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US slaps new sanctions on Iranian groups, individuals despite nuclear deal compliance

12:32 AM | 19 Jul, 2017
US slaps new sanctions on Iranian groups, individuals despite nuclear deal compliance
WASHINGTON - The US has imposed new sanctions on companies and individuals that it says provide material support to Iran’s military, as well as on organisations involved in the country’s ballistic missile program. The restrictions are not related to Iran’s nuclear program.

The US Department of the Treasury “designated 16 entities and individuals for engaging in support of illicit Iranian actors or transnational criminal activity,” the department announced on Tuesday.

The announcement comes the day after the Trump administration certified that Tehran is in compliance with the terms of the landmark 2015 nuclear agreement designed to ensure Iran doesn’t make nuclear weapons.

The new sanctions “target procurement of advanced military hardware, such as fast attack boats and unmanned aerial vehicles, and send a strong signal that the United States cannot and will not tolerate Iran’s provocative and destabilising behaviour,” said US Treasury Secretary Steven T. Mnuchin in a statement.

“We will continue to target the [Iranian Revolutionary Guard Corps] and pressure Iran to cease its ballistic missile program and malign activities in the region,” he added.

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.

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PKR rate against US Dollar, Euro, Pound, Riyal - Check 16 April forex rates

Pakistani currency gains momentum against all currencies on April 16, 2024 Tuesday. US dollar was being quoted at 277.9 for buying and 280.85 for selling.

Euro was quoted at 295 for buying and 298 for selling while British Pound stands at 345 for buying, and 349 for selling.

UAE Dirham AED was at 75.4 and Saudi Riyal's new rates was at 73.30. 

Today’s currency exchange rates in Pakistan - 15 April 2024

Currency Symbol Buying Selling
US Dollar USD 277.9 280.85
Euro EUR 295 298
UK Pound Sterling GBP 345 349
U.A.E Dirham AED 75.45 76.2
Saudi Riyal SAR 73.3 74.05
Australian Dollar AUD 182.7 184.5
Bahrain Dinar BHD 739.38 747.38
Canadian Dollar CAD 204 206.2
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 3.33 3.44
Japanese Yen JPY 1.86 1.94
Kuwaiti Dinar KWD 903.91 912.91
Malaysian Ringgit MYR 58.92 59.52
New Zealand Dollar NZD 167.63 169.63
Norwegians Krone NOK 25.38 25.68
Omani Riyal OMR 722.1 730.1
Qatari Riyal QAR 76.35 77.05
Singapore Dollar SGD 206 208
Swedish Korona SEK 25.72 26.02
Swiss Franc CHF 307.11 309.61
Thai Bhat THB 7.61 7.76

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