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Flour price reaches record high at Rs2500 per 20-kg bag in Karachi

01:11 PM | 25 Dec, 2022
Flour price reaches record high at Rs2500 per 20-kg bag in Karachi
Source: File Photo

KARACHI – Millions hit hard in the country’s financial capital Karachi as the price of flour jumped by Rs20 per kg, which will put more pressure on the cost of living amid record inflation.

Reports in local media quoting data from the Pakistan Bureau of Statistics claimed that flour prices in the port city of Karachi have scaled a new high of Rs2500 per 20-kilogram bag, with an increase of Rs100.

With the soaring price of an essential commodity, 1kg of flour now costs Rs125, almost 100 percent more than the price in Punjab and the federal capital.

It was reported that several other metropolises including Hyderabad and Quetta have also witnessed an increase of Rs100 in the price of a 20kg bag of flour and flour bag is being sold for over Rs2,400.

Several other cities including Peshawar also saw flour prices soaring by Rs40. On the other hand, price of a 20kg bag of flour in Punjab is being sold at nearly Rs1,300.

The record increase in food prices especially basic commodities has increased the plights of salary-classed people in the cash-strapped country while the incumbent government is also facing pressure from international lenders to raise prices to avert debt default.  

Daily Pakistan Global Web Desk

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Pakistani rupee exchange rate to US dollar, Euro, Pound, Dirham, and Riyal - 26 Feb 2024

Pakistani currency remains stable against US dollar in the open market on February 26, 2024 (Monday).

US Dollar rate in Pakistan

In the open market, the US dollar was being quoted at 279.5 for buying and 282.55 for selling.

Euro currently stands at 302 for buying and 305 for selling while British Pound rate stands at 352.5 for buying, and 356 for selling.

UAE Dirham AED hovers at 76.1 whereas the Saudi Riyal saw slight increase, with new rates at 74.35.

Today’s currency exchange rates in Pakistan - 26 Feb 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 279.5 282.55
Euro EUR 302 305
UK Pound Sterling GBP 352.5 356
U.A.E Dirham AED 76.1 76.8
Saudi Riyal SAR 74.35 75.1
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 58.6 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 77.46
Singapore Dollar SGD 207 209
Swedish Korona SEK 26.53 26.83
Swiss Franc CHF 317.87 320.37
Thai Bhat THB 7.79 7.94

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