ISLAMABAD – The coalition government under Prime Minister Shehbaz Sharif has decided to complete its constitutional term till August 23 in a bid to drive the country out of economic crisi.
The decision was taken in a meeting, which was attended by JUI-F chief Maulana Fazlur Rehman, PPP Co-chairman Asif Ali Zardari, MQM-P's Khalid Maqbool Siddiqui, and federal ministers Azam Nazeer Tarar and Khawaja Asif.
Apart from the discussion on prevailing political situation in the country, the meeting also discussed the Supreme Court of Pakistan's verdict on a presidential reference related to interpretation of Article 63 (A) of the constitution. It also discussed the situation arising in Punjab after the top court’s ruling as several PTI provincial lawmakers voted for Hamza Shahbaz Sharif in chief minister election in violation of party line.
Reports said that the coalition partners assured PM Shehbaz of full support in every situation. They also asked the premier to take measures to stabilise the worsening economic crisis.
The five-week-old government has been multiple challenges on economic and political fronts as on one side, dollar continues to again rupee and PTI chief Imran Khan is putting pressure on it for snap election on the other side.
Pakistani rupee remains stable against US dollar in the open market on 29 March, 2024.
In the open market, the US dollar was being quoted at 278.3 for buying and 281.05 for selling.
Euro moves down to 299.75 for buying and 302.75 for selling while British Pound hovers around 353.75 for buying, and 357.25 for selling.
UAE Dirham AED remains stable at 75.55 whereas the Saudi Riyal saw minor increase, with new rates at 73.70.
Currency | Symbol | Buying | Selling |
US Dollar | USD | 278.3 | 281.05 |
Euro | EUR | 299.75 | 302.75 |
UK Pound Sterling | GBP | 353.75 | 357.25 |
U.A.E Dirham | AED | 75.55 | 76.3 |
Saudi Riyal | SAR | 73.70 | 74.4 |
Australian Dollar | AUD | 182.9 | 184.7 |
Bahrain Dinar | BHD | 739.61 | 747.61 |
Canadian Dollar | CAD | 204.25 | 206.46 |
China Yuan | CNY | 38.74 | 39.14 |
Danish Krone | DKK | 40.30 | 40.7 |
Hong Kong Dollar | HKD | 35.55 | 35.9 |
Indian Rupee | INR | 3.33 | 3.44 |
Japanese Yen | JPY | 1.86 | 1.94 |
Kuwaiti Dinar | KWD | 901.14 | 910.14 |
Malaysian Ringgit | MYR | 59.25 | 59.85 |
New Zealand Dollar | NZD | 168.56 | 170.56 |
Norwegians Krone | NOK | 26.19 | 26.49 |
Omani Riyal | OMR | 724.36 | 732.36 |
Qatari Riyal | QAR | 76.57 | 77.27 |
Singapore Dollar | SGD | 206.25 | 208.25 |
Swedish Korona | SEK | 26.89 | 27.19 |
Swiss Franc | CHF | 313.78 | 316.28 |
Thai Bhat | THB | 7.76 | 7.91 |
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