Japanese PM Abe resigns for health reason

06:09 PM | 28 Aug, 2020
Japanese PM Abe resigns for health reason

TOKYO - Japanese PM Shinzo Abe has announced to step down, saying his health had started to worsen following the resurgence of ulcerative colitis, a disease he is suffering from since long. 

Abe, who became longest serving premier of Japan last year, said that he did not want disturbance in decision making process due to his health condition. 

The 65-year-old will continue to hold the position until his successor is chosen by executives of Liberal Democratic Party (LDP). His current term began in 2012.

During a press conference, he said: “While I go through treatment and my physical condition is not perfect, I can’t allow myself to make a wrong political decision and fail to obtain results,” The Japan News reported.  

“I have decided that I should not continue in the position of prime minister since I can no longer confidently respond to the public’s trust.

“Novel coronavirus infections have been decreasing since July and the countermeasures toward winter have been fixed. I believe now is the only appropriate time to shift to a new administration.”

In 2007 he resigned abruptly from an earlier term as prime minister because of his struggles with the same disease.

The outgoing premier also expressed regret for failing to fulfill his core pledges - forcing North Korea to return Japanese citizens abducted decades ago; sorting out a territorial dispute with Russia; and overhauling the constitution to give more power to the military, BBC reported. 

Daily Pakistan Global Web Desk


Pakistani rupee exchange rate to US Dollar, Euro, Pound, Dirham, and Riyal - 4 March 2024

Pakistani rupee remains stable against US dollar in the open market on March 4, 2024 (Monday).

US Dollar rate in Pakistan

In the open market, the US dollar was being quoted at 279.3 for buying and 282.45 for selling.

Euro currently stands at 302.5 for buying and 305.5 for selling while British Pound rate stands at 354 for buying, and 359 for selling.

UAE Dirham AED hovers at 76.3 whereas the Saudi Riyal saw slight increase, with new rates at 74.5.

Today’s currency exchange rates in Pakistan - 4 March 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 279.3 282.45
Euro EUR 302.5 305.5
UK Pound Sterling GBP 354 359
U.A.E Dirham AED 76.3 77
Saudi Riyal SAR 74.5 75.3
Australian Dollar AUD 181 183
Bahrain Dinar BHD 737.97 745.97
Canadian Dollar CAD 207 209.2
China Yuan CNY 38.82 39.22
Danish Krone DKK 40.23 40.63
Hong Kong Dollar HKD 35.7 36.05
Indian Rupee INR 3.37 3.48
Japanese Yen JPY 2.1 2.18
Kuwaiti Dinar KWD 901.62 910.62
Malaysian Ringgit MYR 58.49 59.09
New Zealand Dollar NZD 168.97 170.97
Norwegians Krone NOK 26.54 26.84
Omani Riyal OMR 725.68 733.68
Qatari Riyal QAR 76.74 77.44
Singapore Dollar SGD 207 209
Swedish Korona SEK 27.13 27.43
Swiss Franc CHF 314.07 316.57
Thai Bhat THB 7.74 7.89


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