Next NFC Award will be announced soon, says Ishaq Dar

11:27 PM | 28 Nov, 2016
Next NFC Award will be announced soon, says Ishaq Dar
ISLAMABAD - The 2nd meeting of the 9th National Finance Commission (NFC) was held in Islamabad today with the Finance Minister Ishaq Dar in the chair.

The meeting unanimously approved the Biannual Implementation Monitoring Report of the 7th NFC Award.

The Commission received presentations from the four Working Groups and prepared recommendations for the 9th NFC Award.

The Commission also agreed to meet during the third week of next month for the next round of consultations.

After the meeting, the Finance Minister Mohammad Ishaq Dar while talking to news persons reiterated the government's resolve to announce a unanimous and equitable 9th NFC award soon.

The Minister said there is also a proposal under consideration to establish National Security Fund in which three per cent revenues would be pooled in the fund for war against terrorism.

He said Federal government has also taken steps for increasing revenues for the benefit of the country.


Rupee exchange rate to US Dollar, Euro, Pound, Dirham, and Riyal - 25 Feb 2024 forex rates

Pakistani rupee remains stable against US dollar in the open market on February 25, 2024 (Sunday).

US Dollar rate in Pakistan

In the open market, the US dollar was being quoted at 279.5 for buying and 282.55 for selling.

Euro currently stands at 302 for buying and 305 for selling while British Pound rate stands at 352.5 for buying, and 356 for selling.

UAE Dirham AED hovers at 76.1 whereas the Saudi Riyal saw slight increase, with new rates at 74.35.

Today’s currency exchange rates in Pakistan - 25 Feb 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 279.5 282.55
Euro EUR 302 305
UK Pound Sterling GBP 352.5 356
U.A.E Dirham AED 76.1 76.8
Saudi Riyal SAR 74.35 75.1
Australian Dollar AUD 181 183
Bahrain Dinar BHD 743.88 751.88
Canadian Dollar CAD 207 209
China Yuan CNY 38.89 39.29
Danish Krone DKK 40.38 40.78
Hong Kong Dollar HKD 35.76 36.11
Indian Rupee INR 3.37 3.48
Japanese Yen JPY 2.10 2.18
Kuwaiti Dinar KWD 908.79 917.79
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 726.53 734.53
Qatari Riyal QAR 76.76 77.46
Singapore Dollar SGD 207 209
Swedish Korona SEK 26.53 26.83
Swiss Franc CHF 317.87 320.37
Thai Bhat THB 7.79 7.94


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