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Power cuts continue to add citizens’ woes as supply still not fully restored across Pakistan

09:44 AM | 24 Jan, 2023
Power cuts continue to add citizens’ woes as supply still not fully restored across Pakistan
Source: File photo

LAHORE – Following the worst nationwide blackout on Monday, several hours of load-shedding still continued in different cities amid restoration efforts.

As government officials claimed power was fully restored across Pakistan, several metropolises including Karachi and Lahore are facing hourly outages while some rural areas were still waiting to be reconnected.

Electricity was returning gradually to most cities across South Asian country, a day after over 220 million people were plunged into darkness in wake of a fault at a power plant in the southern part of the country.

On Tuesday morning, a spokesperson for the energy ministry said the situation in the country has been restored following the massive breakdown, while it would take a few more hours for the grid to go completely back to normal while citizens still facing unannounced load shedding.

On Monday, the nationwide outage started around 7:30 am, and hours later Energy Minister Khurram Dastgir said a variation in frequency on the national grid caused the cut as officials switched off power plants to save fuel amid the worst economic crisis.

Besides the electricity, mobile phone services and internet were also down in parts of the country, which was confirmed by the country’s telecommunication regulator.

This was not the first time that the cash-strapped country faced such a blackout as a  similar breakdown occurred in January 2021.

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Pakistani rupee exchange rate against US dollar, Euro, Pound and Riyal - 23 February 2024

Pakistani rupee remains stable against US dollar and other currencies in the open market on February 23, 2024 (Friday)

US Dollar rate in Pakistan

In the open market, the US dollar was being quoted at 279.5 for buying and 282.45 for selling.

Euro comes down to 301 for buying and 304 for selling while British Pound rate stands at 351.5 for buying, and 355 for selling.

UAE Dirham AED hovers at 75.95 whereas the Saudi Riyal saw slight increase, with new rates at 74.25.

Today’s currency exchange rates in Pakistan - 23 Feb 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)

Currency Symbol Buying Selling
US Dollar ‎USD 279.5 282.45
Euro EUR 301 304
UK Pound Sterling GBP 351.5 355
U.A.E Dirham AED 75.95 76.7
Saudi Riyal SAR 74.25 75
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 58.60 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 77.43
Singapore Dollar SGD 207 209
Swedish Korona SEK 26.53 26.83
Swiss Franc CHF 317.87 320.87
Thai Bhat THB 7.79 7.94

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