Pakistan close to finalise talks with IMF: Finance Minister

01:48 PM | 17 Mar, 2019
Pakistan close to finalise talks with IMF: Finance Minister
ISLAMABAD - Finance Minister Asad Umar said that talks with the International Monetary Fund (IMF) are in final stages, the Radio Pakistan reported.

Talking to media in Tarnol near Islamabad, he said the government will have further negotiations with the newly appointed IMF mission before reaching an agreement.

The Finance Minister said the new IMF Mission Chief for Pakistan has been nominated who is due to arrive in Islamabad on 26th of this month. He will hold meetings with the Ministry of Finance and State Bank of Pakistan.

Asad Umar said after the annual meetings of World Bank and IMF in Washington next month, negotiations will be held with the IMF Mission for the final agreement.

Replying to a question, the Minister made it clear that the agreement on deferred payment of oil was made with Saudi Arabia and not the UAE. However, he said three billion dollar deposit facility by UAE is in place and Pakistan has already received two billion dollars of it.

Daily Pakistan Global Web Desk


Currency Rates in Pakistan - Pakistani rupee exchange rate against US dollar, Euro, Pound and Riyal - 24 Feb 2024

Pakistani currency remains largely stable against US dollar and other currencies in the open market on February 24, 2024.

US Dollar rate in Pakistan

In the open market, the US dollar was being quoted at 279.5 for buying and 282.55 for selling.

On Saturday, Euro stands at 302  for buying and 305 for selling while British Pound rate stands at 352.5 for buying, and 356 for selling.

UAE Dirham AED hovers at 76.1 whereas the Saudi Riyal saw slight increase, with new rates at 74.35.

Today’s currency exchange rates in Pakistan - 24 February 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 279.5 282.55
Euro EUR 302 305
UK Pound Sterling GBP 352.5 356
U.A.E Dirham AED 76.1 76.8
Saudi Riyal SAR 74.35 75.1
Australian Dollar AUD 181 183
Bahrain Dinar BHD 743.88 751.88
Canadian Dollar CAD 207 209
China Yuan CNY 38.89 39.29
Danish Krone DKK 40.38 40.78
Hong Kong Dollar HKD 35.76 36.11
Indian Rupee INR 3.37 3.48
Japanese Yen JPY 2.10 2.18
Kuwaiti Dinar KWD 908.79 917.79
Malaysian Ringgit MYR 58.6 59.2
New Zealand Dollar NZD 171.68 173.68
Norwegians Krone NOK 26.43 26.73
Omani Riyal OMR 726.53 734.53
Qatari Riyal QAR 76.76 77.46
Singapore Dollar SGD 207 209
Swedish Korona SEK 26.53 26.83
Swiss Franc CHF 317.87 320.37
Thai Bhat THB 7.79 7.94


Follow us on Facebook

Follow us on Twitter

Sign up for Newsletter