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Pakistan’s Finance Minister meets Donald Lu, IMF officials in Washington

09:02 AM | 18 Apr, 2024
Pakistan’s Finance Minister meets Donald Lu, IMF officials in Washington
Source: Ministry of Finance

ISLAMABAD – Finance Minister Muhammad Aurangzeb is in Washington where he called on US Assistant Secretary of State for South and Central Asian Affairs Donald Lu – former ambassador who was at the center of ‘cipher saga’.

Aurangzeb held discussions with US Assistant Secretary of State for South and Central Asian Affairs Donald Lu and other Principal Deputy Assistant Secretary of the US Department of State Elizabeth Horst at World Bank headquarters.

Pakistan’s finance chief briefed US officials on Islamabad’s reform agenda. Both sides agreed to further strengthen relations.

Both sides shared views on alternative energy, agriculture, climate issues, and challenges in the tech industry. Aurangzeb emphasized need to enhance the economic partnership between Islamabad and Washington.

FinMin also explored investment opportunities in IT, agriculture, and other sectors with US officials.

Pakistan aims to collaborate with the US International Development Finance Corporation and the Exim Bank. Minister also participated in the Middle East and North Africa (MENAP) Ministers and Governors meeting with the Managing Director of the IMF, expressing gratitude to the IMF, Multilateral Development Banks, and bilateral partners for their support during challenging times.

He presented reforms agenda, including expanding the tax base, privatizing loss-making state-owned enterprises, enhancing the social safety net, and promoting the private sector.

Daily Pakistan Global Web Desk

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Currency Rates in Pakistan Today - Pak Rupee to US Dollar, Euro, Dirham, Riyal 22 May 2024

 Pakistani currency rates against US Dollar and other currencies on May 22, 2024 (Wednesday) in open market.

USD to PKR rate today

US dollar was being quoted at 277.15 for buying and 280.05 for selling.

Euro moved down to 297 for buying and 300 for selling while British Pound rate is 349 for buying, and 352.5 for selling.

UAE Dirham AED was at 75.25 and Saudi Riyal came down to 73.50.

Today’s currency exchange rates in Pakistan - 22 May 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 277.15 277.15
Euro EUR 297 300
UK Pound Sterling GBP 349 352.5
U.A.E Dirham AED 75.2 75.95
Saudi Riyal SAR 73.45 74.2
Australian Dollar AUD 183 184.8
Bahrain Dinar BHD 740.34 748.34
Canadian Dollar CAD 203 205
China Yuan CNY 38.51 38.91
Danish Krone DKK 40.52 40.92
Hong Kong Dollar HKD 35.7 36.05
Indian Rupee INR 3.34 3.45
Japanese Yen JPY 1.91 1.99
Kuwaiti Dinar KWD 903.3 912.3
Malaysian Ringgit MYR 59.34 59.94
New Zealand Dollar NZD 170.11 172.11
Norwegians Krone NOK 25.92 26.22
Omani Riyal OMR 723.13 731.13
Qatari Riyal QAR 76.42 77.12
Singapore Dollar SGD 203 205
Swedish Korona SEK 25.98 26.28
Swiss Franc CHF 305.97 308.47
Thai Bhat THB 7.67 7.82

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