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PM Shehbaz inaugurates Gwadar Eastbay Expressway
ISLAMABAD – Prime Minister Shehbaz Sharif says his government is committed for the progress and prosperity of southwestern Balochistan.
Addressing the inauguration ceremony of Gwadar Eastbay Expressway and groundbreaking of seven other development projects in Gwadar on Friday, the premier emphasized the need to work on war-footings for the development of the city terming it vital for the bright future of the country.
A component of the China Pakistan Economic Corridor, the 6-lane Eastbay Expressway would connect the Gwadar Port with Karachi through the Makran Coastal Highway.
He further said that the coalition government has announced a relief package of two thousand rupees per month each family under Benazir Income Support Program to mitigate the impact of the recent oil price hike.
Furthermore, solar panels are being provided to 3200 families in Gwardar with the cooperation of China to meet energy needs and address the problem of power shortage in the city.
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Pakistani rupee exchange rate to US dollar, Euro, Pound, Dirham, and Riyal - 4 Dec 2023
Pakistani rupee's value remained stable against US dollar, Euro, Pound, Dirham, Riyal and other currencies in the open market.
Dollar Rate in Pakistan Today
On Monday, the US dollar was being quoted at 285.15 for buying and 287.95 for selling.
Euro rate stands at 309.9 for buying and 310.5 for selling. British Pound GBP rate stands at 359.4 for buying, and 360.05 for selling.
UAE Dirham AED currently hovers around 77.45 while rate of Saudi Riyal stands at 75.82.
Today’s currency exchange rates in Pakistan – 4 December 2023
| Currency | Symbol | Buying | Selling |
|---|---|---|---|
| US Dollar | USD | 285.15 | 287.95 |
| Euro | EUR | 309.9 | 310.5 |
| UK Pound Sterling | GBP | 359.4 | 360.05 |
| U.A.E Dirham | AED | 77.45 | 77.6 |
| Saudi Riyal | SAR | 75.82 | 75.97 |
| Australian Dollar | AUD | 187.72 | 188.22 |
| Bahrain Dinar | BHD | 759.94 | 767.94 |
| Canadian Dollar | CAD | 209.99 | 210.49 |
| China Yuan | CNY | 39.78 | 39.88 |
| Danish Krone | DKK | 41.95 | 42.05 |
| Hong Kong Dollar | HKD | 36.38 | 36.48 |
| Indian Rupee | INR | 3.39 | 3.5 |
| Japanese Yen | JPY | 1.49 | 1.56 |
| Kuwaiti Dinar | KWD | 926.39 | 935.39 |
| Malaysian Ringgit | MYR | 60.38 | 60.98 |
| New Zealand Dollar | NZD | 173.44 | 175.44 |
| Norwegians Krone | NOK | 26.25 | 26.55 |
| Omani Riyal | OMR | 742.16 | 750.18 |
| Qatari Riyal | QAR | 78.5 | 79.2 |
| Singapore Dollar | SGD | 212.45 | 212.95 |
| Swedish Korona | SEK | 27.09 | 27.19 |
| Swiss Franc | CHF | 325.38 | 325.88 |
| Thai Bhat | THB | 8.05 | 8.09 |
Gold prices in Pakistan move down despite positive global cues
The gold remained under pressure as the precious metal moved down despite an upward trend in the international market.
Gold Rates in Pakistan Today - 4 December 2023
On the first day of the week, the price of a single tola of 24-karat gold stands at Rs217,000 and 10 grams of 24k gold costs Rs186,043
A single tola of 22-karat gold costs Rs170,539, while 21 karat rate for each tola is Rs. 192,325 and the price of 18k gold is Rs164,850.
In the global market, gold prices hover at around $2086, gaining $14.44 on Monday.
Today Gold Rate in Pakistan
| City | Gold | Silver |
| Lahore | PKR 217,000 | PKR 2,720 |
| Karachi | PKR 217,000 | PKR 2,720 |
| Islamabad | PKR 217,000 | PKR 2,720 |
| Peshawar | PKR 217,000 | PKR 2,720 |
| Quetta | PKR 217,000 | PKR 2,720 |
| Sialkot | PKR 217,000 | PKR 2,720 |
| Attock | PKR 217,000 | PKR 2,720 |
| Gujranwala | PKR 217,000 | PKR 2,720 |
| Jehlum | PKR 217,000 | PKR 2,720 |
| Multan | PKR 217,000 | PKR 2,720 |
| Bahawalpur | PKR 217,000 | PKR 2,720 |
| Gujrat | PKR 217,000 | PKR 2,720 |
| Nawabshah | PKR 217,000 | PKR 2,720 |
| Chakwal | PKR 217,000 | PKR 2,720 |
| Hyderabad | PKR 217,000 | PKR 2,720 |
| Nowshehra | PKR 217,000 | PKR 2,720 |
| Sargodha | PKR 217,000 | PKR 2,720 |
| Faisalabad | PKR 217,000 | PKR 2,720 |
| Mirpur | PKR 217,000 | PKR 2,720 |
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