Pakistan reports more deaths in stampede at free ration distribution amid record high inflation

05:15 PM | 1 Apr, 2023
Pakistan reports more deaths in stampede at free ration distribution amid record high inflation
Source: Twitter

ISLAMABAD – Pakistan has recorded 16 deaths in stampedes occurred at different points since the government has started free distribution of flour bags as consumer price inflation has surged to all-time high level.

The Pakistan Bureau of Statistics, in its report, said: “CPI inflation General, increased to 35.4% on year-on-year basis in Mar 2023 as compared to an increase of 31.5% in the previous month and 12.7% in Mar 2022”.

On month-on-month basis, it increased to 3.7% in March 2023 as compared to an increase of 4.3% in the previous month and an increase of 0.8% in March 2022, it said, adding that prices of food, beverages and transport surged by up to 50 per cent.

It is highest even inflation on year-on-year basis recorded by the bureau since it started maintain the record of monthly inflation in the 1970s.

Annual food inflation in March was recorded as 47.1 percent and 50.2 percent for urban and rural areas respectively, according to the PBS. Core inflation, which is based on food and energy prices, stood at 18.6 percent in urban areas and 23.1 percent in rural areas.

In order to provide relief to masses, the government has set up flour distribution points across the country. Thousands of people throng to these centres to get flour bags.

At least 16 people, including five women and three children, have lost their lives in stampedes at such points in recent days while thousands of bags have been looted from trucks.

The South Asian country is reeling from an economic crisis with disturbed balance of payments and shrinking forex reserves. It has taken several measures, which caused inflation in the country, to revive the still pending IMF load programme. 


Today's currency exchange rates in Pakistan - Dollar, Euro, Pound, Riyal rates on June 6, 2023

KARACHI - Following are the foreign currency exchange rates for US Dollar, Saudi Riyal, UK Pound Sterling, U.A.E. Dirham, European Euro, and other foreign currencies in Pakistan open market on June 06, 2023 (Tuesday).

Source: Forex Association of Pakistan. (last update 09:00 AM)

Currency Symbol Buying Selling
US Dollar ‎USD 304.9 308.15
Euro EUR 322 325
UK Pound Sterling GBP 377 381
U.A.E Dirham AED 83.5 84.5
Saudi Riyal SAR 80.5 81.5
Australian Dollar AUD 202 204
Bahrain Dinar BHD 758.82 766.80
Canadian Dollar CAD 226 230
China Yuan CNY 40.28 40.68
Danish Krone DKK 41.03 41.43
Hong Kong Dollar HKD 36.4 36.75
Indian Rupee INR 3.46 3.57
Japanese Yen JPY 2 2.08
Kuwaiti Dinar KWD 925.2 934.2
Malaysian Ringgit MYR 61.94 62.54
New Zealand Dollar NZD 173.16 175.16
Norwegians Krone NOK 25.88 26.18
Omani Riyal OMR 742.38 750.38
Qatari Riyal ‎QAR 78.38 79.08
Singapore Dollar SGD 220 222
Swedish Korona SEK 26.36 26.66
Swiss Franc CHF 313.87 316.37
Thai Bhat THB 8.21 8.36

Today's gold rates in Pakistan | gold price in Pakistan – June 7, 2023

Gold Rate Today:

KARACHI – The price of a single tola of 24-karat gold in Pakistan is Rs 228,900 on Wednesday. The price of 10 grams of 24k gold was recorded at Rs197,190.   

Likewise, 10 grams of 22k gold were being traded for Rs180,756 while a single tola of 22-karat gold was being sold at Rs 210,832.

Note: The gold rate in Pakistan is fluctuating according to the international market so the price is never been fixed. The below rates are provided by local gold markets and Sarafa Markets of different cities.

Gold Price in Pakistan: Lahore, Karachi, Islamabad

City Gold Silver
Lahore PKR 228,900 PKR 2125
Karachi PKR 228,900 PKR 2125
Islamabad PKR 228,900 PKR 2125
Peshawar PKR 228,900 PKR 2125
Quetta PKR 228,900 PKR 2125
Sialkot PKR 228,900 PKR 2125
Attock PKR 228,900 PKR 2125
Gujranwala PKR 228,900 PKR 2125
Jehlum PKR 228,900 PKR 2125
Multan PKR 228,900 PKR 2125
Bahawalpur PKR 228,900 PKR 2125
Gujrat PKR 228,900 PKR 2125
Nawabshah PKR 228,900 PKR 2125
Chakwal PKR 228,900 PKR 2125
Hyderabad PKR 228,900 PKR 2125
Nowshehra PKR 228,900 PKR 2125
Sargodha PKR 228,900 PKR 2125
Faisalabad PKR 228,900 PKR 2125
Mirpur PKR 228,900 PKR 2125

Daily Pakistan diligently monitors and updates the current gold rates in Pakistan on a daily basis


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