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NBP installs 'World’s Highest ATM' in Pakistan

Dawood Rehman 05:59 PM | 5 Sep, 2016
NBP installs 'World’s Highest ATM' in Pakistan
LAHORE - The National Bank of Pakistan has installed a cash machine at Khunjerab Pass at a height of 15,397ft, making it the world's highest ATM.

Khunjerab Pass or Khunjerav (elevation 4,693 metres) is situated in the Karakoram Mountains in a strategic position on the northern border of Pakistan's Gilgit–Baltistan Hunza - Nagar District on the southwest border of the Xinjiang region of China.

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National Bank of Pakistan has built an extensive branch network of 1400+ branches in Pakistan and operates in major business centre abroad. The domestic branch network has been automated and is online. The Bank has representative offices in Beijing, Tashkent, Chicago and Toronto.

The ATM, however, will function only during daytime and would receive power supply from a generator. Care has been taken to make sure it functions even in subzero temperatures.

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In 2007, a centuries-old mountain pass in India on the Silk Route - Nathu-La - had added the world’s highest ATM counter at 14, 300 ft in Kupup.

The Union Bank of India launched the Nathu-La facility, beating a private bank, which had its counter in Thegu in the same area but at 13, 200 ft. Meant primarily for army personnel along the Sino-India border, the ATM also serves tourists.

Dawood Rehman
Dawood Rehman

The writer is a member of the staff.

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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 6, 2023 (Monday).

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

Currency Symbol Buying Selling
US Dollar ‎USD 275.15 278.15
Euro EUR 299 302
UK Pound Sterling GBP 335 338
U.A.E Dirham AED 75.14 75.44
Saudi Riyal SAR 73.55 73.85
Australian Dollar AUD 192 194
Bahrain Dinar BHD 712.72 720.72
Canadian Dollar CAD 205 207
China Yuan CNY 39.67 40.07
Danish Krone DKK 39.33 39.73
Hong Kong Dollar HKD 34.19 34.54
Indian Rupee INR 3.28 3.39
Japanese Yen JPY 2.5 2.54
Kuwaiti Dinar KWD 878 887
Malaysian Ringgit MYR 62.83 63.43
New Zealand Dollar NZD 173.25 175.25
Norwegians Krone NOK 26.76 27.09
Omani Riyal OMR 696.08 704.08
Qatari Riyal ‎QAR 73.62 74.32
Singapore Dollar SGD 204 206
Swedish Korona SEK 25.61 25.91
Swiss Franc CHF 291.69 294.19
Thai Bhat THB 8.15 8.3

KARACHI – The gold price in Pakistan decreased by Rs200 per tola to reach Rs204,300 on Monday after the yellow metal market witnessed mostly bullish trend last week.

As per the All-Pakistan Sarafa Gems and Jewellers Association (APSGJA), the price of 10 grams of 24 carats gold increased by Rs172 to settle at Rs175,154.

On Friday, the South Asian country registered Rs4,000 per tola decrease.

In the international market, the commodity witnessed an increase of $5 to reach $1,870 per ounce.

Meanwhile, silver prices in the domestic market remained unchanged at Rs2,250 per tola and Rs1,929 per 10 grams, respectively.

https://en.dailypakistan.com.pk/06-Feb-2023/pakistani-rupee-ends-losing-streak-gains-5-58-against-dollar-in-interbank-market

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