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Lahore shopkeeper pays the price for his generosity

Lahore shopkeeper arrested for selling veggies at prices below official rates

02:25 PM | 28 Jun, 2021
Lahore shopkeeper pays the price for his generosity

LAHORE – Police have arrested a shopkeeper in the Punjab capital for selling vegetables at lower rates compared to the rates set by the local government.

The incident took place in Raiwind police precincts on Sunday when Price Control Magistrate Kashif Bashir ordered action against the vegetable seller and left people fuming at this development.

Police officials not only arrested shopkeeper Waqas Mohammad but also registered a case against him under the Price Control Act 1977 and Food Stuff Act 1958.

As the news surfaced on social media, Lahore Deputy Commissioner Muddassir Nazir sprang into action and stripped the magistrate of his powers. The DC has also sought a reply from the official over his unintelligible move.

Meanwhile, PM’s aide Shahbaz Gill, in a tweet, called the incident 'absurd'.

Daily Pakistan Global Web Desk

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Rupee exchange rate to US Dollar, Euro, Pound, Dirham, and Riyal - 2 March 2024

Pakistani rupee remains largely stable against USD and other currencies in the open market on March 2, 2024 (Saturday).

US Dollar rate in Pakistan

In the open market, the US dollar was being quoted at 279.4 for buying and 282.3 for selling.

Euro currently stands at 302.5 for buying and 305.5 for selling while British Pound rate stands at 354 for buying, and 359 for selling.

UAE Dirham AED hovers at 76.3 whereas the Saudi Riyal saw slight increase, with new rates at 74.5.

Today’s currency exchange rates in Pakistan – March 2, 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 279.4 282.3
Euro EUR 302.5 305.5
UK Pound Sterling GBP 354 359
U.A.E Dirham AED 76.3 77
Saudi Riyal SAR 74.5 75.3
Australian Dollar AUD 181 183
Bahrain Dinar BHD 737.97 745.97
Canadian Dollar CAD 207 209.2
China Yuan CNY 38.82 39.22
Danish Krone DKK 40.23 40.63
Hong Kong Dollar HKD 35.7 36.05
Indian Rupee INR 3.37 3.48
Japanese Yen JPY 2.1 2.18
Kuwaiti Dinar KWD 901.62 910.62
Malaysian Ringgit MYR 58.49 59.09
New Zealand Dollar NZD 168.97 170.97
Norwegians Krone NOK 26.54 26.84
Omani Riyal OMR 725.68 733.68
Qatari Riyal QAR 76.74 77.44
Singapore Dollar SGD 27.13 27.43
Swedish Korona SEK 314.07 316.57
Swiss Franc CHF 314.07 316.57
Thai Bhat THB 7.74 7.89

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