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Pakistan bans sale of weapons in major step to control gun culture

10:38 AM | 16 Nov, 2023
Pakistan bans sale of weapons in major step to control gun culture
Source: File Photo

ISLAMABAD – The federal government has imposed nationwide restriction on the sale of firearms other than Pakistan Ordinance Factory (POF).

A notification issued by the interior ministry said the receipts from dealers excluding those from the Pakistan Ordinance Factory will now be deemed invalid for arms transactions as per the directive.

It cleared that dealer receipts are not acceptable from now on and that arms dealers cannot deal in banned bore weapons.

The government maintained that weapon holders are mandated to exclusively procure arms from the POF and acquisition from other dealers renders the transaction ineligible for an arms licence.

Pakistan is known to have a high rate of gun ownership, which has been linked to high level of gun violence.

Illegal weapons are often used in criminal activity, and they contribute to a climate of fear and insecurity.

Authorities are taking stringent measures to address the issue of weapons, but these efforts have been largely ineffective.

Daily Pakistan Global Web Desk

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Pakistani rupee exchange rate against US dollar, Euro, Pound and Riyal - 29 Feb 2024

Pakistani rupee remains stable against US dollar in the open market on February 29, 2024 (Thursday).

US Dollar rate in Pakistan

In the open market, the US dollar was being quoted at 279.1 for buying and 282.35 for selling.

Euro currently stands at 303 for buying and 306 for selling while British Pound rate stands at 352 for buying, and 355.5 for selling.

UAE Dirham AED hovers at 76 whereas the Saudi Riyal saw slight increase, with new rates at 74.3.

Today’s currency exchange rates in Pakistan - 29 Feb 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 279.1 282.35
Euro EUR 303 306
UK Pound Sterling GBP 352 355.5
U.A.E Dirham AED 76 76.7
Saudi Riyal SAR 74.3 75.1
Australian Dollar AUD 181 183
Bahrain Dinar BHD 743.11 751.11
Canadian Dollar CAD 207 209.2
China Yuan CNY 38.82 39.22
Danish Krone DKK 40.69 41.09
Hong Kong Dollar HKD 35.7 36.05
Indian Rupee INR 3.37 3.48
Japanese Yen JPY 2.1 2.18
Kuwaiti Dinar KWD 907.32 916.32
Malaysian Ringgit MYR 58.49 59.09
New Zealand Dollar NZD 173.05 175.05
Norwegians Krone NOK 26.36 26.66
Omani Riyal OMR 725.68 733.68
Qatari Riyal QAR 76.74 77.44
Singapore Dollar SGD 207 209
Swedish Korona SEK 27.04 27.34
Swiss Franc CHF 317.76 320.26
Thai Bhat THB 7.76 7.91

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