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Punjab allocates Rs3.2 billion to buy new vehicle for officers 

03:27 PM | 22 Jul, 2023
Punjab allocates Rs3.2 billion to buy new vehicle for officers 
Source: File Photo

LAHORE – The caretaker Punjab government has allocated Rs3.2 billion to bury new vehicles for all assistant commissioners, additional deputy commissioners and additional commissioners. 

The decision comes as the South Asian country is reeling under economic crisis coincided with skyrocketing inflation. The cash-strapped nation has recently secured a $3billion loan deal from the IMF to avert default. 

Reports said the provincial finance department has issued a notification, approving the allocation of funds to procure vehicles for the officers. 

The notification, dated July 20, states that every assistant commissioner would be given a double-cabin manual transmission vehicle while additional deputy commissioners (General) will get 1300cc vehicles. Additional commissioners of every division will receive 1600cc vehicles. 

It further states that the vehicles currently being used by assistant commissioners will be allotted to tehsildars. 

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Rupee exchange rate to US Dollar, Euro, Pound, Dirham, and Riyal - 28 Feb 2024

Pakistani currency remains momentum against US dollar in the open market on February 28, 2024 (Wednesday).

US Dollar rate in Pakistan

In the open market, the US dollar moves up and currently hovers at 282 for buying and 282.25 for selling.

Euro currently stands at 303.1 for buying and 306.1 for selling while British Pound rate stands at 351.6 for buying, and 355.1 for selling.

UAE Dirham AED hovers at 76.1 whereas the Saudi Riyal saw slight increase, with new rates at 74.25.

Today’s currency exchange rates in Pakistan - 28 Feb 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 282 282.25
Euro EUR 303.1 306.1
UK Pound Sterling GBP 351.6 355.1
U.A.E Dirham AED 76.1 76.8
Saudi Riyal SAR 74.25 75.05
Australian Dollar AUD 181.1 183.1
Bahrain Dinar BHD 742.91 750.91
Canadian Dollar CAD 207.1 209.1
China Yuan CNY 38.87 39.27
Danish Krone DKK 40.61 41
Hong Kong Dollar HKD 35.75 36.1
Indian Rupee INR 3.37 3.48
Japanese Yen JPY 2.10 2.18
Kuwaiti Dinar KWD 905.46 914.46
Malaysian Ringgit MYR 58.5 59.1
New Zealand Dollar NZD 173.05 175.05
Norwegians Krone NOK 26.41 26.71
Omani Riyal OMR 725.54 733.54
Qatari Riyal QAR 76.74 77.44
Singapore Dollar SGD 207.15 209.15
Swedish Korona SEK 27.04 27.34
Swiss Franc CHF 317 319.5
Thai Bhat THB 7.76 7.91

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