Standard Chartered marks Int'l Day of the Girl Child
Dollar sheds 11 paisa against Rupee in interbank
The exchange rate of US dollar against rupee dipped by 11 paisa in interbank and was traded at Rs 156.06 as compared to the last closing at Rs 156.17, State Bank of Pakistan (SBP) reported on Friday.
However according to Forex Association of Pakistan the buying and selling rates of dollar in open market were recorded at Rs 155.80 and Rs 156.30. The SBP further reported that in interbank the price of Euro depreciated by Rs 0.10 and was traded at Rs 171.98 against the last closing of Rs 172.08.
The exchange rate of Japanese Yen dropped 01 paisa and was traded at Rs 1.44 against Rs1.45, whereas the increase of Rs 4.35 was witnessed in the exchange rate of British Pound which was traded at Rs195.47 as compared to last closing of Rs 191.12.
Exchange rates of UAE Dirham and Saudi Rayal shed 03 paisa each after which they were traded at Rs 42.48 and Rs 41.60 respectively.
Standard Chartered celebrated the International Day of the Girl Child as part of the new community investment strategy, Futuremakers by Standard Chartered. The aim of this strategy is to tackle the issue of inequality and seeks to promote greater economic inclusion for young people in our communities, with a special focus on girls.
International Day of the Girl Child highlights the need to invest in girls' most pressing needs and opportunities, because investing in girls is investing in a better future that is equal for all - for girls themselves, for their families and for communities. The theme for this year is, as declared by the UN, GirlForce: Unscripted and Unstoppable".
Standard Chartered Pakistan has a long history of contributing to the social economic development and supporting communities in the country. Investing in communities is one of the three priorities of our global sustainability strategy along with contributing to sustainable economic growth and being a responsible company. As an organization we are majorly focused locally on Gender diversity and view this as one of the biggest challenges to our economy and industry. We support under- served communities from low-income households, particularly girls, to take part in programmes focused on education, employability and entrepreneurship.
There are two programmes for girls that the Bank is implementing in Pakistan: Goal and #SCWomenInTech. Goal uses sport or play-based games to enable girls to be active in their learning and reinforce the social messages. It targets adolescent girls aged 12 to 20 in urban areas from low-income families. In Pakistan, Goal was launched in Karachi in 2016 and has reached 11,000 girls. This year we have launched it in Islamabad as well. Goal is actively running in 26 schools across two cities in Pakistan.
Furthermore, through Goal we are implementing employability and encouraging financial independence. Over 450 Goal girls have received vocational training since November 2018 with the objective of enabling them to become economic leaders in their communities.
We also launched
the #SCWomenInTech in Pakistan this year. The aim of this programme is to provide female entrepreneurs an opportunity to scale their businesses using technology as an enabler. The programme involves mentoring, training and pre-seed funding of up to USD10,000 to five femaleled business ventures. This year the Bank received a total of 85 applications from which 20 were shortlisted to be part of the #SCWomenInTech incubator.
We are a leading international banking group, with more than 80,000 employees and a 150-year history in some of the world's most dynamic markets. We bank the people and companies driving investment, trade and the creation of wealth across Asia, Africa and the Middle East. Our heritage and values are expressed in our brand promise, Here for good.
Standard Chartered PLC is listed on the London and Hong Kong Stock Exchanges as well as the Bombay and National Stock Exchanges in India. Standard Chartered Bank (Pakistan) Ltd. is the oldest and largest international bank in Pakistan. It is also the first international bank to be awarded Islamic banking licence and the first to open an Islamic banking branch.