Pak-Iran freight train starts today

12:50 PM | 9 Jun, 2015
Pak-Iran freight train starts today

LAHORE (APP) - Pakistan Railways will operate a new freight train from Quetta to Zahedan (Iran) via Taftan from Tuesday (today) with the cooperation of the Iranian Railways.

This was told by PR Minister Khawaja Saad Rafique in a press conference held at PR headquarters on Monday.

He said the train composition would consist of 24 freight vans which would further be extended upto 40 vans later and the train would transport rice and other things from Pakistan to Iran while it would bring Sulphur, coal and other chemicals from Iran to Pakistan.

"The train will be operated once a week and it will also turn around after a week from Iran," he added.

He said the train would also bring 2000 litre oil from Iran initially which would be extended upto 5000 litre in future as the price of oil was about Rs 14 to 15 per litre in Iran, adding the train would be able to manage its expenditures through this fuel.

The minister said that Pakistan had informed Iran and Turkey that PR was ready to operate ECO train which, however, Turkey was maintaining track from Ankara to Istanbul, adding the PR would start operation of the ECO train as soon as it receives green signal from these countries.

He happily told the media, the PR was now got out of "ICU" and without copying any model, it was running on purely Pakistan Model railways, adding that travel to success of the PR was on going and now it would continue.

Saad was of the view that an investment of US dollar 3.5 billion under Pak-China Economic Corridor was a breakthrough, however the PR needed more to achieve the target of complete revival.

He said the government had given a earning target of Rs 28 billion while the PR earned Rs 28.67 billion till May last. 'I have given the earning target of Rs 31 billion to the department which would be achieved by the end of June," he added.

He said the government had given earning target of Rs 6.30 billion in freight sector which the PR had not only achieved but hopefully, it would earn Rs 8 billion during the current fiscal year.

Referring the performance of Green Line train, he said the train was being run with full capacity without any vacant seat and now from June 20, the PR was giving facility to the passengers of all its stoppages to enjoy the train on break-up fare.

He said the PR administration had decided to fix fare on facilities and value-addition basis in trains, however all sections of society would be accommodated.

The author is working as Editor Digital Media for Daily Pakistan and can be reached @ItsSarfrazAli.


Rupee exchange rate to US Dollar, Euro, Pound, Dirham, and Riyal - 28 Feb 2024

Pakistani currency remains momentum against US dollar in the open market on February 28, 2024 (Wednesday).

US Dollar rate in Pakistan

In the open market, the US dollar moves up and currently hovers at 282 for buying and 282.25 for selling.

Euro currently stands at 303.1 for buying and 306.1 for selling while British Pound rate stands at 351.6 for buying, and 355.1 for selling.

UAE Dirham AED hovers at 76.1 whereas the Saudi Riyal saw slight increase, with new rates at 74.25.

Today’s currency exchange rates in Pakistan - 28 Feb 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 282 282.25
Euro EUR 303.1 306.1
UK Pound Sterling GBP 351.6 355.1
U.A.E Dirham AED 76.1 76.8
Saudi Riyal SAR 74.25 75.05
Australian Dollar AUD 181.1 183.1
Bahrain Dinar BHD 742.91 750.91
Canadian Dollar CAD 207.1 209.1
China Yuan CNY 38.87 39.27
Danish Krone DKK 40.61 41
Hong Kong Dollar HKD 35.75 36.1
Indian Rupee INR 3.37 3.48
Japanese Yen JPY 2.10 2.18
Kuwaiti Dinar KWD 905.46 914.46
Malaysian Ringgit MYR 58.5 59.1
New Zealand Dollar NZD 173.05 175.05
Norwegians Krone NOK 26.41 26.71
Omani Riyal OMR 725.54 733.54
Qatari Riyal QAR 76.74 77.44
Singapore Dollar SGD 207.15 209.15
Swedish Korona SEK 27.04 27.34
Swiss Franc CHF 317 319.5
Thai Bhat THB 7.76 7.91


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