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Cement price increased by Rs125 per bag

02:29 PM | 13 Mar, 2022
Cement price increased by Rs125 per bag
Source: File Photo

LAHORE – Retail price of a bag of cement has surged to all-time high of Rs870 after an increase of Rs125 in last 10 days, serving a blow to construction sector.

Realty developers fear that cement price could jump to Rs1,000 per bag and they demanded the government intervention to control the price as it could affect Prime Minister Imran Khan’s low-cost housing initiative.

Meanwhile, the Sensitive Price Indicator (SPI) based weekly inflation witnessed an increase for the fourth straight week by 0.52 per cent, according to a data shared by Pakistan Bureau of Statistics (PBS).

The SPI-based weekly inflation went up for the week ended on March 10, 2022, the fourth consecutive week, after registering an increase of 0.04%, 0.51% and 0.22% in the preceding weeks respectively.

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PKR rate against US Dollar, Euro, Pound, Riyal - Check 16 April forex rates

Pakistani currency gains momentum against all currencies on April 16, 2024 Tuesday. US dollar was being quoted at 277.9 for buying and 280.85 for selling.

Euro was quoted at 295 for buying and 298 for selling while British Pound stands at 345 for buying, and 349 for selling.

UAE Dirham AED was at 75.4 and Saudi Riyal's new rates was at 73.30. 

Today’s currency exchange rates in Pakistan - 15 April 2024

Currency Symbol Buying Selling
US Dollar USD 277.9 280.85
Euro EUR 295 298
UK Pound Sterling GBP 345 349
U.A.E Dirham AED 75.45 76.2
Saudi Riyal SAR 73.3 74.05
Australian Dollar AUD 182.7 184.5
Bahrain Dinar BHD 739.38 747.38
Canadian Dollar CAD 204 206.2
China Yuan CNY 38.45 38.85
Danish Krone DKK 40.45 40.85
Hong Kong Dollar HKD 35.57 35.92
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.86 1.94
Kuwaiti Dinar KWD 903.91 912.91
Malaysian Ringgit MYR 58.92 59.52
New Zealand Dollar NZD 167.63 169.63
Norwegians Krone NOK 25.38 25.68
Omani Riyal OMR 722.1 730.1
Qatari Riyal QAR 76.35 77.05
Singapore Dollar SGD 206 208
Swedish Korona SEK 25.72 26.02
Swiss Franc CHF 307.11 309.61
Thai Bhat THB 7.61 7.76

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