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Chinese companies keen to invest in Pakistan's textile sector

02:15 PM | 27 Jul, 2019
Chinese companies keen to invest in Pakistan's textile sector
ISLAMABAD - Eight Chinese companies have evinced keen interest in making investments in Pakistan's textile sector, the Radio Pakistan reported.

The interest was shown when a delegation of eight leading Chinese textile companies led by Chairman Shanghai Yuanyi Industry Huang Weiguo called on Prime Minister Imran Khan in Islamabad.

Speaking on the occasion, the Prime Minister reiterated the government's commitment to provide enabling environment to investors and business community in undertaking profitable business ventures in the country.

The premier said that the government is fully focused on improving ease of doing business and implementing policies which encourage investors to invest in various sectors of the economy.

The prime minister highlighted lucrative business opportunities, geo-strategic location of the country, a large consumer market and the availability of cost-effective and skilled labour in the country.

He also assured the delegation that the government will provide every possible support and facilitation to the investors.

Daily Pakistan Global Web Desk

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Rupee exchange rate to US Dollar, Euro, Pound, Dirham, and Riyal - 18 April 2024

Pakistani currency continues to gain against US Dollar and other currencies on April 18, 2024. US dollar was being quoted at 277.2 for buying and 280.3 for selling.

Euro comes down to 293 for buying and 296 for selling while British Pound stands at 342.25 for buying, and 345.65 for selling.

UAE Dirham AED was at 75.25 and Saudi Riyal's new rates was at 73.30. 

Today’s currency exchange rates in Pakistan - 18 April 2024

Currency Symbol Buying Selling
US Dollar USD 277.2 280.3
Euro EUR 293 296
UK Pound Sterling GBP 342.25  345.65 
U.A.E Dirham AED 75.25  75.95
Saudi Riyal SAR 73.3 74.05
Australian Dollar AUD 181 182.8
Bahrain Dinar BHD 739.63 747.63
Canadian Dollar CAD 201 203
China Yuan CNY 38.45 38.85
Danish Krone DKK 40.45 40.85
Hong Kong Dollar HKD 35.57 35.92
Indian Rupee INR 3.32 3.43
Japanese Yen JPY 1.86 1.94
Kuwaiti Dinar KWD 902.26 912.91
Malaysian Ringgit MYR 58.24 59.52
New Zealand Dollar NZD 164.75 169.63
Norwegians Krone NOK 25.42 25.68
Omani Riyal OMR 722.1 730.1
Qatari Riyal QAR 76.37 77.05
Singapore Dollar SGD 206 208
Swedish Korona SEK 25.72 26.02
Swiss Franc CHF 307.11 309.61
Thai Bhat THB 7.56 7.76

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