The July annual rate was the highest since September 2014. Contributing to inflation this year have been higher petrol prices and four devaluations of the rupee since December, one of which was in July.
On a month-on-month basis, prices increased 0.21 percent in August. The July on-month increase was 0.94 percent.
Food items such as tomatoes, onions and potatoes, as well as gas cylinders, car prices, and bus fares, were the main reason behind July’s slight price increases month-on-month.
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 February 8, 2023 (Wednesday).
Source: Forex Association of Pakistan. (last update 09:00 AM)
|UK Pound Sterling||GBP||331.78||332.48|
|Hong Kong Dollar||HKD||35.08||35.45|
|New Zealand Dollar||NZD||174.19||176.18|
KARACHI – Gold prices fell on Wednesday for the third straight day in local markets, after hitting aan all-time high in previous week.
The per tola price of 24 carats gold in Pakistan dropped by Rs2,000 to settle at Rs198,000 while the price of 10 grams decreased by Rs1715 to reach Rs169753.
On Monday, the gold price witnessed a drop of Rs200 per tola to close at Rs204,300.
In the international market, the commodity witnessed an upward trend as per ounce price reached to $1,880 after an increase of $11 dollars.