PM Abbasi, COAS Bajwa to hold crucial meetings in Saudi Arabia next week

07:05 PM | 25 Nov, 2017
PM Abbasi, COAS Bajwa to hold crucial meetings in Saudi Arabia next week
ISLAMABAD - Prime Minister Shahid Khaqan Abbasi and Chief of Army Staff General Qamar Javed Bajwa will be traveling to Saudi Arabia next week for a crucial conference on the Islamic Military Counter Terrorism Coalition (IMCTC).

The inaugural conference of defence ministers of member countries of the Saudi-led alliance is taking place in Riyadh on Sunday. Defence Minister Khurram Dastgir, who left for Riyadh today, will represent Pakistan at the daylong conference, which would discuss the possible contours of the military alliance.

The IMCTC is a coalition of 41 Muslim countries against terrorism and violent extremism. The theme of the Sunday’s meeting is “Allied Against Terrorism”.

Crown Prince and Minister of Defense of Saudi Arabia Mohammed bin Salman Al Saud will open the meeting.

The key events and presentations will revolve around the strategy, governance, achievements, plans and initiatives of the Coalition in the domains of ideology, communications, counter-terrorist financing, and military.

Pakistan has principally agreed to be a part of the alliance, but the scope of its participation has yet to be decided. The Riyadh moot will likely finalise the terms of reference after which Islamabad would have to make its final call on the military alliance.

Meanwhile, the foreign minister confirmed that US Defence Secretary James Mattis would be coming to Pakistan on December 3. He said during his visit he would meet the prime minister, the army chief and other officials to advance discussions on bilateral issues as well as cooperation between the two countries on the war on terror.

The writer is a member of the staff.


Currency Rates in Pakistan - Pakistani rupee exchange rate against US dollar, Euro, Pound and Riyal - 24 Feb 2024

Pakistani currency remains largely stable against US dollar and other currencies in the open market on February 24, 2024.

US Dollar rate in Pakistan

In the open market, the US dollar was being quoted at 279.5 for buying and 282.55 for selling.

On Saturday, Euro stands at 302  for buying and 305 for selling while British Pound rate stands at 352.5 for buying, and 356 for selling.

UAE Dirham AED hovers at 76.1 whereas the Saudi Riyal saw slight increase, with new rates at 74.35.

Today’s currency exchange rates in Pakistan - 24 February 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 279.5 282.55
Euro EUR 302 305
UK Pound Sterling GBP 352.5 356
U.A.E Dirham AED 76.1 76.8
Saudi Riyal SAR 74.35 75.1
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 2.10 2.18
Kuwaiti Dinar KWD 908.79 917.79
Malaysian Ringgit MYR 58.6 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 77.46
Singapore Dollar SGD 207 209
Swedish Korona SEK 26.53 26.83
Swiss Franc CHF 317.87 320.37
Thai Bhat THB 7.79 7.94


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