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Pakistan to sell six Interceptor Vehicles to Bahrain

12:39 AM | 30 May, 2018
Pakistan to sell six Interceptor Vehicles to Bahrain
TAXILA - The defence production sector of Pakistan has signed a deal to export locally manufactured light armoured vehicles called ‘Interceptor’ to Bahrain.

Heavy Industries Taxila (HIT) — a defence industrial complex which manufactures and rebuilds tanks and armoured personnel carriers for the military — will be making six Interceptors for the Bahrain National Guards.



Sources said a Memorandum of Understanding (MoU) was signed between HIT’s chief Lt Gen Muhammad Naeem Ashraf and Lt Gen Mohammed Bin Isa Al Khalifa, the brother of Bahrain’s King Hamad Bin Isa Al Khalifa. They said the vehicles were built for the civil armed forces to control limited violence and internal security.

Subject to successful completion of this pilot contract, it is likely that a series contract of minimum 50 more vehicles would be further awarded.

Pakistan is manufacturing and selling weapons to over 40 countries, bringing in the substantial amount of foreign exchange annually and aims to rid itself of foreign dependence in the defense industry.

Last year, Army Chief Gen. Bajwa inaugurated a workshop for rebuilding the Ukrainian T-80UD tanks.

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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Currency Rates in Pakistan Today - Pak Rupee to US Dollar Open Market rates 12 May 2024

Pakistani rupee rates against US Dollar and other currencies on May 12, 2024 (Sunday) in open market.

USD to PKR rate today

US dollar was being quoted at 277.2 for buying and 279.7 for selling.

Euro stands at 296 for buying and 298.7 for selling while British Pound rate is 344 for buying, and 347.5 for selling.

UAE Dirham AED was at 75.1 and Saudi Riyal came down to 73.40.

Today’s currency exchange rates in Pakistan - 12 May 2024

Currency Symbol Buying Selling
US Dollar USD 277.2 279.7 
Euro EUR 296 298.7
UK Pound Sterling GBP 344 347.5
U.A.E Dirham AED 75.1 75.5
Saudi Riyal SAR 73.40 74.10
Australian Dollar AUD 180.5 182.5
Bahrain Dinar BHD 739.61 747.61
Canadian Dollar CAD 203 205
China Yuan CNY 38.43 38.83
Danish Krone DKK 40.16 40.56
Hong Kong Dollar HKD 35.6 35.95
Indian Rupee INR 3.34 3.45
Japanese Yen JPY 1.91 1.99
Kuwaiti Dinar KWD 904.67 913.67
Malaysian Ringgit MYR 58.71 59.31
New Zealand Dollar NZD 166.93 168.93
Norwegians Krone NOK 25.69 25.99
Omani Riyal OMR 722.52 730.52
Qatari Riyal QAR 76.44 77.14
Singapore Dollar SGD 204 206
Swedish Korona SEK 25.79 26.09
Swiss Franc CHF 306.4 308.9
Thai Bhat THB 7.56 7.71

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