Pakistan-Sri Lanka Trade and Investment Conference begins tomorrow

Web Desk 11:21 PM | 23 Feb, 2021
Pakistan-Sri Lanka Trade and Investment Conference begins tomorrow

ISLAMABAD – The Ministry of Commerce and the Trade Development Authority of Pakistan will organise Pakistan- Sri Lanka Trade and Investment Conference in Colombo on Wednesday.

Prime Minister Imran Khan, who is on two-day official visit to Sri Lanka and his Sri Lankan counterpart Mahinda Rajapaksa are expected to attend the event. 

However, Advisor to Pakistan's Prime Minster on Commerce and Investment and Sri Lankan Trade Minister will attend the conference.

Pakistan's Secretary Commerce and Chairman board of Investment will give presentations on Pakistan's trade and investment potential, according to a TDAP press release here Tuesday.

The conference is aimed at promoting the trade and investment between the two countries as trading partners. It is a step forward towards further cementing the bilateral ties especially on economic front.

Around 40 leading Pakistani businessmen are accompanying the prime minister. In the backdrop of COVID protocols, the Pakistan mission in Colombo has invited 200 top businessmen and investors from Sri Lanka to the conference , which is first of its kind in Sri Lanka.

On the sidelines, business-to-business talks will be held which will provide an opportunity to the two business communities representing key sectors like textile, pharmaceutical, construction, information technology , agri and food, tourism, footwear, hospitality and tourism to engage in effective B2B meetings for enhanced cooperation.

This is the fourth high level engagement between Pakistan and Sri Lanka witnessed in last few months since the 6th Foreign Secretary Level Bilateral Political Consultations in December 2020, followed by the 12th Session of Joint Economic Commission.

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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 8, 2023 (Wednesday).

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

Currency Symbol Buying Selling
US Dollar ‎USD 276.9 280.15
Euro EUR 296.12 296.74
UK Pound Sterling GBP 331.78 332.48
U.A.E Dirham AED 75.06 75.36
Saudi Riyal SAR 73.48 73.79
Australian Dollar AUD 190.31 192.71
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 35.45
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 174.19 176.18
Norwegians Krone NOK 27.12 27.41
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 – Gold prices fell on Wednesday for the third straight day in local markets, after hitting aan all-time high in previous week.

The per tola price of 24 carats gold in Pakistan dropped by Rs2,000 to settle at Rs198,000 while the price of 10 grams decreased by Rs1715 to reach Rs169753.

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

In the international market, the commodity witnessed an upward trend as per ounce price reached to $1,880 after an increase of $11 dollars.


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