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Pakistan, China to launch satellite to monitor CPEC projects

Fayyaz Hussain 01:20 AM | 22 Apr, 2016
Pakistan, China to launch satellite to monitor CPEC projects
ISLAMABAD (Web Desk) - Pakistan Space and Upper Atmosphere Research Commission has signed a contract with China Great Wall Industry Corporation for collaboration in the development and launch of Pakistan remote sensing satellite system.

Minister for Planning and Development Ahsan Iqbal and President of China Great Wall Industry Corporation Yin Liming signed an agreement in Islamabad on Wednesday.

An indigenously developed experimental satellite by SUPARCO will also be co launched with the remote sensing satellite.

This will be the first remote sensing satellite of Pakistan which will have multiple applications that will significantly assist the socio economic and infrastructure development activities in the country.

It will be utilized to help in disaster management such as flood forecasting and damage assessment.

Its use will be extended to the areas of mapping forestry and urban development. The sensing satellite will also serve the needs of the national security, especially in the context of security and border surveillance.

The cooperation between Pakistan and China in the space domain will open new vistas of socio economic and scientific cooperation between the two friendly states.

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KARACHI - Following are the foreign currency exchange rates for US Dollar, Saudi Riyal, UK Pound Sterling, U.A.E. Dirham, European Euro, and other foreign currencies in Pakistan open market on February 7, 2022 (Tuesday).

Source: Forex Association of Pakistan. (last update 09:00 AM)

Currency Symbol Buying Selling
US Dollar ‎USD 279 282
Euro EUR 296.67 297.26
UK Pound Sterling GBP 331.71 332.41
U.A.E Dirham AED 74.8 75.1
Saudi Riyal SAR 73.21 73.51
Australian Dollar AUD 190.31 192.72
Bahrain Dinar BHD 732.23 740.23
Canadian Dollar CAD 205.22 207.42
China Yuan CNY 40.72 41.12
Danish Krone DKK 39.92 40.32
Hong Kong Dollar HKD 35.08 35.43
Indian Rupee INR 3.35 3.46
Japanese Yen JPY 2.5 2.54
Kuwaiti Dinar KWD 900.32 909.32
Malaysian Ringgit MYR 64.65 65.25
New Zealand Dollar NZD 174.19 176.19
Norwegians Krone NOK 27.12 27.42
Omani Riyal OMR 715.11 723.11
Qatari Riyal ‎QAR 75.64 76.34
Singapore Dollar SGD 208.03 210.03
Swedish Korona SEK 26.1 26.4
Swiss Franc CHF 297.31 299.81
Thai Bhat THB 8.25 8.4

KARACHI – The gold price in Pakistan dropped by Rs4,300 per tola to reach Rs200,000 on Tuesday as it lost ground on second consecutive day after witnessing mostly bullish trend last week.

As per the All-Pakistan Sarafa Gems and Jewellers Association (APSGJA), the price of 10 grams of 24 carats gold decreased by Rs3,686 to settle at Rs171,468.

On Monday, the gold price witnessed a drop of Rs200 per tola to close at Rs204,300.

In the international market, the commodity dropped by $1 to reach $1,869 per ounce.

Meanwhile, silver prices in the domestic market slumped by Rs20 per tola and Rs17.14 per 10 grams to reach at Rs2,230 and Rs1,911, respectively.

https://en.dailypakistan.com.pk/07-Feb-2023/rupee-depreciates-against-us-dollar-again

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