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Pakistani PM, Iranian president inaugurate joint market, power transmission line in Pishin

10:05 AM | 18 May, 2023
Pakistani PM, Iranian president inaugurate joint market, power transmission line in Pishin
Source: social media

ISLAMABAD – Prime Minister Shehbaz Sharif and Iranian President Seyed Ebrahim Raisi have inaugurated 100 MW Polan-Gabd electricity transmission line project from Iran to Gwadar at Mand-Pishin crossing point of Pakistan-Iran border today.

Top leaders of neighboring nations also inaugurated sustenance marketplace at Mand-Pishin crossing point, a project which aimed at unleashing development, trade, business and employment opportunities contributing to future prosperity of people of Gwadar and Balochistan.

Earlier in the day, Prime Minister Shehbaz Sharif has departed for the Mand-Pishin border crossing between Pakistan and Iran to launch a border market and 100mw power transmission line with Iranian President Ibrahim Raisi today.

Islamabad is currently importing 200MW of electricity from neighboring nation with eyeing to increase power import to 450-500MW.

Radio Pakistan reported that PM Sharif and the Iranian president will officially inaugurate the Iran-Pakistan Border Market, as the two sides are establishing new trade markets on the border.

One market was inaugurated in the Mand area, while work is underway on opening two others.

Reports also suggest that Prime Minister Shehbaz Sharif will visit Gwadar tomorrow where he will interact with local leadership and people.

Daily Pakistan Global Web Desk


Pakistani rupee rate against US Dollar, Euro, Pound, Riyal - Check 14 April forex rates

Pakistani currency remains unchanged against US dollar and other currencies in open market on April 14, 2024.

US Dollar rate in Pakistan

On Sunday, the US dollar was being quoted at 277.5 for buying and 280.5 for selling.

Euro was quoted at 299.95 for buying and 302.9 for selling while British Pound stands at 349.5 for buying, and 353 for selling.

UAE Dirham AED was at 75.45 and Saudi Riyal's new rates was at 73.30. 

Today’s currency exchange rates in Pakistan - 14 April 2024

Source: Forex Association of Pakistan. (last update 08:00 AM)
Currency Symbol Buying Selling
US Dollar USD 277.5 280.5
Euro EUR 299.95 302.9
UK Pound Sterling GBP 349.5 353
U.A.E Dirham AED 75.45
Saudi Riyal SAR 73.3 74.05
Australian Dollar AUD 182.7 184.5
Bahrain Dinar BHD 739.38 747.38
Canadian Dollar CAD 204 206.2
China Yuan CNY 38.45 38.85
Danish Krone DKK 40.45 40.85
Hong Kong Dollar HKD 35.57 35.92
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.86
Kuwaiti Dinar KWD 903.91 912.91
Malaysian Ringgit MYR 58.92 59.52
New Zealand Dollar NZD 167.63 169.63
Norwegians Krone NOK 25.38 25.68
Omani Riyal OMR 722.1 730.1
Qatari Riyal QAR 76.35 77.05
Singapore Dollar SGD 206 208
Swedish Korona SEK 25.72 26.02
Swiss Franc CHF 307.11 309.61
Thai Bhat THB 7.61 7.76


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