Caretaker govt to be formed under Gen Raheel for 3 years in 2018, claims newspaper

01:04 PM | 20 Aug, 2017
Caretaker govt to be formed under Gen Raheel for 3 years in 2018, claims newspaper
LAHORE - No general elections, due to be held next year 2018, would be conducted and no government will be formed under the prevailing parliamentary system, claims a local newspaper at a time when political situation in country is highly unstable.

Daily Khabrain has claimed that a decision regarding setting up a caretaker government for next three years has been made in order to make Pakistan a corruption-free country as all institutions want to get rid of menaces nurturing under the current political system.

It further claimed the caretaker government, comprising old politicians, bureaucrats, technocrats and retired generals, will be headed by former chief of army staff General (r) Rahil Sharif to ensure the accountability of everyone.

Through the caretaker government, a way would be paved for introducing presidential government system by eliminating the current power-sharing system, parliamentary system, in order to strengthen Pakistan.

Credible personalities, including Dr Attaur Rehman, Nisar Memon and others, would be brought into the parliament through caretaker government for holding accountability.

Meanwhile, Pakistan Muslim League-Nawaz (PML-N) termed it unrealistic stating that Raheel Shairf is under a five years contract with Saudi government during which he cannot do anything else, the newspaper reported.


Rupee exchange rate to US Dollar, Euro, Pound, Dirham, and Riyal - 25 Feb 2024 forex rates

Pakistani rupee remains stable against US dollar in the open market on February 25, 2024 (Sunday).

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.

Euro currently 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 - 25 Feb 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


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