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Pakistan restores Saturday weekly off, decision on early markets’ closure deferred

05:24 PM | 7 Jun, 2022
Pakistan restores Saturday weekly off, decision on early markets’ closure deferred
Source: File photo

ISLAMABAD – The newly installed coalition government has approved the restoration of two-day weekly off at public offices and at educational institutions, Federal Information Minister Marriyum Aurangzeb announced following a cabinet meeting.

Prime Minister Shehbaz Sharif abolished two weekly offs for government employees in a major administrative decision soon after coming into power however that decision was revoked now as a country of nearly 221 million is facing a huge power crisis.

Reports in local media suggest that Power Division proposed the two weekly off as part of a new strategy to save energy amid a rising electricity shortfall.

The sharif-led cabinet was briefed on the looming power crisis and measures to cut power outages in the country however no decision was made about the early closure of markets.

Meanwhile, a cabinet sub-committee will now deliberate over the early closure of markets after taking stakeholders into confidence, per reports.

Amid the austerity measures, the federal cabinet also gave a nod to cut the 40percent fuel quota of ministers and government employees.

Despite stern measures by the coalition government, the energy crisis in Pakistan deepened as the power shortfall soared to 7,000MW. Currently, the demand for electricity has exceeded 27,200MW while the production capability rests at 21,000MW.

Daily Pakistan Global Web Desk

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Currency Rates in Pakistan Today - Pakistani rupee to US Dollar, Euro, Pound, Dirham, and Riyal - 19 April 2024

Pakistani currency saw minor adjustment against global currencies on April 19, 2024. US dollar was being quoted at 277.4 for buying and 280.4 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 75.2 and Saudi Riyal's new rates was at 73.30.

Today’s currency exchange rates in Pakistan - 19 April 2024

Currency Symbol Buying Selling
US Dollar ‎USD 277.4 280.4
Euro EUR 293 296
UK Pound Sterling GBP 342.25 345.65
U.A.E Dirham AED 75.2 75.9
Saudi Riyal SAR 73.3 74.05
Australian Dollar AUD 181 182.8
Bahrain Dinar BHD 740.09 748.09
Canadian Dollar CAD 201 203
China Yuan CNY 38.44 38.84
Danish Krone DKK 39.69 40.09
Hong Kong Dollar HKD 35.53 35.88
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.86 1.94
Kuwaiti Dinar KWD 902.64 911.64
Malaysian Ringgit MYR 58.08 58.68
New Zealand Dollar NZD 164.22 166.22
Norwegians Krone NOK 25.31 25.61
Omani Riyal OMR 722.87 730.87
Qatari Riyal ‎QAR 76.45 77.15
Singapore Dollar SGD 204.5 206.5
Swedish Korona SEK 25.31 25.61
Swiss Franc CHF 305.08 307.58
Thai Bhat THB 7.56 7.71

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