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CPEC creating opportunities for sustained growth by alleviating poverty: Ahsan

09:50 PM | 28 Jun, 2017
CPEC creating opportunities for sustained growth by alleviating poverty: Ahsan
DALIAN: Planning Minister Ahsan Iqbal has said that China-Pakistan Economic Corridor (CPEC) is creating opportunities for sustained growth by breaking cycles of poverty and under-development.

Speaking at a function in Dalian, China, he said that the Chinese vision for the One Belt One Road has correctly focused on connectivity in order to reach a higher plane of human development across the world.

The Minister said that CPEC is bringing much-needed investment into energy and infrastructure sectors.

He said the investments are going to under-developed areas and creating opportunities for sustained growth.

The Minister said that Pakistan has successfully overcome all challenges with the strong commitment of political leadership and support of all stakeholders.

He said the increasingly visible success of the CPEC reflects the shared commitment of Pakistan and China to the project’s early and effective realization.

He said the fruits of projects are beginning to deliver instant results with reduction in power shortages and providing connectivity between remote places and developed areas, bringing economic opportunities for people.

The writer is a staff member. He has been affiliated with Pakistan's leading English newspapers and worked as News Producer at FM 107.4. Death (as...he believes...life is a station, and death is a longest journey from seen to unseen world), Rain, and winter's Full Moon 'Jarray ki Chandani' always fascinate him too much.

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Pakistani rupee exchange rate against US dollar, Euro, Pound and Riyal – March 1, 2024

Pakistani rupee remains stable against US dollar in the open market on March 1, 2024 (Friday).

US Dollar rate in Pakistan

In the open market, the US dollar was being quoted at 279.32 for buying and 282.35 for selling.

Euro currently stands at 302 for buying and 305 for selling while British Pound rate stands at 353 for buying, and 356 for selling.

UAE Dirham AED hovers at 76.15 whereas the Saudi Riyal saw slight increase, with new rates at 74.4.

Today’s currency exchange rates in Pakistan – March 1, 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar ‎USD 279.32 282.35
Euro EUR 302 305
UK Pound Sterling GBP 353 356
U.A.E Dirham AED 76.15 76.85
Saudi Riyal SAR 74.4 75.2
Australian Dollar AUD 181 183
Bahrain Dinar BHD 743.11 751.11
Canadian Dollar CAD 207 209.2
China Yuan CNY 38.82 39.22
Danish Krone DKK 40.69 41.09
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 907.32 916.32
Malaysian Ringgit MYR 58.49 59.09
New Zealand Dollar NZD 172.43 174.43
Norwegians Krone NOK 26.36 26.66
Omani Riyal OMR 725.68 733.68
Qatari Riyal ‎QAR 76.74 77.46
Singapore Dollar SGD 207 209
Swedish Korona SEK 27.13 27.43
Swiss Franc CHF 317.76 320.26
Thai Bhat THB 7.76 7.91

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