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Pakistan Navy to acquire two modern warships from China

10:25 PM | 1 Jun, 2018
Pakistan Navy to acquire two modern warships from China
RAWALPINDI - Contract for the acquisition of two warships for Pakistan Navy was signed with M/s China Shipbuilding Trading Company Ltd (CSTC), at Ministry of Defence Production, Rawalpindi.

Deputy Chief of Naval Staff (Operations), Rear Admiral Faisal Rasul Lodhi was also present on the occasion.

With the conclusion of this contract, Pakistan Navy will now have a total of four Type-054 A ships in its Fleet by 2021. The induction of these Ships will substantially enhance Pakistan Navy’s war-fighting capabilities while effectively contributing towards Maritime Security Operations in the region.

Type-054 A is an extremely potent and state of the art warship equipped with latest weapons including long-range missiles and Hi-tech sensors, capable to undertake operations in all domains of naval warfare.

The acquisition of these modern ships is certainly a value addition in Pakistan Navy which is an ardent defender of National Maritime Interests of Pakistan.

The ceremony was attended by high ranking officials and dignitaries from China, Pakistan Navy and government authorities.

The writer is a staff member. He has been affiliated with Pakistan's leading English newspapers and worked as News Producer at FM 107.4. Death (as...he believes...life is a station, and death is a longest journey from seen to unseen world), Rain, and winter's Full Moon 'Jarray ki Chandani' always fascinate him too much.

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Pakistani rupee exchange rate to US dollar, Euro, Pound, Dirham, and Riyal - 18 May 2024 Forex Rates

Pakistani currency rates against US Dollar and other currencies on May 18, 2024 (Saturday) in open market.

USD to PKR rate today

US dollar was being quoted at 277.4 for buying and 280.35 for selling.

Euro stands at 297 for buying and 299.5 for selling while British Pound rate is 348.5 for buying, and 352 for selling.

UAE Dirham AED was at 75.25 and Saudi Riyal came down to 73.50.

Today’s currency exchange rates in Pakistan - 18 May 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 277.4 280.35
Euro EUR 297 299.5
UK Pound Sterling GBP 348.5 352
U.A.E Dirham AED 75.25 76
Saudi Riyal SAR 73.5 74.25
Australian Dollar AUD 181 183
Bahrain Dinar BHD 747.77 755.77
Canadian Dollar CAD 203 205
China Yuan CNY 38.49 38.89
Danish Krone DKK 40.25 40.65
Hong Kong Dollar HKD 35.96 36.31
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.91 1.99
Kuwaiti Dinar KWD 913.28 922.28
Malaysian Ringgit MYR 58.69 59.29
New Zealand Dollar NZD 169.45 171.45
Norwegians Krone NOK 25.67 25.97
Omani Riyal OMR 730.59 738.59
Qatari Riyal QAR 76.41 77.11
Singapore Dollar SGD 203 205
Swedish Korona SEK 25.67 25.97
Swiss Franc CHF 309.01 311.51
Thai Bhat THB 7.57 7.72

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