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Top economists roped in as PM Imran installs new Economic Advisory Council

01:58 PM | 1 Sep, 2018
Top economists roped in as PM Imran installs new Economic Advisory Council
ISLAMABAD - Prime Minister Imran Khan has reconstituted an 11- member Economic Advisory Council (EAC) as part of his economic reforms agenda on Saturday, dropping a hint of how the government would tackle the economic crisis.

The council contains renowned economists including Dr Farrukh Iqbal who serves as the Director of well reputed Institute of Business Administration (IBA).



Other members include Dr Ashfaque Hassan Khan, Dr Ijaz Nabi, Dr Abid Qaiyum Sulehri, Dr Asad Zaman, Dr Naved Hamed, Syed Salim Raza, Dr Atif R. Mian and others.

The members have been picked up from the private sector while the council will have official members as well including the Finance Minister Asad Umar.



The EAC is an informal forum not required under the constitution and is normally reconstituted every time a new finance minister assumes charge. It has been constituted days after the Economic Coordination Committee was set up under the chair of Asad Umar.

The writer is a civil servant.

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Currency Rates in Pakistan Today - Pak Rupee to US Dollar, Euro, Dirham, Riyal 16 May 2024

Pakistani currency rates against US Dollar and other currencies on May 16, 2024 (Thursday) in open market.

USD to PKR rate today

US dollar was being quoted at 277.15 for buying and 279.95 for selling.

Euro stands at 296.25 for buying and 299 for selling while British Pound rate is 344.5 for buying, and 348 for selling.

UAE Dirham AED was at 75.15 and Saudi Riyal came down to 73.50.

Today’s currency exchange rates in Pakistan - 16 May 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 277.15 279.95
Euro EUR 296.25 299
UK Pound Sterling GBP 344.5 348
U.A.E Dirham AED 75.15 75.9
Saudi Riyal SAR 73.5 74.2
Australian Dollar AUD 180.5 182.2
Bahrain Dinar BHD 739.77 747.77
Canadian Dollar CAD 203 205
China Yuan CNY 38.49 38.89
Danish Krone DKK 40.25 40.65
Hong Kong Dollar HKD 35.61 35.96
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.91 1.99
Kuwaiti Dinar KWD 904.28 913.28
Malaysian Ringgit MYR 58.69 59.29
New Zealand Dollar NZD 167.45 169.45
Norwegians Krone NOK 25.67 25.97
Omani Riyal OMR 722.59 730.59
Qatari Riyal QAR 76.41 77.11
Singapore Dollar SGD 203 205
Swedish Korona SEK 25.67 25.97
Swiss Franc CHF 306.51 309.01
Thai Bhat THB 7.57 7.72

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