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Pakistan's ranking improves by 7 spots in Transparency International Corruption index

01:52 PM | 30 Jan, 2024
Pakistan's ranking improves by 7 spots in Transparency International Corruption index
Source: File Photo

ISLAMABAD – As former prime ministers of crisis-hit Pakistan are regularly accused of corruption, a recent report by Transparency International revealed that South Asian nation is deemed to be less corrupt as compared to the previous government.

The fifth most populous nation improved its ranking by seven places in Corruption Perceptions Index shared by Berlin-based corruption watchdog. The country now has 46 nations behind it in the corruption index.

The latest Index dubbed Corruption ‘Perceptions Index 2023’ ranked 133 on a scale of 1 – 80 this year, witnessing upward movement this year.

Corruption Perceptions Index (CPI) classifies perceived levels of public-sector corruption using over a dozen independent data sources and uses a scale of zero to 100 – 0 remains highly corrupt and 100 is clean.

Last year, Pakistan stood at 140, unchanged from the previous year, while the CPI score was 27.

It should be noted that neighboring India’s CPI score dropped from 40 in 2022 to 39 in 2023.

Transparency International Pakistan's chief noted positive developments to axe corrupt practices in the country, citing better governance and effective law enforcement.

Least Corrupt Countries

  • Denmark
  • Finland
  • New Zealand
  • Norway
  • Singapore
  • Sweden
  • Switzerland
  • Netherland
  • Germany
  • Luxembourg
  • Ireland
  • Canada
  • Estonia
  • Australia
  • Hong Kong
  • Belgium
  • Japan

Most Corrupt Countries

  • Somalia
  • Venezuela
  • Syria
  • South Sudan
  • Yemen
  • Nicaragua
  • North Korea
  • Haiti
  • Equatorial Guinea
  • Turkmenistan
  • Libya
  • Tajikistan
  • Myanmar
  • Congo
  • Chand
  • Burundi
  • Afghanistan

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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