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China supports Pakistan's stance on Kashmir, says PM Nawaz

01:54 PM | 13 May, 2017
China supports Pakistan's stance on Kashmir, says PM Nawaz
BEIJING - Prime Minister Muhammad Nawaz Sharif on Saturday said China was supportive of Pakistan’s stance on the issue of Kashmir and favoured its resolution through peaceful dialogue.

“On Kashmir issue, China has always been supportive of Pakistan’s stance and has assured to continue extending the same cooperation in future as well,” the Prime Minister said while talking to media following his meeting with Chinese Premier Li Keqiang, at the Peoples Great Hall.

The Prime Minister said both Pakistan and China favoured negotiations with India as the “most viable solution to the Kashmir dispute.”

https://en.dailypakistan.com.pk/headline/pm-nawaz-meets-chinese-counterpart-expresses-commitment-to-support-one-belt-one-road-initiative/

The Prime Minister who arrived here at the Chinese capital on Friday to participate in One Belt, One Road Forum (OBOR) said the scope of China Pakistan Economic Corridor (CPEC) had immensely increased with the Chinese investment swelling from 46 to 56 billion dollars.

He said such a huge investment was unprecedented in Pakistan’s history, having objectives of progress and prosperity of the people.

He mentioned that Chinese companies were investing in Pakistan’s power and infrastructure sectors at a massive scale, which had generated exemplary employment opportunities for the local people.

https://en.dailypakistan.com.pk/world/list-of-attendees-of-obor-summit-2017/

The Prime Minister said the economic activity as a result of heavy Chinese investment had caste a positive impact on the lives of the common people.

Nawaz Sharif said his visit to China was significant in relevance with the economic conditions of Pakistan, adding “Pakistan was proud of its friendship with China.”

https://en.dailypakistan.com.pk/pakistan/pakistan-china-sign-six-mous-enhancing-bilateral-ties/

Flanked by Balochistan’s Chief Minister Nawab Sanaullah Zehri, the Prime Minister said economic development in the province was getting good results and several projects under CPEC were being completed at a fast pace.  - APP

The writer is a civil servant.

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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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