Search

x
Join our whatsapp channel for News Updates

Karachi markets, shopping malls to close down by 8:30pm under new energy saving plan

01:42 PM | 25 Feb, 2023
Karachi markets, shopping malls to close down by 8:30pm under new energy saving plan
Source: File Photo

KARACHI – Commissioner Karachi has ordered all malls and markets in the country’s financial capital to close by 8:30 pm under the federal government’s energy conservation plan in crisis-hit Pakistan.

Sharif-led government made stringent measures as the country of over 220 million is facing an acute energy shortage while the demand for electricity has swelled, especially in summer.

In a recent development, Commissioner Karachi has issued new directions to all Deputy Commissioners (DCs) to ensure the closure of shopping malls and markets in the port city by 8:30 pm.

Officials also directed strict measures to close wedding halls and restaurants by 10 pm as global energy prices soared, putting further pressure on Pakistan’s dwindling finances.

The Pakistani government is negotiating with IMF over the delayed release of another $1.1bn of bailout money and lately announced multiple austerity measures, mainly aimed at his cabinet members and government officers, in order to cut the burden on the national kitty amid an ongoing economic crisis.

Daily Pakistan Global Web Desk

Advertisement

Pakistani rupee rate against US Dollar, Euro, Pound, Riyal - Check 20 April forex rates

Pakistani currency remains marginally same against US Dollar and other currencies on April 20, 2024. US dollar was being quoted at 277.5 for buying and 280.5 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 - 20 April 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 277.5 280.5
Euro EUR 293 296
UK Pound Sterling GBP 342.5 346
U.A.E Dirham AED 75.2 75.9
Saudi Riyal SAR 73.3 74.05
Australian Dollar AUD 181 182.8
Bahrain Dinar BHD 740.55 748.55
Canadian Dollar CAD 201 203
China Yuan CNY 38.47 38.87
Danish Krone DKK 39.78 40.18
Hong Kong Dollar HKD 35.53 35.88
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.86 1.94
Kuwaiti Dinar KWD 903.11 912.11
Malaysian Ringgit MYR 58.08 58.68
New Zealand Dollar NZD 164.22 166.22
Norwegians Krone NOK 25.61 25.91
Omani Riyal OMR 723.2 731.2
Qatari Riyal QAR 76.45 77.15
Singapore Dollar SGD 204.5 206.5
Swedish Korona SEK 25.31 25.61
Swiss Franc CHF 305.47 307.97
Thai Bhat THB 7.56 7.71

Advertisement

Follow us on Facebook

Follow us on Twitter

Sign up for Newsletter