GILGIT – All-weather friends Pakistan, and China are set to open a key border crossing Khunjerab Pass for trade activities from Monday (April 3) after hiatus of three years.
Trade and tourism-related activities remained suspended for two sides and will resume from next week as Islamabad and Beijing have completed all arrangements to reopen the iconic border point for bilateral trade and other activities under the flagship CPEC project.
The 4,693-meter-high mountain pass was earlier closed to stem Covid transmission between the two nations and only emergency aid was shipped after safety measures during the pandemic.
The years-long closure of the key crossing caused a huge financial blow to the local community as a large number of workers become jobless. As the world is moving after the Covid pandemic; Pakistani and Chinese officials decided to boost cross-border trade and business.
The picturesque border crossing is the only land port linking neighboring countries. Both sides started trade and tourism through the border from April 1 to November every year. First, ever trade activity under CPEC started via the Karakoram Highway back in late 2016.
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 May 29, 2023 (Monday).
Source: Forex Association of Pakistan. (last update 09:00 AM)
|UK Pound Sterling||GBP||381||384.5|
|Hong Kong Dollar||HKD||36.6||36.95|
|New Zealand Dollar||NZD||176.98||178.98|
KARACHI - The price of a single tola of 24-karat gold in Pakistan is Rs 235,800 on Monday. The price of 10 grams of 24k gold was recorded at Rs202,160.
Likewise, 10 grams of 22k gold were being traded for Rs163,624 while a single tola of 22-karat gold was being sold at Rs 190,880.
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.
|Lahore||PKR 235,800||PKR 2,505|
|Karachi||PKR 235,800||PKR 2,505|
|Islamabad||PKR 235,800||PKR 2,505|
|Peshawar||PKR 235,800||PKR 2,505|
|Quetta||PKR 235,800||PKR 2,505|
|Sialkot||PKR 235,800||PKR 2,505|
|Attock||PKR 235,800||PKR 2,505|
|Gujranwala||PKR 235,800||PKR 2,505|
|Jehlum||PKR 235,800||PKR 2,505|
|Multan||PKR 235,800||PKR 2,505|
|Bahawalpur||PKR 235,800||PKR 2,505|
|Gujrat||PKR 235,800||PKR 2,505|
|Nawabshah||PKR 235,800||PKR 2,505|
|Chakwal||PKR 235,800||PKR 2,505|
|Hyderabad||PKR 235,800||PKR 2,505|
|Nowshehra||PKR 235,800||PKR 2,505|
|Sargodha||PKR 235,800||PKR 2,505|
|Faisalabad||PKR 235,800||PKR 2,505|
|Mirpur||PKR 235,800||PKR 2,505|
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