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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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Pakistani rupee exchange rate to US Dollar, Euro, Pound, Dirham, and Riyal - 4 March 2024

Pakistani rupee remains stable against US dollar in the open market on March 4, 2024 (Monday).

US Dollar rate in Pakistan

In the open market, the US dollar was being quoted at 279.3 for buying and 282.45 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 - 4 March 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 279.3 282.45
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 207 209
Swedish Korona SEK 27.13 27.43
Swiss Franc CHF 314.07 316.57
Thai Bhat THB 7.74 7.89

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