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Pakistan decides to ban traditional fans this year to save energy

09:05 PM | 2 Mar, 2023
Pakistan decides to ban traditional fans this year to save energy
Source: File Photo

ISLAMBAD – The federal government has decided to impose a ban on production and sale of conventional fans from July this year in order to save electricity under its energy conservation plan.

The Ministry of Science and Technology has recommended the ban which will be enforced through a Statutory Regulatory Order (SRO).

Reports said the National Energy Efficiency and Conservation Authority (NEECA) had been tasked with ensuring the production of energy efficient fans that consume less than 80 watts of energy.

Pakistan Standards and Quality Control Authority (PSQCA) has also been directed to amend the national standards for fan production in line with the government’s energy-saving plan.

The manufacturing and sale of fans in one-star category, which consume less than 80 watts, AC inverters fans, which requires less than 45-50 watts of electricity, will be allowed.

The government also intends to ban manufacturing of other home appliances with energy efficiency 90% or less. 

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Pakistani rupee exchange rate against US dollar, Euro, Pound and Riyal – March 3, 2024

Pakistani rupee remains largely stable against USD and other currencies in the open market on March 3, 2024 (Sunday).

US Dollar rate in Pakistan

In the open market, the US dollar was being quoted at 279.3 for buying and 282.45 for selling.

Euro currently stands at 302.5 for buying and 305.5 for selling while British Pound rate stands at 354 for buying, and 359 for selling.

UAE Dirham AED hovers at 76.3 whereas the Saudi Riyal saw slight increase, with new rates at 74.5.

Today’s currency exchange rates in Pakistan – March 3, 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar ‎USD 279.3 282.45
Euro EUR 302.5 305.5
UK Pound Sterling GBP 354 359
U.A.E Dirham AED 76.3 77
Saudi Riyal SAR 74.5 75.3
Australian Dollar AUD 181 183
Bahrain Dinar BHD 737.97 745.97
Canadian Dollar CAD 207 209.2
China Yuan CNY 38.82 39.22
Danish Krone DKK 40.23 40.63
Hong Kong Dollar HKD 35.7 36.05
Indian Rupee INR 3.37 3.48
Japanese Yen JPY 2.1 2.18
Kuwaiti Dinar KWD 901.62 910.62
Malaysian Ringgit MYR 58.49 59.09
New Zealand Dollar NZD 168.97 170.97
Norwegians Krone NOK 26.54 26.84
Omani Riyal OMR 725.68 733.68
Qatari Riyal ‎QAR 76.74 77.44
Singapore Dollar SGD 207 209
Swedish Korona SEK 27.13 27.43
Swiss Franc CHF 314.07 316.57
Thai Bhat THB 7.74 7.89

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