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Decision to decrease naan, roti prices in Islamabad suspended

03:02 PM | 25 Apr, 2024
Decision to decrease naan, roti prices in Islamabad suspended
Source: File Photo

ISLAMABAD – The Islamabad High Court (IHC) on Thursday suspended a decision of the Islamabad administration’s decision to slash the prices of naan and roti in the federal capital.

IHC Justice Tariq Mehmood Jahangiri issued the order on a petition filed by the Naanbai association against the notification. The court admitted the plea for hearing.

 On April 15, authorities in the capital city has also announced a decrease in prices of “Tandoori naan and roti” to provide relief to masses. 

The notification stated the price of Tandori roti (100 grams) has been fixed at Rs16 while the naan (120 grams) will be sold for Rs20 with immediate effect. 

A day earlier, the Naanbai association moved the high court after it failed to reach an agreement with the city administration.

Barrister Umer Ijaz Gilani appeared on behalf of the petitioner while representatives of the district administration were present as the Islamabad deputy commissioner skipped the hearing.

At one point, Justice Jahangiri asked a government official: “Have you asked the Tandoor owners about cost of the flour or you just issued the notification to appease the public”.

Later, the judge suspended the city administration’s notification and adjourned the hearing till May 6.

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Pakistani rupee exchange rate to US dollar, Euro, Pound, Dirham, and Riyal - 18 May 2024 Forex Rates

Pakistani currency rates against US Dollar and other currencies on May 18, 2024 (Saturday) in open market.

USD to PKR rate today

US dollar was being quoted at 277.4 for buying and 280.35 for selling.

Euro stands at 297 for buying and 299.5 for selling while British Pound rate is 348.5 for buying, and 352 for selling.

UAE Dirham AED was at 75.25 and Saudi Riyal came down to 73.50.

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

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 277.4 280.35
Euro EUR 297 299.5
UK Pound Sterling GBP 348.5 352
U.A.E Dirham AED 75.25 76
Saudi Riyal SAR 73.5 74.25
Australian Dollar AUD 181 183
Bahrain Dinar BHD 747.77 755.77
Canadian Dollar CAD 203 205
China Yuan CNY 38.49 38.89
Danish Krone DKK 40.25 40.65
Hong Kong Dollar HKD 35.96 36.31
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.91 1.99
Kuwaiti Dinar KWD 913.28 922.28
Malaysian Ringgit MYR 58.69 59.29
New Zealand Dollar NZD 169.45 171.45
Norwegians Krone NOK 25.67 25.97
Omani Riyal OMR 730.59 738.59
Qatari Riyal QAR 76.41 77.11
Singapore Dollar SGD 203 205
Swedish Korona SEK 25.67 25.97
Swiss Franc CHF 309.01 311.51
Thai Bhat THB 7.57 7.72

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