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Chinese President Xi Jinping ‘to inaugurate Gwadar airport’

11:05 AM | 29 Jan, 2023
Chinese President Xi Jinping ‘to inaugurate Gwadar airport’

ISLAMABAD – Chinese President Xi Jinping will inaugurate the Gwadar airport during his upcoming visit to the South Asian nation, says former caretaker Chief Minister Balochistan Alauddin Marri.

Marri, a noted businessman, and a social worker, made these remarks during his recent visit to the Islamabad Chamber of Commerce and Industry (ICCI) where he pointed out huge business opportunities offered by Gwadar port.

He mentioned that the Chinese President will inaugurate the strategic airport during his upcoming visit to Pakistan. The airport is a part of the China-Pakistan Economic Corridor (CPEC), which is a cornerstone of the One Belt One Road initiative of China.

During his interaction with ICCI officials, Marri said that the port city offers huge business opportunities to both local and foreign investors in several sectors including tourism, trade logistics, fisheries, processing, and manufacturing business.

The former caretaker CM of the country’s southwestern region invited ICCI members to visit the port city to explore business investment opportunities.

He further mentioned that Gwadar and several areas of the sparsely populated region have not been connected with the national grid and the coastal district will be connected with the Pak-Iran transmission line this year after which it will get 100MW additional power supply from Iran.

Daily Pakistan Global Web Desk

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Pakistani rupee exchange rate to US dollar, Euro, Pound, Dirham, and Riyal - 26 Feb 2024

Pakistani currency remains stable against US dollar in the open market on February 26, 2024 (Monday).

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 - 26 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 2.1 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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