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AIOU sets up ODL institute at Kyrgyzstan

08:17 PM | 20 May, 2019
AIOU sets up ODL institute at Kyrgyzstan
ISLAMABAD - Allama Iqbal Open University has formally set up Open Distance Learning (ODL) Institute at International University of Kyrgyzstan (IUK), under an MoU earlier approved by the Federal Cabinet.

It is named as Pakistan-Kyrgyz Institute of Distance Education, a press release issued here said.

The modalities and road-map for running the institute were discussed and approved during the meeting of the Vice-Chancellor Professor Dr Zia-ul-Qayyum with his Kyrgyz counterpart, held in Kyrgyz’s capital Bishkek on Monday. It will be a joint project of the two countries for expanding the educational network through the distance learning system.

During the meeting, a detailed discussion took place regarding the process of admission and examination and fee structure for the Kyrgyz students.

The VC offered that the students would be able to take admission in Master, M.Phil and PhD- level programs. There will be an online study. However, as and when it required the students will have come to Pakistan for attending the face-to-face classes.

It is for first time, that the AIOU being the largest Open University in the world has established its academic network abroad, said Dr. Zia-ul-Qayyum while addressing the Faculty member of the IUK. We are proud that we have started it from a brotherly Muslim country in the Central Asian State, he added.

The AIOU, established 45 years back will share its experience and know-how with the Kyrgyz University, in line with the on-going cooperative partnership between the two countries in the educational sector.

Kyrgyz-Pak Institute will undertake academic research, publications, academic information and computational science.

Under the MoU, the AIOU was to provide the academic and technical support and the IUK was responsible for arranging space, equipment and staff to run the institute. There will be joint delivery of programs in various disciplines through online or blended learning facilities.

AIOU will train the master trainers in Arabic and English languages to cascade the same in Institute.

According to Director international collaboration and exchange office Dr Zahid Majeed, the AIOU has also decided to give fee concession to the Kyrgyz students, in line with its policy of promoting collaborations with the international institutions.

In this connection, the University’s Executive Council in its recent meeting had approved concession in tuition fee for Kyrgyzstan's students. Instead of charging a fee as per international practices, it was decided that their fee will be at par with Pakistani students.

However, this facility will not be applicable to the cost of living and other facilities. The revised rates will be applicable from Autumn, 2019.

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Pakistani rupee exchange rate to US dollar, Euro, Pound, Dirham, and Riyal - 4 Dec  2023

Pakistani rupee's value remained stable against US dollar, Euro, Pound, Dirham, Riyal and other currencies in the open market.

Dollar Rate in Pakistan Today

On Monday, the US dollar was being quoted at 285.15 for buying and 287.95 for selling.

Euro rate stands at 309.9 for buying and 310.5 for selling. British Pound GBP rate stands at 359.4 for buying, and 360.05 for selling.

UAE Dirham AED currently hovers around 77.45 while rate of Saudi Riyal stands at 75.82.

Today’s currency exchange rates in Pakistan – 4 December 2023

Currency Symbol Buying Selling
US Dollar USD 285.15  287.95 
Euro EUR 309.9  310.5 
UK Pound Sterling GBP 359.4  360.05 
U.A.E Dirham AED 77.45 77.6
Saudi Riyal SAR 75.82 75.97
Australian Dollar AUD 187.72 188.22
Bahrain Dinar BHD 759.94 767.94
Canadian Dollar CAD 209.99 210.49
China Yuan CNY 39.78 39.88
Danish Krone DKK 41.95 42.05
Hong Kong Dollar HKD 36.38 36.48
Indian Rupee INR 3.39 3.5
Japanese Yen JPY 1.49 1.56
Kuwaiti Dinar KWD 926.39 935.39
Malaysian Ringgit MYR 60.38 60.98
New Zealand Dollar NZD 173.44 175.44
Norwegians Krone NOK 26.25 26.55
Omani Riyal OMR 742.16 750.18
Qatari Riyal QAR 78.5 79.2
Singapore Dollar SGD 212.45 212.95
Swedish Korona SEK 27.09 27.19
Swiss Franc CHF 325.38 325.88
Thai Bhat THB 8.05 8.09

Gold prices in Pakistan move down despite positive global cues

The gold remained under pressure as the precious metal moved down despite an upward trend in the international market.

Gold Rates in Pakistan Today - 4 December 2023

On the first day of the week, the price of a single tola of 24-karat gold stands at Rs217,000 and 10 grams of 24k gold costs Rs186,043 

A single tola of 22-karat gold costs Rs170,539, while 21 karat rate for each tola is Rs. 192,325 and the price of 18k gold is Rs164,850.

In the global market, gold prices hover at around $2086, gaining $14.44 on Monday.

Today Gold Rate in Pakistan

City Gold Silver
Lahore PKR 217,000 PKR 2,720
Karachi PKR 217,000 PKR 2,720
Islamabad PKR 217,000 PKR 2,720
Peshawar PKR 217,000 PKR 2,720
Quetta PKR 217,000 PKR 2,720
Sialkot PKR 217,000 PKR 2,720
Attock PKR 217,000 PKR 2,720
Gujranwala PKR 217,000 PKR 2,720
Jehlum PKR 217,000 PKR 2,720
Multan PKR 217,000 PKR 2,720
Bahawalpur PKR 217,000 PKR 2,720
Gujrat PKR 217,000 PKR 2,720
Nawabshah PKR 217,000 PKR 2,720
Chakwal PKR 217,000 PKR 2,720
Hyderabad PKR 217,000 PKR 2,720
Nowshehra PKR 217,000 PKR 2,720
Sargodha PKR 217,000 PKR 2,720
Faisalabad PKR 217,000 PKR 2,720
Mirpur PKR 217,000 PKR 2,720

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