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PM Nawaz highlights Pakistan's economic growth as he meets Chairman China Shipbuilding Company

12:46 PM | 3 Mar, 2017
PM Nawaz highlights Pakistan's economic growth as he meets Chairman China Shipbuilding Company
ISLAMABAD - Mr. Xu Ziqiu, Chairman China Shipbuilding Company called on the Prime Minister Muhammad Nawaz Sharif at PM House Islamabad today (Friday).

During the meeting, the premier highlighted the progress made under his leadership and stated that government had seriously focused on improvement in agriculture, industrial and services sectors.

'Economic outlook of Pakistan has altogether changed in the last four years, which is being acknowledged globally. Inflation is continuously on downward trend, whereas Stocks, Foreign Exchange Reserves and home remittances are on the rise' stated the PM.

Nawaz Sharif expressed that Pakistan’s investment policy had been designed to provide a comprehensive framework for creating conducive business environment for the attraction of FDI (Foreign Direct Investment).


'Pakistan's policy trends have been consistent, with liberalization, de-regulation, privatization, and facilitation being its foremost cornerstone. We have adopted a very liberal and investor’s friendly Investment Policy which provides no restriction on remitting capital, profits & dividends' added the PM.


The Prime Minister invited the China Shipbuilding Company to invest in collaborative projects with PNSC (Pakistan National Shipping Corporation) and Karachi Shipyard.

The meeting was also attended by Mr. Sun Weidong Ambassador of China to Pakistan, Mr. Tariq Fatemi Special Assistant to PM, Mr. Mifta Ismail Chairman Board of Investment and other senior officials.

The writer is a civil servant.

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Pakistani rupee rate against US Dollar, Euro, Pound, Riyal - Check 20 April forex rates

Pakistani currency remains marginally same against US Dollar and other currencies on April 20, 2024. US dollar was being quoted at 277.5 for buying and 280.5 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 - 20 April 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 277.5 280.5
Euro EUR 293 296
UK Pound Sterling GBP 342.5 346
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 740.55 748.55
Canadian Dollar CAD 201 203
China Yuan CNY 38.47 38.87
Danish Krone DKK 39.78 40.18
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 903.11 912.11
Malaysian Ringgit MYR 58.08 58.68
New Zealand Dollar NZD 164.22 166.22
Norwegians Krone NOK 25.61 25.91
Omani Riyal OMR 723.2 731.2
Qatari Riyal QAR 76.45 77.15
Singapore Dollar SGD 204.5 206.5
Swedish Korona SEK 25.31 25.61
Swiss Franc CHF 305.47 307.97
Thai Bhat THB 7.56 7.71

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