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Pakistan decides to sell two state-owned buildings in US

05:53 PM | 1 Dec, 2022
Pakistan decides to sell two state-owned buildings in US
Source: Radio Pakistan

ISLAMABAD – The federal cabinet has approved sale of two building owned by the Ministry of Foreign Affairs in Washington.

Federal Information Minister Marriaym Aurangzeb told media that the decision was taken in a meeting chaired by Prime Minister Shehbaz Sharif on Wednesday.

There had been two buildings under the use of Pakistan's Embassy in Washington in 2010 and the the government had approved their renovation, she said.

The minister said that the government had to pay $819,000 in tax, adding that it had to pay $1.3 million in tax if the buildings are not sold timely.

She revealed that the government had received $6.5 million bid for both buildings, adding that auction process would be held in transparent manners.

While talking about wheat reserves in Pakistan, he said that sufficient reserves of wheat are available in the county to meet demands of the people.

The information minister said country had more reserves of wheat in comparison with the last year.  She said that current reserves are two percent higher than the previous year.


Pakistani rupee rate against US Dollar, Euro, Pound, Riyal - Check 14 April forex rates

Pakistani currency remains unchanged against US dollar and other currencies in open market on April 14, 2024.

US Dollar rate in Pakistan

On Sunday, the US dollar was being quoted at 277.5 for buying and 280.5 for selling.

Euro was quoted at 299.95 for buying and 302.9 for selling while British Pound stands at 349.5 for buying, and 353 for selling.

UAE Dirham AED was at 75.45 and Saudi Riyal's new rates was at 73.30. 

Today’s currency exchange rates in Pakistan - 14 April 2024

Source: Forex Association of Pakistan. (last update 08:00 AM)
Currency Symbol Buying Selling
US Dollar USD 277.5 280.5
Euro EUR 299.95 302.9
UK Pound Sterling GBP 349.5 353
U.A.E Dirham AED 75.45
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
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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