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Polls open in Georgia presidential election

11:12 AM | 28 Oct, 2018
Polls open in Georgia presidential election
TBILISI - Georgians on Sunday started voting to elect a figurehead president in a poll seen as a crucial test for the increasingly unpopular ruling party.

The hotly contested race has pitted ex-French ambassador and Georgia's former foreign minister Salome Zurabishvili, supported by the ruling Georgian Dream party, against opposition leader Grigol Vashadze, also a former foreign minister.

The two have an almost equal chance of being elected, according to opinion polls conducted in the run-up to the vote.

Vashadze -- backed by exiled ex-president Mikheil Saakashvili's United National Movement and 10 other opposition groups -- has been boosted by growing popular discontent over the government's failure to tackle poverty.

He has promised to mount a campaign demanding snap parliamentary polls if elected.

Both candidates have campaigned on similar promises to bring Georgia closer to full membership of the European Union and NATO.

The vote is Georgia's last direct leadership poll as the Black Sea nation transitions to a parliamentary form of governance following a controversial constitutional reform.

The inauguration of a new president will pave the way for the new constitution to enter into force, making the head of state a largely ceremonial figure.

Georgia's next president will be elected in 2024 by a 300-member electoral college.

The constitutional change was adopted in September 2017, a move protested by all opposition parties, which denounced it as favouring the ruling party.

Georgia's outgoing President, Giorgi Margvelashvili, refused to run for a second term, saying he is not interested in assuming the reduced role.

Over 3.5 million people are eligible to vote in the election, which will be monitored by international observers from the Organisation for Security and Cooperation in Europe.

Polls opened at 0400 GMT and will close at 1600 GMT, with results expected to start coming in overnight.

The author is working as Editor Digital Media for Daily Pakistan and can be reached @ItsSarfrazAli.

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Pakistani Rupee exchange rate to US Dollar, Euro, Pound, Dirham, and Riyal - 20 May 2024

Pakistani currency rates against US Dollar and other currencies on May 20, 2024 (Monday) in open market.

USD to PKR rate today

US dollar was being quoted at 277.4 for buying and 280.35 for selling.

Euro stands at 297 for buying and 299.5 for selling while British Pound rate is 348.5 for buying, and 352 for selling.

UAE Dirham AED was at 75.25 and Saudi Riyal came down to 73.50.

Today’s currency exchange rates in Pakistan - 20 May 2024

Currency Symbol Buying Selling
US Dollar USD 277.4 280.35
Euro EUR 297 299.5
UK Pound Sterling GBP 348.5 352
U.A.E Dirham AED 75.25 76
Saudi Riyal SAR 73.5 74.25
Australian Dollar AUD 181 183
Bahrain Dinar BHD 747.77 755.77
Canadian Dollar CAD 203 205
China Yuan CNY 38.49 38.89
Danish Krone DKK 40.25 40.65
Hong Kong Dollar HKD 35.96 36.31
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.91 1.99
Kuwaiti Dinar KWD 913.28 922.28
Malaysian Ringgit MYR 58.69 59.29
New Zealand Dollar NZD 169.45 171.45
Norwegian Krone NOK 25.67 25.97
Omani Riyal OMR 730.59 738.59
Qatari Riyal QAR 76.41 77.11
Singapore Dollar SGD 203 205
Swedish Korona SEK 25.67 25.97
Swiss Franc CHF 309.01 311.51
Thai Baht THB 7.57 7.72

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