WASHINGTON – The United States has felicitated Shehbaz Sharif for becoming the new prime minister of Pakistan following the ouster of Imran Khan, who accused Washington of hatching a conspiracy to topple his government.
US Secretary of State Antony Blinken said in a statement said: “…we look forward to continuing our long-standing cooperation."
"Pakistan has been an important partner on wide-ranging mutual interests for nearly 75 years and we value our relationship," he added.
"The United States views a strong, prosperous, and democratic Pakistan as essential for the interests of both our countries," Blinken said.
Sharif, the brother of former prime minister Nawaz Sharif, was elected by the National Assembly on Monday after Imran Khan was ousted from his office through a no-trust vote on Sunday.
In his inaugural speech at the National Assembly, Shehbaz Sharif had vowed to deepened relations with the US in all domains.
He also announced to conduct an investigation into the allegation of former PM Imran Khan, who insists the involvement of the US and his rivals in conspiracy against him.
Speaking on the floor of the House, PM Shehbaz Sharif said that he will resign from the office if any evidence is found about his involvement in the conspiracy.
On Wednesday, Shehbaz Sharif’s office said that the new government wished to constructively and positively engage with the US to promote shared goals of peace, security and development in the region.
“We welcome U.S. reaffirmation of long-standing ties with Pakistan,” read the statment.
“We look forward to deepening this important relationship on the principles of equality, mutual interest and mutual benefit,” it added.
Pakistani rupee remains largely stable against the US dollar, and other currencies in the open market on Saturday.
On Saturday, the US dollar was being quoted at 283.4 for buying and 285.95 for selling.
Euro comes down to 307 for buying and 310 for selling. British Pound rate remains unchanged at 358.5 for buying, and 362 for selling.
UAE Dirham AED witnessed slight drop and new rate stands at 77.2 whereas the Saudi Riyal remained stable at 76.
Source: Forex Association of Pakistan. (last update 09:00 AM)
|UK Pound Sterling||GBP||358.5||362|
|Hong Kong Dollar||HKD||36.37||36.72|
|New Zealand Dollar||NZD||175.33||177.33|
Gold prices witnessed negative trend in local markets in line with the trend in the international market.
On Saturday, the price of a single tola of 24-karat gold stands at Rs217,600, and 10 grams of 24k gold costs Rs186,560.
Single tola of 22 Karat Gold price costs Rs199,465, 21 karat rate per tola costs Rs190, 400 and 18k gold rate is Rs163,200.00 for each tola.
In the global market, gold prices hovers around $2,004 per ounce, after drop of $23.35 on Saturday.
|Lahore||PKR 217,600||PKR 2,530|
|Karachi||PKR 217,600||PKR 2,530|
|Islamabad||PKR 217,600||PKR 2,530|
|Peshawar||PKR 217,600||PKR 2,530|
|Quetta||PKR 217,600||PKR 2,530|
|Sialkot||PKR 217,600||PKR 2,530|
|Attock||PKR 217,600||PKR 2,530|
|Gujranwala||PKR 217,600||PKR 2,530|
|Jehlum||PKR 217,600||PKR 2,530|
|Multan||PKR 217,600||PKR 2,530|
|Bahawalpur||PKR 217,600||PKR 2,530|
|Gujrat||PKR 217,600||PKR 2,530|
|Nawabshah||PKR 217,600||PKR 2,530|
|Chakwal||PKR 217,600||PKR 2,530|
|Hyderabad||PKR 217,600||PKR 2,530|
|Nowshehra||PKR 217,600||PKR 2,530|
|Sargodha||PKR 217,600||PKR 2,530|
|Faisalabad||PKR 217,600||PKR 2,530|
|Mirpur||PKR 217,600||PKR 2,530|