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Petroleum dealers to discuss strike extension in today's emergency meeting

04:28 PM | 5 Jul, 2024
petrol pump protest

KARACHI - The Pakistan Petroleum Dealers Association has called an emergency meeting for this evening to determine the next steps for their ongoing nationwide strike.

Abdul Sami Khan, Chairman of the Pakistan Petroleum Dealers Association, announced that the emergency meeting will be held at 6 PM today. During this meeting, dealers will decide whether to extend the petrol pump strike beyond one day.

Khan stated that the outcome of the meeting will determine when petrol pumps will reopen. So far, there have been no negotiations with the government or administration.

He highlighted that there are over 525 petrol pumps in Karachi, with approximately 20 being company-operated. Around 30 to 35 companies have their dealers managing these pumps. Khan claimed that dealers' pumps in the city are currently closed, with only company-operated pumps or those managed directly by companies remaining open. He noted that Karachi sees a daily sale of 3.5 to 4 million liters of petrol and diesel.

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Pakistani Rupee exchange rate to US Dollar, Euro, Pound, Dirham, and Riyal - 7 July 2024

Pakistani rupee rates against US Dollar and other currencies on July 7, 2024 (Sunday) in open market.

USD to PKR Rate Today

US dollar was being quoted at 277.65 for buying and 280.65 for selling on last day of the week.

Euro's buying rate moves up to 294.3 and selling rate is 297.8 while British Pound rate is 350.5 for buying, and 353.5 for selling.

UAE Dirham AED was at 75.05 and Saudi Riyal increased to 73.40.

Currency Symbol Buying Selling
US Dollar USD 277.65 280.65
Euro EUR 294.30 297.80
UK Pound Sterling GBP 350.50 353.50
U.A.E Dirham AED 75.05 75.85
Saudi Riyal SAR 73.40 74.20
Australian Dollar AUD 182.25 184.00
Bahrain Dinar BHD 740.12 748.12
Canadian Dollar CAD 202.90 204.90
China Yuan CNY 38.25 38.65
Danish Krone DKK 40.03 40.43
Hong Kong Dollar HKD 35.60 35.95
Indian Rupee INR 3.33 3.43
Japanese Yen JPY 1.90 1.98
Kuwaiti Dinar KWD 907.61 916.61
Malaysian Ringgit MYR 58.89 59.69
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 76.34 77.04
Singapore Dollar SGD 202.15 204.15
Swedish Korona SEK 26.40 26.70
Swiss Franc CHF 309.11 311.61
Thai Bhat THB 7.57 7.72

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