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PM Shehbaz, UAE president discuss ways to boost bilateral ties in Rahim Yar Khan

02:24 PM | 25 Jan, 2023
PM Shehbaz, UAE president discuss ways to boost bilateral ties in Rahim Yar Khan
Source: Twitter

RAHIM YAR KHAN – Prime Minister Shehbaz Sharif and UAE President Sheikh Mohamed bin Zayed Al Nahyan on Wednesday discussed ways and means to further strengthen bilateral relations in various fields.

The UAE president arrived in the city of Rahim Yar Khan during his visit to Pakistan earlier in the day. Upon his arrival at the airport, the president was received by PM Shehbaz Sharif, and a number of ministers and senior officials.

During the meeting, the two sides reviewed the historical UAE-Pakistan ties and opportunities of enhancing joint cooperation in a way that serves the mutual benefit of the two countries and their peoples across various domains, which falls within the framework of the two countries' strategic partnership, state-run WAM reported.

The prime minister welcomed the visit of Sheikh Mohamed to Pakistan, stressing that it represented a strong drive towards developing the relations of the two friendly countries.

The two parties discussed various cooperation paths especially in the fields of economy, trade and development, which are in line with the two countries' sustainability objectives.

They also discussed several issues of common interest, and exchanged views on a number of regional and international issues of mutual concern.

For his part, Prime Minister Sharif reaffirmed his country’s pride in the historical UAE-Pakistan relations, expressing his appreciation to the UAE for its continuous support to Pakistan in various conditions, especially in the development fields.

This is the second interaction between the two leaders of the friendly nations as PM Shehbaz visited Abu Dhabi earlier this month to discuss economic ties.

Following PM Shehbaz’s visit, the cash-strapped country gets a lifeline rollover of $2billion loan from Emirates, a move that Pakistan needs to make some breathing amid shrinking reserves.

Lately, the country’s top leaders including Prime Minister and Finance Minister visited friendly nations as forex reserves held by the country’s central bank fell to a critical level of $4.1 billion.

Pakistan approached the friendly countries as the ninth review of IMF is yet to proceed.

Daily Pakistan Global Web Desk

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Pakistani rupee exchange rate against US dollar, Euro, Pound and Riyal - 20 Feb 2024

Pakistani currency remained largely stable against US dollar and other currencies in the open market on February 20, 2024 (Tuesday).

US Dollar rate in Pakistan

In the open market, the US dollar was being quoted at 279.05 for buying and 282.1 for selling.

On Tuesday, Euro stands at 301 for buying and 304 for selling while British Pound rate stands at 352.4 for buying, and 355.4 for selling.

UAE Dirham AED hovers at 76.55 whereas the Saudi Riyal saw slight increase, with new rates at 74.2.

Today’s currency exchange rates in Pakistan - 20 Feb 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 279.05 282.1
Euro EUR 301 304
UK Pound Sterling GBP 352.4 355.4
U.A.E Dirham AED 76.55 77.25
Saudi Riyal SAR 74.2 75
Australian Dollar AUD 180 182
Bahrain Dinar BHD 743.12 751.12
Canadian Dollar CAD 206.5 208.5
China Yuan CNY 38.84 39.24
Danish Krone DKK 40.24 40.64
Hong Kong Dollar HKD 35.74 36.09
Indian Rupee INR 3.48 3.59
Japanese Yen JPY 2.10 2.18
Kuwaiti Dinar KWD 906.33 915.33
Malaysian Ringgit MYR 58.6 59.2
New Zealand Dollar NZD 170.1 172.1
Norwegians Krone NOK 26.43 26.73
Omani Riyal OMR 725.75 733.75
Qatari Riyal QAR 76.76 77.46
Singapore Dollar SGD 207 207
Swedish Korona SEK 26.85 27.15
Swiss Franc CHF 315.64 318.14
Thai Bhat THB 7.93 8.08

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