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Govt to announce ‘National medicines policy’ soon: Dr Zafar

10:59 AM | 17 May, 2019
Govt to announce ‘National medicines policy’ soon: Dr Zafar
ISLAMABAD - Minister of State for National Health Services, Regulations and Coordination Dr Zafar Mirza said that government is mulling over to present a new national medicines policy to regulate the pharmaceutical industry and controlling the prices of the drugs.

While addressing a press conference in Islamabad, Dr Zafar said that the new policy will be made in consultation with all stakeholders aiming to ensure the availability of life-saving medicines and to avoid the price hike.

https://twitter.com/pid_gov/status/1128957900796366849

The minister informed that the new medicines policy will devise rules and regulations pertaining to maintain medicine’s quality as per international standard.

Minister of State for National Health Services also announced the decisions taken by the Federal Cabinet to reduce prices of medicines. Reduction in prices of 395 drugs notified vide SRO dated 31-12-2018 will be implemented in letter and spirit since the Sindh High Court has disposed of petitions filed by the pharmaceutical companies. Prices of drugs which had been increased by more than 75% will be brought down to 75% increase.

Daily Pakistan Global Web Desk

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Pakistani rupee exchange rate against US dollar, Euro, Pound and Riyal – March 1, 2024

Pakistani rupee remains stable against US dollar in the open market on March 1, 2024 (Friday).

US Dollar rate in Pakistan

In the open market, the US dollar was being quoted at 279.32 for buying and 282.35 for selling.

Euro currently stands at 302 for buying and 305 for selling while British Pound rate stands at 353 for buying, and 356 for selling.

UAE Dirham AED hovers at 76.15 whereas the Saudi Riyal saw slight increase, with new rates at 74.4.

Today’s currency exchange rates in Pakistan – March 1, 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar ‎USD 279.32 282.35
Euro EUR 302 305
UK Pound Sterling GBP 353 356
U.A.E Dirham AED 76.15 76.85
Saudi Riyal SAR 74.4 75.2
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 172.43 174.43
Norwegians Krone NOK 26.36 26.66
Omani Riyal OMR 725.68 733.68
Qatari Riyal ‎QAR 76.74 77.46
Singapore Dollar SGD 207 209
Swedish Korona SEK 27.13 27.43
Swiss Franc CHF 317.76 320.26
Thai Bhat THB 7.76 7.91

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