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At least 10 dead in stampede at free ration distribution point in Karachi

06:17 PM | 31 Mar, 2023
At least 10 dead in stampede at free ration distribution point in Karachi
Source: File Photo

KARACHI – At least ten people, including women and children, were killed in a stampede at a free ration distribution point in the Site area of the southern port city of Karachi on Friday. 

In the holy month of Ramadan, affluent people used to distribute food packages among poor segment of society. This year, the inflation has surged to historic high level badly affecting the low and middle-class income groups. The devaluation of rupee coincided with no increase in salaries have shrunk their buying capacity.

SP Mughees Hashmi told media that ration was being distributed at a factory where a huge number of people had gathered, adding that the point had been setup without informing the relevant police station.

He said stampede occurred due to lack of management, adding that a boundary wall of a nullah located near the site was also collapsed. He said an investigation into the matter has been launched while seven people have been arrested.

The bodies and injured people have been shifted to the Abbasi Shaheed Hospital where some of the injured have been declared critical. 

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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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