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PTA & PITB inaugurate Lahore IXP to boost digital connectivity

06:25 PM | 18 Aug, 2023
PTA & PITB inaugurate Lahore IXP to boost digital connectivity

LAHORE - The Pakistan Telecommunication Authority (PTA) and Punjab Information Technology Board (PITB) marked a historic milestone today with the inauguration of the Lahore Internet Exchange Point (IXP). This state-of-the-art facility stands poised to revolutionize digital connectivity across the region. 

The inauguration ceremony was held at Arfa Software Technology Park (ASTP) with esteemed industry leaders, government officials, vital stakeholders and prominent Internet Service Providers (ISPs) in attendance. International stakeholders namely Internet Society (ISOC), Asia Pacific Network Information Centre (APNIC) and Japan Registry Services (JPRS) attended the event remotely.  

The launch event featured presentations and insightful speeches from key industry figures, emphasizing the IXP's potential to enhance digital infrastructure and support the growth of Pakistan's internet economy. 

Speaking at the event, Chairman PTA, Major General (R) Hafeez Ur Rehman emphasized the critical importance of the Lahore IXP, highlighting its multifaceted benefits. He lauded the IXP's potential to galvanize economic growth, facilitate greater access to digital services and enhance network efficiency.

Chairman PITB, Mr. Faisal Yousaf said, “Launching IXP locally would reduce our dependency on international data routes. Additionally, it would ensure rather reliable and robust internet connectivity.”

Key speakers at the ceremony also included Chief Information Officer PITB Mr. Sajjad Ghani, Director General CVD PTA, Dr. Muhammad Mukaram Khan; Regional Director ISOC, Mr. Naveed Haq; IXP Specialist ISOC, Mr. Aftab Siddiqui; Director General APNIC, Mr. Paul Wilson, and GM JPRS, Mr. Kazuhiro Kitamura.

The Lahore IXP reflects a commitment to bolstering digital infrastructure. The launch underscores PTA & PITB's dedication to advancing the telecom and IT sector. This initiative paves way for a more competitive landscape, enabling both established entities and smaller operators to share the benefits of enhanced connectivity.

PTA remains committed to facilitating collaboration and innovation in the digital domain.

Daily Pakistan Global Web Desk

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Pakistani rupee exchange rate to US dollar, Euro, Pound, Dirham, and Riyal - 26 Feb 2024

Pakistani currency remains stable against US dollar in the open market on February 26, 2024 (Monday).

US Dollar rate in Pakistan

In the open market, the US dollar was being quoted at 279.5 for buying and 282.55 for selling.

Euro currently stands at 302 for buying and 305 for selling while British Pound rate stands at 352.5 for buying, and 356 for selling.

UAE Dirham AED hovers at 76.1 whereas the Saudi Riyal saw slight increase, with new rates at 74.35.

Today’s currency exchange rates in Pakistan - 26 Feb 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 279.5 282.55
Euro EUR 302 305
UK Pound Sterling GBP 352.5 356
U.A.E Dirham AED 76.1 76.8
Saudi Riyal SAR 74.35 75.1
Australian Dollar AUD 181 183
Bahrain Dinar BHD 743.88 751.88
Canadian Dollar CAD 207 209
China Yuan CNY 38.89 39.29
Danish Krone DKK 40.38 40.78
Hong Kong Dollar HKD 35.76 36.11
Indian Rupee INR 3.37 3.48
Japanese Yen JPY 2.1 2.18
Kuwaiti Dinar KWD 908.79 917.79
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 726.53 734.53
Qatari Riyal QAR 76.76 77.46
Singapore Dollar SGD 207 209
Swedish Korona SEK 26.53 26.83
Swiss Franc CHF 317.87 320.37
Thai Bhat THB 7.79 7.94

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