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Astore Markhor hunting permit auctioned for record Rs37 million

03:23 PM | 29 Oct, 2022
Astore Markhor hunting permit auctioned for record Rs37 million
Source: social media

LAHORE – The wildlife department in the country’s northernmost territory has auctioned hunting permits for Astore Markhors at record prices under the trophy scheme.

Reports in local media said authorities have auctioned off a permit for trophy hunting of markhor, a wild goat that is native to high-altitude monsoon forests in central Asia, for more than Rs37 million (3 crores and 71 lacs in local currency).

Hunting permits are issued annually for various areas, including Gilgit-Baltistan, Tooshi Conservancy in Chitral District, Gehrait Conservancy in Chitral District and Kaigah Conservancy in Kohistan District.

This year, the highest bid received for the associated species of Astore markhor was $167,525.

The concept of trophy hunting has produced positive results as the markhor population has increased from 1,500-2,000 in 2001 to 3,500-4,000 in 2021.

Under the trophy hunting programme, local communities receive 80% of the licence fee and the government keeps the rest. The amount varies as licences are issued through a bidding process.

Under the trophy hunting programme, only old and male markhors are shot. Such animals can be identified from their horns, gait and body structure. This programme is now cited as a huge success in biodiversity preservation in Pakistan.

The incentives created through the trophy hunting programme have introduced new ethical standards among the concerned communities that now protect their wild game species as an economic asset.

Markhor, the national animal of Pakistan, is protected by local and international laws such as the Convention on International Trade in Endangered Species (Cites).

Daily Pakistan Global Web Desk

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Today Open Market Currency Rates in Pakistan - Rupee to US Dollar, Euro, Pound, Riyal - 25 May 2024

      
Pakistani currency rates against US Dollar and other currencies on May 25, 2024 (Saturday) in open market.

USD to PKR rate today

US dollar was being quoted at 277.15 for buying and 280.15 for selling.

Euro moved down to 297 for buying and 300 for selling while British Pound rate is 349.5 for buying, and 353 for selling.

UAE Dirham AED was at 75.15 and Saudi Riyal came down to 73.35.

Today’s currency exchange rates in Pakistan - 25 May 2024

Source: Forex Association of Pakistan. (last update 08:00 AM)
Currency Symbol Buying Selling
US Dollar USD 277.15 280.15
Euro EUR 297 300
UK Pound Sterling GBP 349.5 353
U.A.E Dirham AED 75.15 75.85
Saudi Riyal SAR 73.35 74.1
Australian Dollar AUD 183 184.8
Bahrain Dinar BHD 740.75 748.75
Canadian Dollar CAD 203 205
China Yuan CNY 38.47 38.87
Danish Krone DKK 40.52 40.92
Hong Kong Dollar HKD 35.68 36.03
Indian Rupee INR 3.35 3.46
Japanese Yen JPY 1.91 1.99
Kuwaiti Dinar KWD 907.57 916.57
Malaysian Ringgit MYR 59.39 59.99
New Zealand Dollar NZD 170.03 172.03
Norwegian Krone NOK 25.92 26.22
Omani Riyal OMR 723.64 731.64
Qatari Riyal QAR 76.42 77.12
Singapore Dollar SGD 203 205
Swedish Korona SEK 26.02 26.32
Swiss Franc CHF 304.75 307.25
Thai Bhat THB 7.67 7.82

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