KARACHI – Foreign Minister Bilawal Bhutto Zardari on Monday inaugurated the People’s Bus Service in a bid to improve transport system in country’s largest city.
Sindh Chief Minister Syed Murad Ali Shah, Transport Minister Sharjeel Memon and other leaders of ruling Pakistan Peoples Party were present on the occasion.
The foreign minister also travelled in the bus to inspect the facilities being provided in the newly-launched buses.
چیئرمین بلاول بھٹو زرداری کا شارع فیصل پر بس میں سفر، مسافروں کو دی جانے والی سہولیات کا جائزہ لیا— PPP (@MediaCellPPP) June 27, 2022
The bus service is also going to be launched in PPP stronghold Larkana. The new transport service will operate on 7 routes of Karachi and 1 route in Larkana.
In the first phase, the buses will start their operations on the route No 1 – Model Colony to Merewether Tower via Sharea Faisal and II Chundrigar Road.
Around 240 buses will be acquired in different phases to serve all the designated routes in the port city and Larkana. It will be made fully functional by August 14.
The minimum and maximum passenger fares of air-conditioned bus service have been fixed at Rs25 and Rs55 respectively.
Pakistani rupee remains largely stable against the US dollar, and other currencies in the open market on Saturday.
On Saturday, the US dollar was being quoted at 283.4 for buying and 285.95 for selling.
Euro comes down to 307 for buying and 310 for selling. British Pound rate remains unchanged at 358.5 for buying, and 362 for selling.
UAE Dirham AED witnessed slight drop and new rate stands at 77.2 whereas the Saudi Riyal remained stable at 76.
Source: Forex Association of Pakistan. (last update 09:00 AM)
|UK Pound Sterling||GBP||358.5||362|
|Hong Kong Dollar||HKD||36.37||36.72|
|New Zealand Dollar||NZD||175.33||177.33|
Gold prices witnessed negative trend in local markets in line with the trend in the international market.
On Saturday, the price of a single tola of 24-karat gold stands at Rs217,600, and 10 grams of 24k gold costs Rs186,560.
Single tola of 22 Karat Gold price costs Rs199,465, 21 karat rate per tola costs Rs190, 400 and 18k gold rate is Rs163,200.00 for each tola.
In the global market, gold prices hovers around $2,004 per ounce, after drop of $23.35 on Saturday.
|Lahore||PKR 217,600||PKR 2,530|
|Karachi||PKR 217,600||PKR 2,530|
|Islamabad||PKR 217,600||PKR 2,530|
|Peshawar||PKR 217,600||PKR 2,530|
|Quetta||PKR 217,600||PKR 2,530|
|Sialkot||PKR 217,600||PKR 2,530|
|Attock||PKR 217,600||PKR 2,530|
|Gujranwala||PKR 217,600||PKR 2,530|
|Jehlum||PKR 217,600||PKR 2,530|
|Multan||PKR 217,600||PKR 2,530|
|Bahawalpur||PKR 217,600||PKR 2,530|
|Gujrat||PKR 217,600||PKR 2,530|
|Nawabshah||PKR 217,600||PKR 2,530|
|Chakwal||PKR 217,600||PKR 2,530|
|Hyderabad||PKR 217,600||PKR 2,530|
|Nowshehra||PKR 217,600||PKR 2,530|
|Sargodha||PKR 217,600||PKR 2,530|
|Faisalabad||PKR 217,600||PKR 2,530|
|Mirpur||PKR 217,600||PKR 2,530|