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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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Rupee exchange rate to US Dollar, Euro, Pound, Dirham, and Riyal - 28 Feb 2024

Pakistani currency remains momentum against US dollar in the open market on February 28, 2024 (Wednesday).

US Dollar rate in Pakistan

In the open market, the US dollar moves up and currently hovers at 282 for buying and 282.25 for selling.

Euro currently stands at 303.1 for buying and 306.1 for selling while British Pound rate stands at 351.6 for buying, and 355.1 for selling.

UAE Dirham AED hovers at 76.1 whereas the Saudi Riyal saw slight increase, with new rates at 74.25.

Today’s currency exchange rates in Pakistan - 28 Feb 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 282 282.25
Euro EUR 303.1 306.1
UK Pound Sterling GBP 351.6 355.1
U.A.E Dirham AED 76.1 76.8
Saudi Riyal SAR 74.25 75.05
Australian Dollar AUD 181.1 183.1
Bahrain Dinar BHD 742.91 750.91
Canadian Dollar CAD 207.1 209.1
China Yuan CNY 38.87 39.27
Danish Krone DKK 40.61 41
Hong Kong Dollar HKD 35.75 36.1
Indian Rupee INR 3.37 3.48
Japanese Yen JPY 2.10 2.18
Kuwaiti Dinar KWD 905.46 914.46
Malaysian Ringgit MYR 58.5 59.1
New Zealand Dollar NZD 173.05 175.05
Norwegians Krone NOK 26.41 26.71
Omani Riyal OMR 725.54 733.54
Qatari Riyal QAR 76.74 77.44
Singapore Dollar SGD 207.15 209.15
Swedish Korona SEK 27.04 27.34
Swiss Franc CHF 317 319.5
Thai Bhat THB 7.76 7.91

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