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Pakistan Post to provide subsidy cards, cheaper logistics to uplift small businesses

03:38 PM | 4 Jun, 2019
Pakistan Post to provide subsidy cards, cheaper logistics to uplift small businesses
ISLAMABAD - Minister for Communication and Postal Services Murad Saeed announced on Monday that Pakistan Post would uplift small businesses through provision of cheaper logistics and subsidy cards.

Announcing a press conference, the minister urged small businesses to register themselves with Pakistan post, adding that once the registration mark crosses over 10,000, Pakistan Post would uplift the small businessmen who would in turn uplift local economy; as of now 900 small business owners have registered.

https://twitter.com/PTIofficial/status/1135845745729425414

The minister expressed that for small businesses, Pakistan post would arrange free marketing campaigns across the world in liaison with overseas ministry which would spur exports.

'We [ministry] would endorse your product,' Saeed shared.

The lawmaker also highlighted that Pakistan Post had already launched the electronic money order service as well as e-commerce adding that Post Office had signed an agreement with National Bank for free of cost delivery of remittances from abroad. The minister said the Post Office had 673 franchises and its network would be expanded to 27000 branches.

The writer is a civil servant.

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Rupee exchange rate to US Dollar, Euro, Pound, Dirham, and Riyal - 18 April 2024

Pakistani currency continues to gain against US Dollar and other currencies on April 18, 2024. US dollar was being quoted at 277.2 for buying and 280.3 for selling.

Euro comes down to 293 for buying and 296 for selling while British Pound stands at 342.25 for buying, and 345.65 for selling.

UAE Dirham AED was at 75.25 and Saudi Riyal's new rates was at 73.30. 

Today’s currency exchange rates in Pakistan - 18 April 2024

Currency Symbol Buying Selling
US Dollar USD 277.2 280.3
Euro EUR 293 296
UK Pound Sterling GBP 342.25  345.65 
U.A.E Dirham AED 75.25  75.95
Saudi Riyal SAR 73.3 74.05
Australian Dollar AUD 181 182.8
Bahrain Dinar BHD 739.63 747.63
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 3.32 3.43
Japanese Yen JPY 1.86 1.94
Kuwaiti Dinar KWD 902.26 912.91
Malaysian Ringgit MYR 58.24 59.52
New Zealand Dollar NZD 164.75 169.63
Norwegians Krone NOK 25.42 25.68
Omani Riyal OMR 722.1 730.1
Qatari Riyal QAR 76.37 77.05
Singapore Dollar SGD 206 208
Swedish Korona SEK 25.72 26.02
Swiss Franc CHF 307.11 309.61
Thai Bhat THB 7.56 7.76

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