Search

x
Join our whatsapp channel for News Updates

US sanctions to be counter-productive, says PM Abbasi

12:15 AM | 12 Sep, 2017
US sanctions to be counter-productive, says PM Abbasi
ISLAMABAD - Prime Minister Shahid Khaqan Abbasi said it would be counter-productive for the United States to sanction Pakistani officials or further cut military assistance, warning it would hurt both countries’ fight against militancy.

“We are fighting the war against terror, anything that degrades our effort will only hurt the US effort,” Premier Abbasi said in an interview with Reuters in Islamabad on Monday.

He said US-Pakistan relations have frayed since President Donald Trump last month set out a new Afghanistan policy and lashed out at nuclear-armed Pakistan as a fickle ally that gives safe haven to “agents of chaos” by harboring the Afghan Taliban and other militants.

The United States has already begun conditioning future aid to Pakistan on progress Islamabad makes in tackling the Haqqani network, who it alleges are Pakistan-based and have helped the Taliban carry out deadly attacks inside Afghanistan, he added.

PM Abbasi said that Pakistan denies hosting militant sanctuaries, and Islamabad bristles at claims it has not done enough to tackle militancy, noting it has borne the brunt of violence in the so-called war on terror, suffering more than 60,000 casualties since 2001.

The premier said that any targeted sanctions by Washington against the Pakistani military and intelligence officials would not help US counter-terrorism efforts.

US officials privately say the targeted sanctions would be aimed at Pakistani officials with ties to extremist groups and are part of an array of options being discussed to pressure Pakistan to change its behavior, including further aid cuts, he said.

The writer is a staff member. He has been affiliated with Pakistan's leading English newspapers and worked as News Producer at FM 107.4. Death (as...he believes...life is a station, and death is a longest journey from seen to unseen world), Rain, and winter's Full Moon 'Jarray ki Chandani' always fascinate him too much.

Advertisement

Pakistani rupee exchange rate to US dollar, Euro, Pound, Dirham, and Riyal - 26 April 2024 Forex Rates

Pakistani currency remains unchanged against US Dollar and other currencies on April 26, 2024 Friday in open market.

USD to PKR rate today

US dollar was being quoted at 277.15 for buying and 280.15 for selling.

Euro comes down to 294 for buying and 297 for selling while British Pound hovers at 342.5 for buying, and 346 for selling.

UAE Dirham AED was at 74.95 and Saudi Riyal's new rate was at 73.30.

Today’s currency exchange rates in Pakistan - 26 April 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar ‎USD 277.15 280.15
Euro EUR 294 297
UK Pound Sterling GBP 342.5 346
U.A.E Dirham AED 74.95 75.75
Saudi Riyal SAR 73.30 74
Australian Dollar AUD 178.5 180
Bahrain Dinar BHD 740.57 748.57
Canadian Dollar CAD 200.8 203
China Yuan CNY 38.45 38.85
Danish Krone DKK 39.93 40.33
Hong Kong Dollar HKD 35.55 35.9
Indian Rupee INR 3.34 3.45
Japanese Yen JPY 1.86 1.94
Kuwaiti Dinar KWD 903.61 912.61
Malaysian Ringgit MYR 58.28 58.88
New Zealand Dollar NZD 164.22 166.22
Norwegians Krone NOK 25.46 25.76
Omani Riyal OMR 723.48 731.48
Qatari Riyal ‎QAR 76.52 77.22
Singapore Dollar SGD 204.5 206.5
Swedish Korona SEK 25.72 26.02
Swiss Franc CHF 305.43 307.93
Thai Bhat THB 7.51 7.66

Advertisement

Follow us on Facebook

Follow us on Twitter

Sign up for Newsletter