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Pakistani PM embarks on official visit to Saudi Arabia today to attend 'Davos in the desert'

World leaders headed to KSA to attend Future Investment Initiative, nicknamed Davos in the Desert

02:33 PM | 24 Oct, 2022
Pakistani PM embarks on official visit to Saudi Arabia today to attend 'Davos in the desert'
Source: Prime Minister\'s Office (Twitter)

ISLAMABAD – Prime Minister Shehbaz Sharif is set to embark on his official visit to Saudi Arabia on Monday to attend Saudi Future Investment Initiative Summit.

Reports of state broadcaster said the premier, during his stay in Kingdom, will hold consultations with the top Saudi officials including Crown Prince to review the longstanding fraternal relations, with a view to further strengthening the multifaceted cooperation, especially in the economic field.

PM is visiting the Arab country at the invitation of Saudi Crown Prince and Prime Minister Mohammed bin Salman and attend the Saudi Future Investment Initiative Summit.

Prime Minister is visiting brother Islamic country ahead of Saudi Crown Prince's visit to Pakistan next month. 

Meanwhile, leaders across the world are headed to the Saudi Arabia for the three-day gathering. Notably, Pakistan's strategic partner US will be absent, amid recent row with Kingdom.

Kingdom arranged the crucial summit under the initiative of de facto ruler to expand the country's role beyond oil in the global economy.

Daily Pakistan Global Web Desk


Pakistani rupee rate against US Dollar, Euro, Pound, Riyal - Check 14 April forex rates

Pakistani currency remains unchanged against US dollar and other currencies in open market on April 14, 2024.

US Dollar rate in Pakistan

On Sunday, the US dollar was being quoted at 277.5 for buying and 280.5 for selling.

Euro was quoted at 299.95 for buying and 302.9 for selling while British Pound stands at 349.5 for buying, and 353 for selling.

UAE Dirham AED was at 75.45 and Saudi Riyal's new rates was at 73.30. 

Today’s currency exchange rates in Pakistan - 14 April 2024

Source: Forex Association of Pakistan. (last update 08:00 AM)
Currency Symbol Buying Selling
US Dollar USD 277.5 280.5
Euro EUR 299.95 302.9
UK Pound Sterling GBP 349.5 353
U.A.E Dirham AED 75.45
Saudi Riyal SAR 73.3 74.05
Australian Dollar AUD 182.7 184.5
Bahrain Dinar BHD 739.38 747.38
Canadian Dollar CAD 204 206.2
China Yuan CNY 38.45 38.85
Danish Krone DKK 40.45 40.85
Hong Kong Dollar HKD 35.57 35.92
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.86
Kuwaiti Dinar KWD 903.91 912.91
Malaysian Ringgit MYR 58.92 59.52
New Zealand Dollar NZD 167.63 169.63
Norwegians Krone NOK 25.38 25.68
Omani Riyal OMR 722.1 730.1
Qatari Riyal QAR 76.35 77.05
Singapore Dollar SGD 206 208
Swedish Korona SEK 25.72 26.02
Swiss Franc CHF 307.11 309.61
Thai Bhat THB 7.61 7.76


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