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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.

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Pakistani rupee rate against US Dollar, Euro, Pound, Riyal - Check 20 April forex rates

Pakistani currency remains marginally same against US Dollar and other currencies on April 20, 2024. US dollar was being quoted at 277.5 for buying and 280.5 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 75.25 and Saudi Riyal's new rates was at 73.30. 

Today’s currency exchange rates in Pakistan - 20 April 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 277.5 280.5
Euro EUR 293 296
UK Pound Sterling GBP 342.5 346
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 740.55 748.55
Canadian Dollar CAD 201 203
China Yuan CNY 38.47 38.87
Danish Krone DKK 39.78 40.18
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 903.11 912.11
Malaysian Ringgit MYR 58.08 58.68
New Zealand Dollar NZD 164.22 166.22
Norwegians Krone NOK 25.61 25.91
Omani Riyal OMR 723.2 731.2
Qatari Riyal QAR 76.45 77.15
Singapore Dollar SGD 204.5 206.5
Swedish Korona SEK 25.31 25.61
Swiss Franc CHF 305.47 307.97
Thai Bhat THB 7.56 7.71

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