FATF holds meeting in Paris to decide Pakistan’s fate today

12:21 PM | 17 Feb, 2020
FATF holds meeting in Paris to decide Pakistan’s fate today

PARIS - Financial Action Task Force (FATF) will meet today (Monday) to review steps taken by Pakistan in implementation of its 27-points action plan to decide its fate about the name in the grey list.

According to media reports, a Paris-based international money-laundering watchdog has observed that Pakistan is gradually making progress in compliance of 27 points to stop money laundering and terror financing.

According to the reports, there is, however, no chance of placing Pakistan’s name at the blacklist as the country made huge progress in compliance of the points set by the global anti-money laundering body last year.

On the other hand, India has been making huge efforts to place Pakistan’s name on the blacklist but all its nefarious designs failed to achieve the targets.

Pakistan just needed political and diplomatic efforts to get rid of the grey list as technically it has made 14 points.

However, top official sources confirmed that the FATF joint group in its submitted report related to the ongoing plenary meeting at Paris had declared Pakistan compliant on fresh nine points. Earlier, Islamabad was cleared on five points.

A Pakistani delegation led by Minister for Economic Affairs Hammad Azhar is in Paris to represent Pakistan before FATF in its ongoing meetings from Feb 16 to Feb 21.

Daily Pakistan Global Web Desk


Currency Rates in Pakistan - Pakistani Rupee to US Dollar, Euro, Dirham, Riyal 13 June 2024

Pakistani currency rates against US Dollar and other currencies on June 13, 2024 (Thursday) in open market.

USD to PKR Rate Today

US dollar was being quoted at 277.6 for buying and 280.65 for selling.

Euro's buying rate stands at 296 and selling rate is 299 while British Pound rate is 350.5 for buying, and 353 for selling.

UAE Dirham AED was at 75 and Saudi Riyal at 75.9.

Source: Forex Association of Pakistan. (last update 08:00 AM)
Currency Symbol Buying Selling
US Dollar USD 277.6 280.65
Euro EUR 296 299
UK Pound Sterling GBP 350.5 353
U.A.E Dirham AED 75 75.9
Saudi Riyal SAR 73.1 73.85
Australian Dollar AUD 182 184
Bahrain Dinar BHD 740.88 748.88
Canadian Dollar CAD 204 206
China Yuan CNY 38.38 38.78
Danish Krone DKK 40.14 40.54
Hong Kong Dollar HKD 35.66 36.01
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.91 1.99
Kuwaiti Dinar KWD 908.19 917.19
Malaysian Ringgit MYR 59.3 59.9
New Zealand Dollar NZD 170.79 172.79
Norwegians Krone NOK 25.97 26.27
Omani Riyal OMR 723.52 731.52
Qatari Riyal QAR 76.42 77.12
Singapore Dollar SGD 203.5 205.5
Swedish Korona SEK 26.4 26.7
Swiss Franc CHF 309.94 312.44
Thai Bhat THB 7.56 7.71


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