LVMH converting its perfume factories to make hand sanitizer amid shortage

04:33 PM | 16 Mar, 2020
LVMH converting its perfume factories to make hand sanitizer amid shortage

Louis Vuitton’s parent company LVMH has announced to use its perfume factories to manufacture hand sanitiser in an attempt lower the risk of a shortage in France amid the coronavirus pandemic.

In a statement on Sunday, the company announced: "The gel will be delivered free of charge to the French health authorities."

"LVMH will use all the production facilities of its Perfumes & Cosmetics brands... to produce large quantities of hydroalcholic gel," it continued.

The product will be delivered to French health authorities and the Assistance Publique-Hospitaux de Paris, a web of 39 teaching hospitals that gives treatments to more than 8 million patients each year, according to its website.

France so far has handled 2269 confirmed cases of the coronavirus that have resulted in 48 deaths.

France has shut down its restaurants, cafes and non-essential stores in an effort to fight the virus. The country's grocery stores, pharmacies and other essential stores are still open.

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PKR exchange rate to US dollar, Euro, Pound, Dirham, and Riyal - 21 Feb 2024

Pakistani currency remains stable against US dollar and other currencies in the open market on February 21, 2024 (Wednesday).

US Dollar rate in Pakistan

In the open market, the US dollar was being quoted at 279.6 for buying and 282.4 for selling.

Euro comes down to 300 for buying and 303 for selling while British Pound rate stands at 350.5 for buying, and 354 for selling.

UAE Dirham AED hovers at 76.15 whereas the Saudi Riyal saw slight increase, with new rates at 74.35.

Today’s currency exchange rates in Pakistan - 21 Feb 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 279.6 282.4
Euro EUR 300 303
UK Pound Sterling GBP 350.5 354
U.A.E Dirham AED 76.15 76.9
Saudi Riyal SAR 74.35 75.1
Australian Dollar AUD 181 183
Bahrain Dinar BHD 743.32 751.32
Canadian Dollar CAD 207 209
China Yuan CNY 38.89 39.29
Danish Krone DKK 40.38 40.78
Hong Kong Dollar HKD 35.74 36.09
Indian Rupee INR 3.37 3.48
Japanese Yen JPY 2.10 2.18
Kuwaiti Dinar KWD 902.41 911.41
Malaysian Ringgit MYR 58.6 59.2
New Zealand Dollar NZD 171.68 173.68
Norwegians Krone NOK 26.43 26.73
Omani Riyal OMR 725.96 733.96
Qatari Riyal QAR 76.76 77.46
Singapore Dollar SGD 207 209
Swedish Korona SEK 26.53 26.83
Swiss Franc CHF 316.9 319.4
Thai Bhat THB 7.93 8.08


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