India and three stooges Bangladesh, Afghanistan, and Bhutan, chicken out of SAARC Summit

Following India’s instructions, three more client states, Bangladesh, Afghanistan, and Bhutan have also announced that they will not be attending the summit.

09:43 PM | 27 Sep, 2016
India and three stooges Bangladesh, Afghanistan, and Bhutan, chicken out of SAARC Summit
ISALAMABAD – After the Indian Prime Minister announced his disassociation and withdrawal from the SAARC summit scheduled  to be held in November in Islamabad, plethora of reports started pouring in from the Indian media stating that three Asian countries will boycott upcoming summit.

However, as always the reports were nothing but continuation of series of baseless rumors that is aimed at creating havoc and panic.

Adviser on Foreign Affairs Sartaj Aziz has strongly denied reports that three Asian countries will boycott upcoming Saarc summit in Pakistan adding that India is making propaganda to foil the conference.

Some Indian newspapers ran reports that Bangladesh, Afghanistan and Bhutan have also decided to pull out of the upcoming meet which Pakistan Foreign Office strongly denied and did not confirm the development.

“It’s part of Indian propaganda against Pakistan and our Saarc conference. They are running baseless and misleading reports that some Asian countries will not participate,” FO spokesman said.

“Such rumours about Saarc conference could be propaganda by RAW,” Sartaj Aziz said.

India had said that  Prime Minister Narendra Modi will not travel to Islamabad for the regional summit.

“Regional cooperation and terror don’t go together. India pulls out of SAARC summit in Islamabad,” said the official spokesperson for the India's Ministry for External Affairs (MEA) Vikas Swarup in a tweet on Tuesday.

“The Indian government has informed the current SAARC chair Nepal that increasing cross-border terrorist attacks in the region and growing interference in the internal affairs of member states by one country have created an environment that is not conducive to the successful holding of the 19th SAARC summit in Islamabad in November 2016,” said the statement released from the Indian foreign ministry.

The announcement came amid growing tensions between the two nuclear-armed neighbors following the attack on an Indian army base in held Kashmir.

The SAARC group includes India, Pakistan, Nepal, the Maldives, Sri Lanka, Bhutan, Afghanistan and Bangladesh.

Pakistan had offered dialogue to India for the resolution for the Kashmir issue, but the offer was rejected.


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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