Honda Atlas raises car prices by up to Rs0.5m (Check New Rates Here)

Web Desk 02:42 PM | 5 Feb, 2023
Honda Atlas raises car prices by up to Rs0.5m (Check New Rates Here)
Source: @hondapakistanofficial (Instagram)

KARACHI – After Toyota, Suzuki, and KIA, Honda Atlas has jacked up prices of its entire line-up, with the surge going as high as Rs0.55 million.

In a notice sent to its dealers, the carmaker giant cited local currency devaluation, uncertain economic conditions, and soaring inflation as key reasons behind the surge.

It however maintained that the company has tried its best to pass on minimum impact to its customers.

The price of its most famous Civic 1.5L CVT has increased to Rs 7,299,000 with a price difference of Rs500,000. City 1.2L is now available at Rs4,329,000, and BRV at Rs5,649,000.

The top-of-the-line model of Civic RS1.5 CVT has soared to Rs8,649,000 with an increase of RsRs550,000.

The new prices will come into effect from February 6, the notice said.

The worsening economic crisis badly affected the auto sector as the country’s leading carmaker Suzuki has not produced even a single vehicle in 2023. The other auto giants are also facing the severe impact of the dilapidating situation, witnessing several non-production days every week.

Web Desk
Web Desk

Daily Pakistan Global Web Desk


USD to PKR: Pakistani rupee remains stable against dollar as IMF talks underway

ISLAMABAD – Pakistani rupee remained stable against the US dollar as the market is looking for direction amid Pakistan’s ongoing negotiations with the International Monetary Fund (IMF).

Amid the economic uncertainty, the local currency remained unchanged against the greenback, moving up 0.01 percent during the opening hours of trading. Before noon, PKR was hovering at 285.40 in the interbank.

In contrast to the inter-bank, the dollar continued its upward trajectory in the open market and is reportedly available at Rs315, as the gap between the official rate and open market rate is Rs30 per dollar.

As the money market is waiting for a positive development from the economic front, International Monetary Fund (IMF) Mission Chief to Pakistan said they continued engagement with Islamabad focusing on the restoration of foreign exchange proper market functioning, with special on the upcoming budget.

Today's gold rates in Pakistan – May 30 2023

KARACHI - The price of a single tola of 24-karat gold in Pakistan is Rs 232,700 on Tuesday.The price of 10 grams of 24k gold was recorded at Rs199,510.   

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.

City Gold Silver
Lahore PKR 232,700 PKR 2,500
Karachi PKR 232,700 PKR 2,500
Islamabad PKR 232,700 PKR 2,500
Peshawar PKR 232,700 PKR 2,500
Quetta PKR 232,700 PKR 2,500
Sialkot PKR 232,700 PKR 2,500
Attock PKR 232,700 PKR 2,500
Gujranwala PKR 232,700 PKR 2,500
Jehlum PKR 232,700 PKR 2,500
Multan PKR 232,700 PKR 2,500
Bahawalpur PKR 232,700 PKR 2,500
Gujrat PKR 232,700 PKR 2,500
Nawabshah PKR 232,700 PKR 2,500
Chakwal PKR 232,700 PKR 2,500
Hyderabad PKR 232,700 PKR 2,500
Nowshehra PKR 232,700 PKR 2,500
Sargodha PKR 232,700 PKR 2,500
Faisalabad PKR 232,700 PKR 2,500
Mirpur PKR 232,700 PKR 2,500


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