Search

Second hike in rail fares announced since PTI's rule

09:41 AM | 5 Dec, 2018
Second hike in rail fares announced since PTI's rule
ISLAMABAD - The Pakistan Railway has increased train fare for the second time by up to 19 percent after the Pakistan Tehreek-e-Insaf (PTI) was voted to power.

A notification issued by the railways said that the new rates will be enforced from December 7.

The government has approved 12 percent increase in the fare of  Karachi Express, Business Express, Shalimar and Shah Hussain Express; while 13 percent on Khyber Mail, Awam Express and Allama Iqbal Express.

The ticket price of all classes of Sukkur Express will go up by 15%, while Pakistan Express' fare has surged by a 19 percent, said the notification.

An increase of as many as Rs 540 of Green line train from Karachi to Islamabad has been announced under the new price schedule.

The development comes a day after Federal Minister for Railways Sheikh Rasheed announced to revise the fares of as many as 40 trains following the rupee devaluation against the dollar.

https://en.dailypakistan.com.pk/pakistan/pakistan-to-increase-train-fares-as-rupee-continues-to-drop-against-dollar/

Earlier this year, Sheikh Rasheed had also announced to contribute Rs100 million annually as funds for the construction of dams by raising the rail fares.

“Fares have been raised for the sole purpose of donating Rs100 million yearly to the PM-CJ Diamer-Bhasha and Mohmand Dams Fund,” said the minister.

He said, “On Rs100 ticket the ministry will charge Re1 extra and Rs2 on more than Rs100 ticket. For air-conditioned sleeper coaches, the fare will be increased up to Rs10.”

Advertisement

Currency Rates Today - Pakistani Rupee to US Dollar, Euro, Pound, Dirham, Riyal - 22 July 2024

Pakistani rupee rates against US Dollar and other currencies on July 22, 2024 (Monday) in open market.

USD to PKR Rate Today

US dollar was being quoted at 279.15 for buying and 280.85 for selling. Euro's buying rate remains stable at 301.25 and selling rate is 303.25.

British Pound rate is 354.75 for buying, and 358.25 for selling. UAE Dirham AED was at 76.4 and Saudi Riyal lowered to 73.60.

Currency Rates Today

Currency Symbol Buying Selling
US Dollar USD 279.15 280.85
Euro EUR 301.25 303.25
UK Pound Sterling GBP 354.75 358.25
U.A.E Dirham AED 76.40 77.15
Saudi Riyal SAR 73.60 74.32
Australian Dollar AUD 184.75 186.55
Bahrain Dinar BHD 741.15 749.15
Canadian Dollar CAD 203.50 205.50
China Yuan CNY 38.35 38.75
Danish Krone DKK 40.05 40.45
Hong Kong Dollar HKD 35.70 36.05
Indian Rupee INR 36.05 36.05
Japanese Yen JPY 1.91 1.99
Kuwaiti Dinar KWD 908.25 917.35
Malaysian Ringgit MYR 58.95 59.75
New Zealand Dollar NZD 169.24 171.24
Norwegians Krone NOK 26.04 26.34
Omani Riyal OMR 722.87 730.89
Qatari Riyal QAR 76.39 77.09
Singapore Dollar SGD 202.00 204.00
Swedish Korona SEK 26.40 26.70
Swiss Franc CHF 309.05 311.55
Thai Bhat THB 7.50 7.65

Advertisement

Follow us on Facebook

Follow us on Twitter

Sign up for Newsletter