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CPEC – All set to launch Orange Line Metro Train next week

08:00 PM | 22 Oct, 2020
CPEC – All set to launch Orange Line Metro Train next week

LAHORE – The Orange Line Metro Train (OLMT) -a landmark project under China-Pakistan Economic Corridor (CPEC), in the provincial metropolis would start operations from Oct 26, ensuring state-of-the-art commuting facility for the citizens.

In this connection, all arrangements have been finalised by the Punjab Mass transit Authority (PMA) to launch the project.

Provincial Transport Minister Jehanzeb Khan Khichi Thursday said the inaugural ceremony of the OLMT would be held on Oct 26 where the Chief Minister Sardar Usman Buzdar would be the chief guest.

He said a subsidy of Rs 5.5 billion would be given on the project annually to facilitate approximately 245,000 passengers daily.

The minister said that public transport on the OLMT route should be closed; however, the government would take a decision in this regard later after the launch of the OLMT.

General Manager Operations Muhammad Ozair Shah told this scribe that the train would be operated jointly by the two Chinese and Pakistani Daewoo Company. The OLMT per passenger fare had been fixed at Rs 40 to accommodate maximum number of people availing this facility.

In total, he said the track was 27.1 kilometres long, out of which 25.4 kilometers was elevated while the remaining 1.72 kilometres was underground. Twenty-six stations of the OLMT would serve people.

Covering the distance from Ali Town to Dera Gujran in 45 minutes, it will pass through city areas and will be country's first mass rapid transit train system, connecting Raiwind, Multan Road, McLeod Road, Lahore Junction Railway Station and the Grand Trunk Road, he added.

Associated Press of Pakistan Corporation (APPC) - Pakistan's Premier News Agency

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Rupee exchange rate to US Dollar, Euro, Pound, Dirham, and Riyal - 18 April 2024

Pakistani currency continues to gain against US Dollar and other currencies on April 18, 2024. US dollar was being quoted at 277.2 for buying and 280.3 for selling.

Euro comes down to 293 for buying and 296 for selling while British Pound stands at 342.25 for buying, and 345.65 for selling.

UAE Dirham AED was at 75.25 and Saudi Riyal's new rates was at 73.30. 

Today’s currency exchange rates in Pakistan - 18 April 2024

Currency Symbol Buying Selling
US Dollar USD 277.2 280.3
Euro EUR 293 296
UK Pound Sterling GBP 342.25  345.65 
U.A.E Dirham AED 75.25  75.95
Saudi Riyal SAR 73.3 74.05
Australian Dollar AUD 181 182.8
Bahrain Dinar BHD 739.63 747.63
Canadian Dollar CAD 201 203
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 3.32 3.43
Japanese Yen JPY 1.86 1.94
Kuwaiti Dinar KWD 902.26 912.91
Malaysian Ringgit MYR 58.24 59.52
New Zealand Dollar NZD 164.75 169.63
Norwegians Krone NOK 25.42 25.68
Omani Riyal OMR 722.1 730.1
Qatari Riyal QAR 76.37 77.05
Singapore Dollar SGD 206 208
Swedish Korona SEK 25.72 26.02
Swiss Franc CHF 307.11 309.61
Thai Bhat THB 7.56 7.76

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