ISLAMABAD – The federal government has approved the appointment of a veteran aviation professional and a former MD PIA Aslam R Khan as the new board chairman of the national carrier.
The decision was taken in a meeting chaired by Prime Minister Imran Khan, said Federal Information Minister Chaudhry Fawad Hussain on Tuesday.
With over three decades of multi-faceted airline experience, he had also been served as the Managing Director of PIA Investments Limited for fourteen years. Aslam started his career with Lufthansa and then moved to PIA.
On the other hand, the federal cabinet has given go-ahead for the import of one million tons of wheat, the information minister said, adding that Property Encroachment Bill 2021 has also been approved.
He said that a matter related to loan write-offs had been postponed as the names of the applicants had not been mentioned in the documents clearly.
Fawad Chaudhry said that special tribunals were being set up for people illegally occupying properties owned by the federal government, adding that the tribunals will decide the matter within 30 days.
The federal cabinet also approved a three-month extension in the tenure of Asif Rauf as chairman of the Drug Regulatory Authority of Pakistan (DRAP).
Pakistani rupee inches up against US dollar in the open market on 28 March, 2024.
In the open market, the US dollar was being quoted at 278.4 for buying and 281.4 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 | 278.4 | 281.4 |
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 | 73.7 | 74.4 |
Australian Dollar | AUD | 182.9 | 184.7 |
Bahrain Dinar | BHD | 739.61 | 747.61 |
Canadian Dollar | CAD | 204.25 | 206.45 |
China Yuan | CNY | 38.74 | 39.14 |
Danish Krone | DKK | 40.30 | 40.70 |
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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