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Pakistan says signing ceremony for US-Iran peace agreement set for June 19 in Switzerland

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Pakistan says signing ceremony for US-Iran peace agreement set for June 19 in Switzerland

2026-06-15 09:25 Last Updated At:12:06

Pakistani Prime Minister Shehbaz Sharif announced early Monday that the United States and Iran had reached a peace agreement following intensive negotiations, with an official signing ceremony scheduled for June 19 in Switzerland.

In a statement on X, Sharif said both sides had declared the "immediate and permanent termination of military operations on all fronts, including in Lebanon."

The prime minister said mediators will facilitate a series of meetings this week aimed at preparing for the implementation of the agreement. Sharif said these pre-implementation discussions will lay the foundation for the technical talks and the official signing ceremony.

The prime minister thanked the United States and Iran for their commitment to a diplomatic resolution of the conflict and expressed appreciation for the role played by regional partners in the mediation process.

U.S. President Donald Trump also said minutes later that the U.S.-Iran deal "is now complete" and that he has authorized the immediate removal of the U.S. naval blockade against Iranian ports.

U.S. Vice President J.D. Vance called the agreement a "major victory" in an interview with local media and said he plans to attend the signing ceremony in Switzerland on June 19. He added that President Trump "could possibly" attend as well.

Pakistan says signing ceremony for US-Iran peace agreement set for June 19 in Switzerland

Pakistan says signing ceremony for US-Iran peace agreement set for June 19 in Switzerland

The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 21 pips to 6.8088 against the U.S. dollar Monday, according to the China Foreign Exchange Trade System.

In China's spot foreign exchange market, the yuan is allowed to rise or fall by 2 percent from the central parity rate each trading day.

The central parity rate of the yuan against the U.S. dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day.

Chinese yuan strengthens to 6.8088 against USD Monday

Chinese yuan strengthens to 6.8088 against USD Monday

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