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NBP, First Women Bank, ZTB, SME bank heads removed

04:26 PM | 4 Oct, 2018
NBP, First Women Bank, ZTB, SME bank heads removed
ISLAMABAD - The federal government on Thursday removed four government-owned bank heads because they were appointed 'illegally', Information Minister Fawad Chaudhry said this during a conference in Islamabad.

"These include National Bank Chairperson Saeed Ahmed, First Women Bank President Tahira Raza, Zarai Taraqiati Bank President, and CEO Syed Talat Mehmood and SME Bank President Ehsanul Haq Khan," Fawad added.

The officials were removed after the approval of the cabinet. "All the appointments were made by former finance minister Ishaq Dar on the political basis, the minister clarified.

Moreover, Jameel Ahmed and Shams-ul-Hasan have been removed as deputy governors State Bank, the information minister announced. "Ms Vaddiya has also been removed from Competition Commission Of Pakistan," Chaudhry added that two other members of the Competition Commission Of Pakistan had been removed.

Earlier, Prime Minister Imran Khan chaired the cabinet meeting. Finance Minister Asad Umar briefed members about the Saudi and IMF delegations' visit to the country.

It was decided that the government should proceed with its economic reform agenda.

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

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Currency Rates in Pakistan Today - Pakistani rupee to US Dollar, Euro, Pound, Dirham, and Riyal - 19 April 2024

Pakistani currency saw minor adjustment against global currencies on April 19, 2024. US dollar was being quoted at 277.4 for buying and 280.4 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 75.2 and Saudi Riyal's new rates was at 73.30.

Today’s currency exchange rates in Pakistan - 19 April 2024

Currency Symbol Buying Selling
US Dollar ‎USD 277.4 280.4
Euro EUR 293 296
UK Pound Sterling GBP 342.25 345.65
U.A.E Dirham AED 75.2 75.9
Saudi Riyal SAR 73.3 74.05
Australian Dollar AUD 181 182.8
Bahrain Dinar BHD 740.09 748.09
Canadian Dollar CAD 201 203
China Yuan CNY 38.44 38.84
Danish Krone DKK 39.69 40.09
Hong Kong Dollar HKD 35.53 35.88
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.86 1.94
Kuwaiti Dinar KWD 902.64 911.64
Malaysian Ringgit MYR 58.08 58.68
New Zealand Dollar NZD 164.22 166.22
Norwegians Krone NOK 25.31 25.61
Omani Riyal OMR 722.87 730.87
Qatari Riyal ‎QAR 76.45 77.15
Singapore Dollar SGD 204.5 206.5
Swedish Korona SEK 25.31 25.61
Swiss Franc CHF 305.08 307.58
Thai Bhat THB 7.56 7.71

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