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PM Imran perturbed over proposal to give Islamabad’s Fatima Jinnah Park in mortgage

07:34 PM | 26 Jan, 2021
PM Imran perturbed over proposal to give Islamabad’s Fatima Jinnah Park in mortgage

ISLAMABAD - Prime Minister Imran Khan on Tuesday expressed anger over a summary seeking to pledge a public park in the federal capital for issuing Sukuk bonds to raise debt.

The prime minister was chairing a cabinet meeting when the summary was presented by finance secretary. The others members of the cabinet also criticised the summary with some calling for giving the Islamabad club, a place for elite class, in mortgage instead of the Fatima Jinnah Part, which also known as F-9 park.

“Who is giving suggestions of pledging the F-9 part?” questioned the premier, adding that the public park should not be given in mortgage as such moves damaged the reputation of the government.

The finance secretary said that pledging the park is just a symbolic move, to which, Khan said then pledge Prime Minister House if it is symbolic.

For the mortgage, the officials had valued the landmark Fatima Jinnah Park, Islamabad, at $5.8 billion or Rs930 billion with the intention of pledging.

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Pakistani rupee exchange rate against US dollar, Euro, Pound and Riyal - 22 February 2024

Pakistani rupee remains stable against US dollar and other currencies in the open market on February 22, 2024 (Thursday)

US Dollar rate in Pakistan

In the open market, the US dollar was being quoted at 279.6 for buying and 282.4 for selling.

Euro comes down to 300.2 for buying and 303.2 for selling while British Pound rate stands at 350.6 for buying, and 354.1 for selling.

UAE Dirham AED hovers at 76.2 whereas the Saudi Riyal saw slight increase, with new rates at 74.45.

Today’s currency exchange rates in Pakistan - 22 Feb 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 279.6 282.4
Euro EUR 300.2 303.2
UK Pound Sterling GBP 350.6 354.1
U.A.E Dirham AED 76.2 76.95
Saudi Riyal SAR 74.45 75.2
Australian Dollar AUD 181.15 183.15
Bahrain Dinar BHD 743.32 751.32
Canadian Dollar CAD 207.15 209.15
China Yuan CNY 38.89 39.29
Danish Krone DKK 40.38 40.78
Hong Kong Dollar HKD 35.74 36.09
Indian Rupee INR 3.37 3.48
Japanese Yen JPY 2.10 2.18
Kuwaiti Dinar KWD 902.41 911.41
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 725.96 733.96
Qatari Riyal QAR 76.76 77.46
Singapore Dollar SGD 207.1 209.1
Swedish Korona SEK 26.53 26.83
Swiss Franc CHF 316.9 319.4
Thai Bhat THB 7.93 8.08

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