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Pakistan

PKR continues appreciating against greenback for third consecutive session

The local unit closes at 238.38 in interbank

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PKR continues appreciating against greenback for third consecutive session
GNN Media: Representational Photo

Karachi: The local unit continued to register gains against the US dollar for the third consecutive session in the interbank market on Tuesday.

Analysts attributed the rupee’s recovery with the International Monetary Fund’s (IMF) statement that Pakistan had completed all prior actions required for the review of the Extended Fund Faclity (EFF).

The greenback started losing ground on Friday after the rupee dipped for 10 straight sessions during the last days of July and depreciated around 5 per cent just last week.

At the close of Tuesday's interbank trade, the rupee registered another meagre gain of Rs0.46 or 0.19% and reached 238.38, up from 238.84 in the last trading session.

On the other hand, the currency value remained unchanged at 241 in the open market.

Pakistan

Pak-Saudi Arabia agree to improve coordination to deal with common challenges

Matters of mutual interests including Pak-Saudi bilateral relations were discussed

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Pak-Saudi Arabia agree to improve coordination to deal with common challenges

Islamabad: Pakistan and Saudi Arabia on Thursday agreed to further improve the coordination between the interior ministries of both the countries to deal with common challenges.

The agreement was reached at the meeting held at Jeddah between Interior Minister Rana Sanaullah and his Saudi counterpart party, said a statement issued here. Earlier, Saudi Deputy Interior Minister Dr. Nasir bin Abdul Aziz Dawood received Rana Sanaullah upon his arrival at the Ministry, it further said. Pakistani Ambassador to Saudi Arabia Aamir Khurram Rathore and Consul General Khalid Majeed were also present in the meeting.

Matters of mutual interests including Pak-Saudi bilateral relations came under discussion during the meeting. Interior minister congratulated his counterpart for making the best arrangements for Hajj 2022. The minister congratulated and thanked the Saudi government for the successful implementation of the Road to Makkah project for Pakistani pilgrims.

He stressed the need to improve the communication between the Interior Ministries of both the countries. Security cooperation between Pakistan and Saudi Arabia would further be enhanced, he added. He said Pakistan and Saudi Arabia would jointly face all internal and regional security challenges. Pak-Saudi relations were historical, long-standing and and fraternal, he added.

Sanaullah said the Pakistani people have special devotion and love for the custodian of two holy mosques. Saudi Arabia has always provided generous help and assistance to Pakistan in the most difficult situations, he added. He congratulated the Saudi government and the custodian of the mosques for making the best arrangements for the Hajj. He said over 80,000 Pakistani Hujjaj performed hajj this year and availed the Road to Makkah facility.

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Pakistan

US Secretary of State extends full support to Pakistan’s flood victims

"We continue to work together to mitigate future impacts of the climate crisis in Pakistan"

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US Secretary of State extends full support to Pakistan’s flood victims

Washington: US Secretary of State Antony Blinken has reiterated the commitment to stand by Pakistan in hard times and extends full support to flood victims.

In a tweet, he said one million dollars will be given to Pakistan to build resilience against natural disasters. He said this amount is in addition to one hundred thousand dollars in immediate relief.

The US Secretary of State said we continue to work together to mitigate future impacts of the climate crisis in Pakistan.

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Relief operations for flood affectees in full swing by PAF in South Punjab Region

Basic food items and commodities were distributed amongst the needy families

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Relief operations for flood affectees in full swing by PAF in South Punjab Region

Rawalpindi: Relief operations for the flood affectees are in full swing by Pakistan Air Force (PAF) in South Punjab Region.

According to a press release, food and medical facilities are being provided round the clock to the affected families by the relief teams of PAF.

12155 pounds of basic food items and commodities were distributed amongst the needy families. Moreover, 939 patients were also attended by the paramedical team of Pakistan Air Force.

The recent floods have caused devastation in the low-lying areas of South Punjab Region, badly damaging the villages and infrastructure.

Despite inclement weather conditions throughout the country, especially in flood stricken areas, PAF personnel are working hard to provide humanitarian assistance to flood affectees.

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