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PML-N, PPP to hold third round of talks today on govt formation

10:02 AM | 16 Feb, 2024
PML-N, PPP to hold third round of talks today on govt formation

ISLAMABAD – The coordination committees of Pakistan Muslim League Nawaz (PML-N) and the Pakistan Peoples Party (PPP) have concluded their second round of talks in Islamabad for progress on government formation.

The coordination committees decided to conduct its third consultation session today (Friday) to finalize recommendations after consulting with their respective political leadership.

Senator Ishaq Dar, Sardar Ayaz Sadiq, Senator Azam Nazir Tarar, and Malik Muhammad Ahmed Khan represented Pakistan Muslim League (N), while Syed Murad Ali Shah, Qamar Zaman Kaira, Saeed Ghani, Sardar Bahadur Khan Sehar, Nadeem Afzal Chan, and Shazi Khan represented Pakistan Peoples Party.

The PPP has pledged its support to the Nawaz league in the formation of a government and the election of the next prime minister, with the condition that the Pakistan Muslim League-Nawaz (PML-N) reciprocates by supporting them in elections for crucial constitutional offices.

However, amidst stiff competition among individuals, the task of nominating candidates for these influential positions is proving to be challenging for PPP Chairman Bilawal Bhutto-Zardari.

Former prime minister Yousuf Raza Gilani was initially considered for the position of National Assembly speaker, he has been directed to maintain his Senate seat, hinting at a possible nomination for the role of Senate chairman.

Simultaneously, there is speculation within the party that former opposition leader Khursheed Shah may be put forward for the position of speaker, with indications suggesting that representatives from Sindh may assume leadership roles in both houses.

Daily Pakistan Global Web Desk

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PKR rate against US Dollar, Euro, Pound, Riyal - Check 16 April forex rates

Pakistani currency gains momentum against all currencies on April 16, 2024 Tuesday. US dollar was being quoted at 277.9 for buying and 280.85 for selling.

Euro was quoted at 295 for buying and 298 for selling while British Pound stands at 345 for buying, and 349 for selling.

UAE Dirham AED was at 75.4 and Saudi Riyal's new rates was at 73.30. 

Today’s currency exchange rates in Pakistan - 15 April 2024

Currency Symbol Buying Selling
US Dollar USD 277.9 280.85
Euro EUR 295 298
UK Pound Sterling GBP 345 349
U.A.E Dirham AED 75.45 76.2
Saudi Riyal SAR 73.3 74.05
Australian Dollar AUD 182.7 184.5
Bahrain Dinar BHD 739.38 747.38
Canadian Dollar CAD 204 206.2
China Yuan CNY 38.45 38.85
Danish Krone DKK 40.45 40.85
Hong Kong Dollar HKD 35.57 35.92
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.86 1.94
Kuwaiti Dinar KWD 903.91 912.91
Malaysian Ringgit MYR 58.92 59.52
New Zealand Dollar NZD 167.63 169.63
Norwegians Krone NOK 25.38 25.68
Omani Riyal OMR 722.1 730.1
Qatari Riyal QAR 76.35 77.05
Singapore Dollar SGD 206 208
Swedish Korona SEK 25.72 26.02
Swiss Franc CHF 307.11 309.61
Thai Bhat THB 7.61 7.76

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