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KP follows Punjab, fixes roti price at Rs15

10:22 AM | 16 Apr, 2024
KP follows Punjab, fixes roti price at Rs15
Source: File Photo

PESHAWAR – In line with Punjab government’s exemplary move to slash the price of roti, the Khyber Pakhtunkhwa government now fixed the new rate at Rs15.

The provincial government fixed the price of 100 grams of roti at Rs15 while the price of 200 grams roti was set at Rs30 on the directive of Chief Minister Ali Amin Gandapur.

KP Food Minister Zahoor Shah hoped that lowering roti price would provide relief to inflation weary masses. Shah reiterated taking steps for the welfare of the people.

The decision comes as part of efforts to address food affordability and ensure access to essential items for the growing population.

Nanbais reject new roti prices

The Bakers Association dismissed the price reduction, citing that when the roti price was set at Rs20, a 20 kg bag of flour cost Rs2100. They argued that there should have been prior notification of any price reductions for flour and fines.

President of the Nanbai Association stated that the government does not subsidize gas and electricity, which are essential for baking bread. Since nanbais use Liquified Petroleum Gas (LPG), reducing bread prices would be challenging.

Despite the notification, roti is still being sold at Rs20 in tandoors, and the mandated prices of Rs16 for roti and Rs20 for naan were not implemented.

Naanbais Association president booked 

Amid the dissent, Shafique Qureshi, President of the All Pakistan Naanbais Association, has been booked under MPO 16. 

Rawalpindi police have registered a case against Qureshi, who remains in hiding since he opposed Punjab government's decision to lower roti and naan prices in a video statement.

Daily Pakistan Global Web Desk

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Pakistani rupee exchange rate to US dollar, Euro, Pound, Dirham, and Riyal - 18 May 2024 Forex Rates

Pakistani currency rates against US Dollar and other currencies on May 18, 2024 (Saturday) in open market.

USD to PKR rate today

US dollar was being quoted at 277.4 for buying and 280.35 for selling.

Euro stands at 297 for buying and 299.5 for selling while British Pound rate is 348.5 for buying, and 352 for selling.

UAE Dirham AED was at 75.25 and Saudi Riyal came down to 73.50.

Today’s currency exchange rates in Pakistan - 18 May 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 277.4 280.35
Euro EUR 297 299.5
UK Pound Sterling GBP 348.5 352
U.A.E Dirham AED 75.25 76
Saudi Riyal SAR 73.5 74.25
Australian Dollar AUD 181 183
Bahrain Dinar BHD 747.77 755.77
Canadian Dollar CAD 203 205
China Yuan CNY 38.49 38.89
Danish Krone DKK 40.25 40.65
Hong Kong Dollar HKD 35.96 36.31
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.91 1.99
Kuwaiti Dinar KWD 913.28 922.28
Malaysian Ringgit MYR 58.69 59.29
New Zealand Dollar NZD 169.45 171.45
Norwegians Krone NOK 25.67 25.97
Omani Riyal OMR 730.59 738.59
Qatari Riyal QAR 76.41 77.11
Singapore Dollar SGD 203 205
Swedish Korona SEK 25.67 25.97
Swiss Franc CHF 309.01 311.51
Thai Bhat THB 7.57 7.72

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