LAHORE – Pakistan Railways has announced three percent increase in fare of various freight trains after petroleum prices were revised up by the government.
The railways has issued a notification in this regard, stating that steel coils, petroleum products, LHC, LMC, hunting charges and others will be exempted from the recent hike in fares.
The new freight train fares will come into effect from July 3, 2024.
On Sunday night, the government increased the petrol prices owing to the upward trend in the international market.
The federal government raised the petrol price in the country by Rs7.45 per litre, increasing it from Rs258.16 to Rs265.61 for the next fortnight (July 1-July 15).
According to the notification, the price of high-speed diesel (HSD) has also been increased by Rs9.56 to Rs277.45 per litre. The new fuel prices will take effect from July 1.
"The prices of petroleum products have seen an increasing trend in the international market during the last fortnight," the official notification stated.
This price adjustment is the first since the announcement of the federal budget for the fiscal year 2024-25 on June 12.
Pakistani rupee rates against US Dollar and other currencies on July 3, 2024 (Wednesday) in open market.
US dollar was being quoted at 277.6 for buying and 280.7 for selling.
Euro's buying rate moves up to 294.3 and selling rate is 297.75 while British Pound rate is 350 for buying, and 353 for selling.
UAE Dirham AED was at 75 and Saudi Riyal increases to 73.15.
Currency | Symbol | Buying | Selling |
---|---|---|---|
US Dollar | USD | 277.6 | 280.7 |
Euro | EUR | 294.3 | 297.75 |
UK Pound Sterling | GBP | 350 | 353 |
U.A.E Dirham | AED | 75 | 75.8 |
Saudi Riyal | SAR | 73.15 | 73.95 |
Australian Dollar | AUD | 182.2 | 184 |
Bahrain Dinar | BHD | 740.22 | 748.22 |
Canadian Dollar | CAD | 203 | 205 |
China Yuan | CNY | 38.29 | 38.69 |
Danish Krone | DKK | 40.03 | 40.43 |
Hong Kong Dollar | HKD | 35.63 | 35.98 |
Indian Rupee | INR | 3.34 | 3.45 |
Japanese Yen | JPY | 1.90 | 1.98 |
Kuwaiti Dinar | KWD | 907.71 | 916.71 |
Malaysian Ringgit | MYR | 58.99 | 59.59 |
New Zealand Dollar | NZD | 169.34 | 171.34 |
Norwegians Krone | NOK | 26.14 | 26.44 |
Omani Riyal | OMR | 722.87 | 730.89 |
Qatari Riyal | QAR | 76.44 | 77.14 |
Singapore Dollar | SGD | 202 | 204 |
Swedish Korona | SEK | 26.27 | 26.57 |
Swiss Franc | CHF | 309.01 | 311.51 |
Thai Bhat | THB | 7.55 | 7.70 |
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