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PTI to elect new party chairman as Imran Khan withdraws from the race

09:00 PM | 28 Nov, 2023
PTI to elect new party chairman as Imran Khan withdraws from the race
Source: Instagram

Imran Khan, the chairman of Pakistan Tehreek-e-Insaf (PTI), has unexpectedly decided not to run for the top position in the intra-party elections. This means that he will no longer hold the important role that he has had since the party's founding more than 20 years ago.

Imran, the first prime minister to be removed from office by a vote of no confidence in April of last year, would not participate in the intra-party elections, according to PTI Senior Vice-President Sher Afzal Marwat.

The PTI's Core Committee formally approved on Monday to hold the intra-party elections within the 20-day window that the Pakistani Election Commission had set. Party will forfeit its bat symbol if it disobeys instructions.

On the other hand, Barrister Gohar Khan stated that the decision will be made on Friday, which is three days from now, even though the elections are scheduled. However, there is still no confirmation on the top position.

Imran decided not to participate since, in the Toshakhana case, he was found to have engaged in "corrupt practices by hiding the benefits he accrued from the national exchequer willfully and intentionally," which resulted in his five-year disqualification as a member of parliament.

Daily Pakistan Global Web Desk

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Pakistani rupee exchange rate to US Dollar, Euro, Pound, Dirham, and Riyal - 27 Feb 2024

Pakistani currency remains largely stable against US dollar in the open market on February 27, 2024 (Tuesday).

US Dollar rate in Pakistan

In the open market, the US dollar was being quoted at 279.4 for buying and 282.3 for selling.

Euro currently stands at 303 for buying and 306 for selling while British Pound rate stands at 351.5 for buying, and 355 for selling.

UAE Dirham AED hovers at 76 whereas the Saudi Riyal saw slight increase, with new rates at 76.7.

Today’s currency exchange rates in Pakistan - 27 Feb 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 279.4 282.3
Euro EUR 303 306
UK Pound Sterling GBP 351.5 355
U.A.E Dirham AED 76 76.7
Saudi Riyal SAR 74.2 75
Australian Dollar AUD 181 183
Bahrain Dinar BHD 742.91 750.91
Canadian Dollar CAD 207 209
China Yuan CNY 38.82 39.22
Danish Krone DKK 40.56 40.96
Hong Kong Dollar HKD 35.7 36.05
Indian Rupee INR 3.37 3.48
Japanese Yen JPY 2.10 2.18
Kuwaiti Dinar KWD 905.46 914.46
Malaysian Ringgit MYR 58.49 59.09
New Zealand Dollar NZD 173.05 175.05
Norwegians Krone NOK 26.36
 
26.66
Omani Riyal OMR 725.54 733.54
Qatari Riyal QAR 76.74 77.44
Singapore Dollar SGD 207 209
Swedish Korona SEK 27.04 27.34
Swiss Franc CHF 317 319.5
Thai Bhat THB 7.76 7.91

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