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Pakistan decides to close shops, markets by 8:30 pm as power crisis deepens

06:45 PM | 8 Jun, 2022
Pakistan decides to close shops, markets by 8:30 pm as power crisis deepens
Source: Screengrab

ISLAMABAD – The federal cabinet has approved the proposal to get shops and markets closed early as part of its energy conservation efforts.

Reports in local media said federal and all provinces have decided to close the markets and bazaars at 8:30 pm as the country faced over 7,440MW of shortfall.

The decision was made in the National Economic Council meeting led by Prime Minister Shehbaz Sharif on Wednesday.

The development comes days after the trader’s union raised objections to the government's proposal of keeping markets closed two days a week.

The federal government earlier this week announced to cut the load shedding of electricity from today to three and a half hours, assuring the nation that the outage will be further reduced in the coming months.

Amid the stern measures, the newly installed government has also restored two-day weekly off at public offices and at educational institutions.

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offs for government employees in a major administrative decision soon after coming into power however that decision was revoked now as a country of nearly 221 million is facing a huge power crisis.

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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