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PM Imran calls meeting to tackle inflation today

06:04 PM | 18 Oct, 2021
PM Imran calls meeting to tackle inflation today

ISLAMABAD – Prime Minister Imran Khan has called a special meeting to discuss measures to tackling skyrocketing inflation across the country amid mounting pressure from the Opposition.

The development comes days after the federal government hiked petroleum and electricity prices for another time, angering general public and political leaders.

Reports said that the prime minister is likely to make major announcement about providing relief to public in the meeting.

The premier has reportedly designed a roadmap to tackle the growing inflation and he will brief the meeting about his roadmap.

A day earlier, Pakistan Democratic Movement (PDM) chief Maulana Fazlur Rahman announced on Sunday the opposition alliance would launch countrywide protests against the rising inflation and poverty in the country.

Addressing the media, the head of the alliance of opposition parties said that people would have to take to streets against the poor economic policies of the government that suppressed the poor segment of the society.

Fazl made the announcement after a telephone conversation with Shehbaz Sharif, leader of the Opposition in National Assembly.

After discussing the growing inflation in the country, the heads of the two opposition parties decided to launch a movement against the PTI-led government.

PML-N supreme leader Nawaz Sharif endorsed the decision taken by the PDM leadership.

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Currency Rates in Pakistan Today - PKR to US Dollar, Euro, Pound, Dirham, and Riyal 12 April

Pakistani currency remains unchanged against US dollar and other currencies in open market on April 12, 2024.

US Dollar rate in Pakistan

On Friday, the US dollar was being quoted at 277.4 for buying and 280.65 for selling.

Euro was quoted at 299.95 for buying and 302.9 for selling while British Pound stands at 349.5 for buying, and 353 for selling.

UAE Dirham AED was at 75.45 and Saudi Riyal's new rates was at 73.30. 

Today’s currency exchange rates in Pakistan - 12 April 2024

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