72.95.

Currency Rates in Pakistan

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 277.5 280.65
Euro EUR 293.5 297.2
UK Pound Sterling GBP 348.5 351.45
U.A.E Dirham AED 75.05 75.85
Saudi Riyal SAR 72.95 73.85
Australian Dollar AUD 182.2 184
Bahrain Dinar BHD 740.58 748.58
Canadian Dollar CAD 203 205
China Yuan CNY 38.35 38.75
Danish Krone DKK 39.91 40.31
Hong Kong Dollar HKD 35.67 36.02
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.9 1.98
Kuwaiti Dinar KWD 907.74 916.74
Malaysian Ringgit MYR 59.07 59.67
New Zealand Dollar NZD 170.38 172.38
Norwegians Krone NOK 26.38 26.68
Omani Riyal OMR 723.26 731.26
Qatari Riyal QAR 76.5 77.2
Singapore Dollar SGD 72.95 73.85
Swedish Korona SEK 26.5 26.8
Swiss Franc CHF 311.53 314.03
Thai Bhat THB 7.58 7.73

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