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Pakistani govt to announce relief in electricity bills for May 2024

10:02 AM | 17 Apr, 2024
Pakistani govt to announce relief in electricity bills for May 2024
Source: File Photo

ISLAMABAD – Pakistan's government is expected to announce relief in electricity bills for the month of May 2024 as inflation-weary people are paying record prices for basic commodities.

After April relief, authorities are likely to give another relief to power consumers in electricity bills.

A statement from the Ministry of Power Division said a petition has been submitted to NEPRA to reduce the fuel cost adjustment from Rs2.94 to Rs4.92 per unit for May, resulting in a Rs4.12 per unit reduction in electricity bills compared to March.

Minister for Power Awais Ahmad Khan Leghari emphasized that the government is working to pass on the benefits of lower fuel prices to consumers.

The electricity tariff situation in Pakistan has been experiencing fluctuations. While there have been some reductions in tariffs in recent months, the overall trend appears to be one of increase.

The situation is challenging for consumers, who are bearing brunt of record inflation.

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Today Open Market Currency Rates in Pakistan - Rupee to US Dollar, Euro, Pound, Riyal - 21 May 2024

Pakistani currency rates against US Dollar and other currencies on May 21, 2024 (Tuesday) in open market.

USD to PKR rate today

US dollar was being quoted at 277.7 for buying and 280.35 for selling.

Euro moved up to 298 for buying and 301 for selling while British Pound rate is 350.5 for buying, and 354 for selling.

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

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

Currency Symbol Buying Selling
US Dollar USD 277.4 280.35
Euro EUR 298 301
UK Pound Sterling GBP 350.5 354
U.A.E Dirham AED 75.25 76
Saudi Riyal SAR 73.5 74.25
Australian Dollar AUD 183 184.80
Bahrain Dinar BHD 739 747.8
Canadian Dollar CAD 203 205
China Yuan CNY 38.51 38.89
Danish Krone DKK 40.53 40.65
Hong Kong Dollar HKD 35.65 36.31
Indian Rupee INR 3.34 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
Norwegian 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 Baht THB 7.57 7.72

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