LAHORE – Punjab Chief Minister Sardar Usman Buzdar has ordered a strict crackdown on hoarders and profiteering and directed to show no leniency to anyone found involved in the crime during the holy month of Ramazan.
According to media details, the chief minister also directed the concerned officials and authorities to carefully monitor process of auction in markets and to ensure provision of all items at government’s fixed prices.
Earlier, in a bid to control hoarding and profiteering in the province, Punjab government promulgated anti-hoarding ordinance which contains three-year sentence, summary trial and confiscation of the hoarded items.
Ordinance has also declared hoarding as a non-bailable crime and deputy commissioners of all districts now have the power to carryout raids without search warrants.
Special magistrate will announce verdict of hoarding case in 30 days. Appeal against the verdict of special magistrate can be filled within 30 days in session court, which is bound to announce its verdict in next 30 days.
The Punjab government has also released a list of 41 goods which cannot be hoarded according to the ordinance. The items included; tea, sugar, powered milk, milk for children, edible oil, fruit, salt, potato, onion, pulses, fish, beef, mutton, eggs, spices, vegetables, kerosene oil, match sticks, coal, wool chemical fertilizers, poultry food, cement, cotton seeds, caustic soda, pesticides, wheat flour, face masks, N95 masks, sanitizers, surface cleaners.
Pakistani currency remains unchanged against US Dollar and other currencies on April 25, 2024 Monday in open market.
US dollar was being quoted at 277.5 for buying and 280.5 for selling.
Euro comes down to 294 for buying and 297 for selling while British Pound hovers at 342.5 for buying, and 346 for selling.
UAE Dirham AED was at 75 and Saudi Riyal's new rate was at 73.30.
Currency | Symbol | Buying | Selling |
US Dollar | USD | 277.5 | 280.5 |
Euro | EUR | 294 | 297 |
UK Pound Sterling | GBP | 342.5 | 346 |
U.A.E Dirham | AED | 75 | 75.8 |
Saudi Riyal | SAR | 73.30 | 74 |
Australian Dollar | AUD | 181 | 182.8 |
Bahrain Dinar | BHD | 740.81 | 748.81 |
Canadian Dollar | CAD | 201 | 203.2 |
China Yuan | CNY | 38.45 | 38.85 |
Danish Krone | DKK | 39.93 | 40.33 |
Hong Kong Dollar | HKD | 35.55 | 35.9 |
Indian Rupee | INR | 3.34 | 3.45 |
Japanese Yen | JPY | 1.86 | 1.94 |
Kuwaiti Dinar | KWD | 903.61 | 912.61 |
Malaysian Ringgit | MYR | 58.28 | 58.88 |
New Zealand Dollar | NZD | 164.22 | 166.22 |
Norwegians Krone | NOK | 25.46 | 25.76 |
Omani Riyal | OMR | 723.48 | 731.48 |
Qatari Riyal | QAR | 76.52 | 77.22 |
Singapore Dollar | SGD | 204.5 | 206.5 |
Swedish Korona | SEK | 25.72 | 26.02 |
Swiss Franc | CHF | 305.43 | 307.93 |
Thai Bhat | THB | 7.51 | 7.66 |
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