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Here’s the govt's strategy If President Alvi delays appointment of next Army Chief

12:32 PM | 24 Nov, 2022
Here’s the govt's strategy If President Alvi delays appointment of next Army Chief
Source: social media

ISLAMABAD – Sharif-led federal government has finally picked Lt Gen Asim Munir as the new chief of army staff (COAS) and now the most senior officer in the Army needs President’s nod for the appointment.

On Wednesday, former prime minister and PTI Chairman Imran Khan revealed that President Arif Alvi was in touch with him and will consult him on the summary of the appointment of Chief of Army Staff (COAS).

As President holds the authority to delay the key posting under the Constitution for more than three weeks, the incumbent government, backed by an 11-party alliance, has several options to counter President Alvi’s move.

Reports suggest that Prime Minister has the authority to appoint the vice chief of army staff which needs no approval from the President.

As some hinted at a rare deadlock over the most coveted post, experts suggest that President Alvi, a key ally of former ruling Pakistan Tehreek e Insaf, will not stretch the summary.

On the other hand, the populist leader Imran Khan expressed concerns, alleging that despoed PM Nawaz Sharif and Asif Zardari wanted to pick the army chief of their choice to sideline PTI and to get away with corruption cases. 

Daily Pakistan Global Web Desk

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Pakistani rupee exchange rate against US dollar, Euro, Pound and Riyal - 23 February 2024

Pakistani rupee remains stable against US dollar and other currencies in the open market on February 23, 2024 (Friday)

US Dollar rate in Pakistan

In the open market, the US dollar was being quoted at 279.5 for buying and 282.45 for selling.

Euro comes down to 301 for buying and 304 for selling while British Pound rate stands at 351.5 for buying, and 355 for selling.

UAE Dirham AED hovers at 75.95 whereas the Saudi Riyal saw slight increase, with new rates at 74.25.

Today’s currency exchange rates in Pakistan - 23 Feb 2024

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

Currency Symbol Buying Selling
US Dollar ‎USD 279.5 282.45
Euro EUR 301 304
UK Pound Sterling GBP 351.5 355
U.A.E Dirham AED 75.95 76.7
Saudi Riyal SAR 74.25 75
Australian Dollar AUD 181 183
Bahrain Dinar BHD 743.88 751.88
Canadian Dollar CAD 207 209
China Yuan CNY 38.89 39.29
Danish Krone DKK 40.38 40.78
Hong Kong Dollar HKD 35.76 36.11
Indian Rupee INR 3.37 3.48
Japanese Yen JPY 2.1 2.18
Kuwaiti Dinar KWD 908.79 917.79
Malaysian Ringgit MYR 58.60 59.2
New Zealand Dollar NZD 171.68 173.68
Norwegians Krone NOK 26.43 26.73
Omani Riyal OMR 726.53 734.53
Qatari Riyal ‎QAR 76.76 77.43
Singapore Dollar SGD 207 209
Swedish Korona SEK 26.53 26.83
Swiss Franc CHF 317.87 320.87
Thai Bhat THB 7.79 7.94

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