SHANGHAI/KARACHI – China has begun construction of third 054A frigate for Pakistan Navy.
A ceremony to this effect was held at Hudong Zhonghua Shipyard.
Turkey, meanwhile, has also started construction of second Milgem Class Corvette warship for Pakistan Navy.
Keel laying ceremonies of 3rd Type-054A Class Frigate and 2nd MILGEM Class Corvette for #PakNavy were held at Hudong Zhonghua (HZ) Shipyard, China & Istanbul Naval Shipyard (INSY), Turkey respectively. The ceremonies were graced by respective Country's Chief Naval Overseers.(1/3) pic.twitter.com/AuQMoD2j6i
— DGPR (Navy) (@dgprPaknavy) May 1, 2021
Chief Naval Overseer Pakistan Navy Commodore Ehsan Ahmed Khan speaking at the ceremony said the event is a defining moment to further cement the friendship between the two strategically aligned nations.
Pakistan Navy has concluded a contract for construction of four corvettes fitted with state-of-the-art surface, sub-surface and anti-air weapons and sensors integrated through an advanced Network Centric Combat Management System.
A spokesperson of Pakistan Navy said both the ships will be laced with modern technology & equipment and sensors.
The spokesperson said the induction of these ships into our fleet will further strengthen the country's maritime defence and help maintain balance of power in the region.
Pakistani currency saw minor adjustment against global currencies on April 17, 2024. US dollar was being quoted at 277.4 for buying and 280.4 for selling.
Euro comes down to 293.15 for buying and 296.1 for selling while British Pound stands at 344.25 for buying, and 347.6 for selling.
UAE Dirham AED was at 75.4 and Saudi Riyal's new rates was at 73.30.
Currency | Symbol | Buying | Selling |
---|---|---|---|
US Dollar | USD | 277.4 | 280.4 |
Euro | EUR | 293.15 | 296.1 |
UK Pound Sterling | GBP | 344.25 | 347.6 |
U.A.E Dirham | AED | 75.45 | 76.2 |
Saudi Riyal | SAR | 73.3 | 74.05 |
Australian Dollar | AUD | 181 | 182.5 |
Bahrain Dinar | BHD | 739.38 | 747.38 |
Canadian Dollar | CAD | 201 | 203 |
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 | 1.94 |
Kuwaiti Dinar | KWD | 902.26 | 911.26 |
Malaysian Ringgit | MYR | 58.24 | 58.84 |
New Zealand Dollar | NZD | 164.75 | 166.75 |
Norwegians Krone | NOK | 25.38 | 25.68 |
Omani Riyal | OMR | 722.1 | 730.1 |
Qatari Riyal | QAR | 76.37 | 77.07 |
Singapore Dollar | SGD | 204.5 | 206.5 |
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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