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Imran Khan asks IMF to consider Pakistan’s political instability in new bailout talks

07:16 PM | 28 Feb, 2024
Imran Khan asks IMF to consider Pakistan’s political instability in new bailout talks
Source: File Photo

ISLAMABAD – Pakistan Tehreek-e-Insaf (PTI) founder Imran Khan, who has been detained in Adiala Jail for months, has sent a letter to the International Monetary Fund (IMF), asking it to keep the political stability of the South Asian country in focus during talks for the new bailout package, it emerged on Wednesday. 

The development was confirmed by two people familiar with the development to international media outlet. 

They said that letter has been sent while the global lender said it is yet to receive it. They however did not share the details of the letter.

PML-N President Shehbaz Sharif, who is the strong candidate to become next prime minister of Pakistan, has been stressing that the country would require another IMF programme to handle the prevailing economic crisis. 

Last week, Imran Khan had decided to write a letter to the International Monetary Fund (IMF) to highlight alleged rigging in the Feb 8 general elections, said party leader Barrister Ali Zafar.

Ali Zafar said every organisation would avoid giving loan to a country where elections are rigged, adding that the PTI would demand, in the letter, an independent audit team to probe the allegations of fraud in elections. 

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Pakistani rupee rate against US Dollar, Euro, Pound, Riyal - Check 14 April forex rates

Pakistani currency remains unchanged against US dollar and other currencies in open market on April 14, 2024.

US Dollar rate in Pakistan

On Sunday, the US dollar was being quoted at 277.5 for buying and 280.5 for selling.

Euro was quoted at 299.95 for buying and 302.9 for selling while British Pound stands at 349.5 for buying, and 353 for selling.

UAE Dirham AED was at 75.45 and Saudi Riyal's new rates was at 73.30. 

Today’s currency exchange rates in Pakistan - 14 April 2024

Source: Forex Association of Pakistan. (last update 08:00 AM)
Currency Symbol Buying Selling
US Dollar USD 277.5 280.5
Euro EUR 299.95 302.9
UK Pound Sterling GBP 349.5 353
U.A.E Dirham AED 75.45
 
76.2
Saudi Riyal SAR 73.3 74.05
Australian Dollar AUD 182.7 184.5
Bahrain Dinar BHD 739.38 747.38
Canadian Dollar CAD 204 206.2
China Yuan CNY 38.45 38.85
Danish Krone DKK 40.45 40.85
Hong Kong Dollar HKD 35.57 35.92
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.86
 
1.94
Kuwaiti Dinar KWD 903.91 912.91
Malaysian Ringgit MYR 58.92 59.52
New Zealand Dollar NZD 167.63 169.63
Norwegians Krone NOK 25.38 25.68
Omani Riyal OMR 722.1 730.1
Qatari Riyal QAR 76.35 77.05
Singapore Dollar SGD 206 208
Swedish Korona SEK 25.72 26.02
Swiss Franc CHF 307.11 309.61
Thai Bhat THB 7.61 7.76

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