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RON 92 standard petrol will be available in market in November: Ministry

09:25 PM | 5 Oct, 2016
RON 92 standard petrol will be available in market in November: Ministry
ISLAMABAD (Web Desk) - The government has decided to switch over from the existing 87 RON PMG (Petrol) to 92 and 95 standard from the next import/tender cycle of the Pakistan State Oil (PSO), which is expected from the next month.

“Current automobiles are designed to run at 92 or higher RON, which assists in providing reduced environmental impact, enhanced motor vehicle experience and increased mileage as a resolution of better engine hygiene,” official sources in the Ministry of Petroleum and Natural Resources told APP.

Currently, the country is importing 87 RON petrol, which is not of a very high character, but from November initially RON 92 will be available at selected petrol pumps of major urban centers.

The Economic Coordination Committee of the Federal Cabinet has recently approved the import of RON92 to boost the efficiency of vehicles and protect the environment.

The decision was part of the Ministry’s strategy to introduce petrol of three different degrees (92 RON, 95 RON and 97 RON) for replacing the existing petrol of 87 RON.

Initially, the government allowed the import of RON92 on a test basis for major cities, and after successful experiment it would be delivered in the peacefulness of the country gradually.

The higher RON reduces environmental impact due to lower emissions as a consequence of better engine health.

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Pakistani rupee exchange rate to US dollar, Euro, Pound, Dirham, and Riyal - 18 May 2024 Forex Rates

Pakistani currency rates against US Dollar and other currencies on May 18, 2024 (Saturday) in open market.

USD to PKR rate today

US dollar was being quoted at 277.4 for buying and 280.35 for selling.

Euro stands at 297 for buying and 299.5 for selling while British Pound rate is 348.5 for buying, and 352 for selling.

UAE Dirham AED was at 75.25 and Saudi Riyal came down to 73.50.

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

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 277.4 280.35
Euro EUR 297 299.5
UK Pound Sterling GBP 348.5 352
U.A.E Dirham AED 75.25 76
Saudi Riyal SAR 73.5 74.25
Australian Dollar AUD 181 183
Bahrain Dinar BHD 747.77 755.77
Canadian Dollar CAD 203 205
China Yuan CNY 38.49 38.89
Danish Krone DKK 40.25 40.65
Hong Kong Dollar HKD 35.96 36.31
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.91 1.99
Kuwaiti Dinar KWD 913.28 922.28
Malaysian Ringgit MYR 58.69 59.29
New Zealand Dollar NZD 169.45 171.45
Norwegians Krone NOK 25.67 25.97
Omani Riyal OMR 730.59 738.59
Qatari Riyal QAR 76.41 77.11
Singapore Dollar SGD 203 205
Swedish Korona SEK 25.67 25.97
Swiss Franc CHF 309.01 311.51
Thai Bhat THB 7.57 7.72

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