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US largest market for Pakistan with bilateral trade topping Rs663b this year

09:47 PM | 13 Jul, 2018
US largest market for Pakistan with bilateral trade topping Rs663b this year
ISLAMABAD - US Assistant Secretary of State for Educational and Cultural Affairs Marie Royce Friday said the United States was Pakistan’s largest market, with bilateral trade topping 663 billion rupees this year.

“Whether it is supporting tourism and cultural industries, or advancing entrepreneurship and technical education, American-Pakistani connections in all fields will only benefit both our countries,” she said while speaking to the opening ceremony of international conference of Pakistan-US Alumni Network (PUAN).

According to a US embassy press release, over 200 Pakistani alumni of American government exchange programmes participated in the 2018 conference.

The conference, which runs through July 15, is focusing on Pakistani-American partnerships in cultural industries, entrepreneurship, and international education while promoting shared values of tolerance and social inclusion.

Together with American Embassy Chargé d’Affaires John Hoover, the conference was joined by hundreds of alumni, including Nazir Sabir (the first Pakistani to summit Mount Everest), attorney Ramesh Jaipal, and performing artist Sheema Kermani.

All spoke about the transformative power of exchange programmes and people-to-people ties in advancing shared American-Pakistani goals.

Assistant Secretary Royce highlighted the conference’s goal to support Pakistan’s domestic growth and international trade.

“There is no group quite like the Pakistan-US Alumni Network,” Chargé Hoover said.  “The 25,000 members of this community possess staggering power.  You have the resources, knowledge, and ambition to shape Pakistan and the future of the region.”

He also participated in the opening of an art exhibition featuring work by emerging Pakistani artists and prominent alumni of US-funded exchange programmes. The exhibition was organized by PUAN, in cooperation with Nukta Studios and the Satrang Gallery.

The United States has a long tradition of educational, professional, and cultural exchanges with the people of Pakistan. The Pakistan-US Alumni Network, or PUAN, is the largest of its kind in the world, with over 25,000 members of American government-sponsored exchange and English language programs.

Alumni include Pakistani business and community leaders, entrepreneurs, changemakers, journalists, and many more.–APP

Associated Press of Pakistan Corporation (APPC) - Pakistan's Premier News Agency

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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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