Pakistan to face more difficult times, says PM Shehbaz

05:28 PM | 23 Jun, 2022
Pakistan to face more difficult times, says PM Shehbaz
Source: Prime Minister\'s Office (Twitter)

ISLAMABAD – Prime Minister Shehbaz Sharif has said the country will face difficult times going forward as the global lender was adamant on incumbent government fulfilling all the conditions of the agreement.

Addressing the party senators in the country’s federal capital, Prime Minister Shehbaz Sharif said the International Monetary Fund (IMF) was not ready to trust the coalition government in wake of the actions of the ousted government.

Taking a hit at Pakistan Tehreek-e-Insaf (PTI) for 'pushing the economy to the verge of bankruptcy', the premier said the Imran Khan-led government signed an agreement with IMF to increase the levy on fuel prices.

Sharif however mentioned that the agreement with the IMF had been decided, saying that matters would be settled in the coming days.

PM reiterated that Imran Khan, knowing he would lose the no-trust motion, lowered the fuel prices despite the oil prices being record high in the global market.

He continued saying that taking the nation towards prosperity was the responsibility of the government, the cabinet, and state institutions.

PM said genuine taxes were being imposed on the elite class to relieve the poor, adding that he will address the nation in the next few days to take them on board about the economic situation.

He also mentioned that Beijing approved disbursing a $2.3 billion loan to the South Asian nation which was a sigh of relief in the current circumstances.

Daily Pakistan Global Web Desk


Today Open Market Currency Rates - Pak Rupee to US Dollar, Euro, Pound, Riyal - 23 June 2024

Pakistani rupee rates against US Dollar and other currencies on June 23, 2024 (Saturday) in open market.

USD to PKR Rate Today

US dollar was being quoted at 277.7 for buying and 280.85 for selling.

Euro's buying rate stands at 294.3 and selling rate is 297.9 while British Pound rate is 352 for buying, and 355.5 for selling.

UAE Dirham AED was at 75 and Saudi Riyal at 72.85.

Currency Rates in Pakistan

Currency Symbol Buying Selling
US Dollar USD 277.7 280.85
Euro EUR 294.3 297.9
UK Pound Sterling GBP 352 355.5
U.A.E Dirham AED 75 75.8
Saudi Riyal SAR 72.85 73.6
Australian Dollar AUD 182.2 184
Bahrain Dinar BHD 740.98 748.98
Canadian Dollar CAD 202 204
China Yuan CNY 38.4 38.8
Danish Krone DKK 40.15 40.55
Hong Kong Dollar HKD 35.68 36.03
Indian Rupee INR 3.34 3.45
Japanese Yen JPY 1.9 1.98
Kuwaiti Dinar KWD 908.7 917.7
Malaysian Ringgit MYR 59.07 59.67
New Zealand Dollar NZD 170.98 172.98
Norwegians Krone NOK 26.38 26.68
Omani Riyal OMR 723.75 731.75
Qatari Riyal QAR 76.53 77.23
Singapore Dollar SGD 202 204
Swedish Korona SEK 26.68 26.98
Swiss Franc CHF 315.21 317.71
Thai Bhat THB 7.59 7.74


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