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Israel, Hamas agree on ceasefire in Gaza, hostage-exchange deal

07:24 PM | 22 Nov, 2023
Israel, Hamas agree on ceasefire in Gaza, hostage-exchange deal
Source: UN website

DOHA – After nearly seven weeks of war, Israel and Hamas reached an agreement on Wednesday to a ceasefire in Gaza for four days and exchange of hostages. 

Qatar played a mediation role for the first truce since Israel launched massive attacks on Gaza, targeting civilians, on October 7 after Hamas attacked Israel, claiming 1,200 lives. Since then, Israeli forces have skilled more than 14,000 Palestinians in Gaza. 

Under the deal, Hamas would release at least 50 hostages captured during the October 7 attack and in exchange Israel would free at least 150 Palestinians.

Hamas political bureau member Mousa Abu Marzouk has told Al Jazeera that the truce is expected to start at 10am (08:00 GMT) on Thursday.

Marzouk said the pause in fighting would cover “all regions the of Gaza Strip”, adding that “there will be no warplanes or air traffic in Gaza from 10am to 4pm”.

Israeli Prime Minister Benjamin Netanyahu's office on Tuesday night in a statement said 50 women and children would be released during these four days under the exchange deal.

"Israel's government is committed to return all the hostages home. Tonight, it approved the proposed deal as a first stage to achieving this goal," said the government statement.

The United Nations has welcomed the deal, calling it an import step. UN chief António Guterres added that the UN stood ready to “maximize” the positive humanitarian impact of the agreement.

“This is an important step in the right direction, but much more needs to be done,” Mr. Guterres said via a statement from his spokesperson Farhan Haq.  

The development comes as UN humanitarians reiterated that they remain ready to seize the opportunity to ramp up lifesaving aid to the enclave.

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Pakistani rupee exchange rate against US dollar, Euro, Pound and Riyal – March 3, 2024

Pakistani rupee remains largely stable against USD and other currencies in the open market on March 3, 2024 (Sunday).

US Dollar rate in Pakistan

In the open market, the US dollar was being quoted at 279.3 for buying and 282.45 for selling.

Euro currently stands at 302.5 for buying and 305.5 for selling while British Pound rate stands at 354 for buying, and 359 for selling.

UAE Dirham AED hovers at 76.3 whereas the Saudi Riyal saw slight increase, with new rates at 74.5.

Today’s currency exchange rates in Pakistan – March 3, 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar ‎USD 279.3 282.45
Euro EUR 302.5 305.5
UK Pound Sterling GBP 354 359
U.A.E Dirham AED 76.3 77
Saudi Riyal SAR 74.5 75.3
Australian Dollar AUD 181 183
Bahrain Dinar BHD 737.97 745.97
Canadian Dollar CAD 207 209.2
China Yuan CNY 38.82 39.22
Danish Krone DKK 40.23 40.63
Hong Kong Dollar HKD 35.7 36.05
Indian Rupee INR 3.37 3.48
Japanese Yen JPY 2.1 2.18
Kuwaiti Dinar KWD 901.62 910.62
Malaysian Ringgit MYR 58.49 59.09
New Zealand Dollar NZD 168.97 170.97
Norwegians Krone NOK 26.54 26.84
Omani Riyal OMR 725.68 733.68
Qatari Riyal ‎QAR 76.74 77.44
Singapore Dollar SGD 207 209
Swedish Korona SEK 27.13 27.43
Swiss Franc CHF 314.07 316.57
Thai Bhat THB 7.74 7.89

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