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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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Rupee exchange rate to US Dollar, Euro, Pound, Dirham, and Riyal - 18 April 2024

Pakistani currency continues to gain against US Dollar and other currencies on April 18, 2024. US dollar was being quoted at 277.2 for buying and 280.3 for selling.

Euro comes down to 293 for buying and 296 for selling while British Pound stands at 342.25 for buying, and 345.65 for selling.

UAE Dirham AED was at 75.25 and Saudi Riyal's new rates was at 73.30. 

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

Currency Symbol Buying Selling
US Dollar USD 277.2 280.3
Euro EUR 293 296
UK Pound Sterling GBP 342.25  345.65 
U.A.E Dirham AED 75.25  75.95
Saudi Riyal SAR 73.3 74.05
Australian Dollar AUD 181 182.8
Bahrain Dinar BHD 739.63 747.63
Canadian Dollar CAD 201 203
China Yuan CNY 38.45 38.85
Danish Krone DKK 40.45 40.85
Hong Kong Dollar HKD 35.57 35.92
Indian Rupee INR 3.32 3.43
Japanese Yen JPY 1.86 1.94
Kuwaiti Dinar KWD 902.26 912.91
Malaysian Ringgit MYR 58.24 59.52
New Zealand Dollar NZD 164.75 169.63
Norwegians Krone NOK 25.42 25.68
Omani Riyal OMR 722.1 730.1
Qatari Riyal QAR 76.37 77.05
Singapore Dollar SGD 206 208
Swedish Korona SEK 25.72 26.02
Swiss Franc CHF 307.11 309.61
Thai Bhat THB 7.56 7.76

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