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Japan's Abe to visit Iran next week: officials

10:05 AM | 6 Jun, 2019
Japan's Abe to visit Iran next week: officials
TOKYO - Shinzo Abe plans to travel to Iran next week, officials said Thursday, the first visit by a Japanese prime minister in more than four decades as Tokyo hopes to mediate between Washington and Tehran.

A government official told AFP that Tokyo was "still arranging details, including whom our prime minister will meet there" but local media have said Abe will hold talks with Iran's Supreme Leader Ayatollah Ali Khamenei and President Hassan Rouhani.

Local news agency Kyodo reported it would be the first such visit for 41 years.

As tensions intensify between Iran and Japan's key ally the United States, Abe has reportedly proposed serving as a go-between by directly holding talks with Iran's key leaders.

During his state visit to Tokyo in late May, US President Donald Trump said he remained open to talks with Tehran, appearing to give the green light to Abe's plan.

Abe told a news conference with Trump: "By closely cooperating between Japan and the US, I would like to help ease the current tension surrounding the Iranian situation."

Japan and Iran have maintained a good relationship as resource-poor Japan relies heavily on imports of oil from the Middle East, though crude from Iran accounted for just 5.3 percent of the country's total imports last year.

On the other hand, Iranian and US leaders have ratcheted up barbs and insults ever since Trump was elected as president in 2016.

Living up to his campaign promises, Trump withdrew the US in May 2018 from the landmark 2015 nuclear deal between Iran and major world powers and reimposed sanctions.

The war of words intensified after Iran's revolutionary guards was designated a "terrorist organization", with Tehran hitting back by declaring the US a "state sponsor of terrorism" and Washington's forces in the region "terrorist groups".

Fears the war of words could flare into a military clash escalated when Washington dispatched the USS Abraham Lincoln carrier group, an amphibious assault ship, a Patriot missile battery and B-52 bombers to the region.

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Pakistani rupee recovers against US dollar, Euro, Pound, Dirham and Riyal; check forex rates

Pakistani rupee continues recovering losses against US dollar and other currencies amid positive economic cues.

Dollar Rate in Pakistan Today

On Tuesday, the US dollar moved down and was being quoted at 283.6 for buying and 286.65 for selling.

Euro slides down to 309 for buying and 312 for selling. British Pound rate inches up to 360 for buying, and 363.5 for selling.

UAE Dirham AED dropped to 77.50 whereas the Saudi Riyal rate stands at 75.90.

Today's currency exchange rates in Pakistan - 5 December 2023

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

Currency Symbol Buying Selling
US Dollar USD 283.6 286.65
Euro EUR 309 312
UK Pound Sterling GBP 360 363.5
U.A.E Dirham AED 77.5 78.2
Saudi Riyal SAR 75.9 76.7
Australian Dollar AUD 187.72 188.22
Bahrain Dinar BHD 757.72 765.72
Canadian Dollar CAD 209 211
China Yuan CNY 39.93 40.33
Danish Krone DKK 41.59 41.99
Hong Kong Dollar HKD 36.46 36.81
Indian Rupee INR 3.42 3.53
Japanese Yen JPY 1.49 1.56
Kuwaiti Dinar KWD 922.11 931.11
Malaysian Ringgit MYR 60.97 61.57
New Zealand Dollar NZD 175.89 177.89
Norwegians Krone NOK 26.68 26.98
Omani Riyal OMR 740.01 748.01
Qatari Riyal QAR 78.27 78.97
Singapore Dollar SGD 211 213
Swedish Korona SEK 27.45 27.75
Swiss Franc CHF 327.65 330.15
Thai Bhat THB 8.16 8.31

Gold price sees major drop in Pakistan; Check today gold rates - 6 Dec 2023

KARACHI – Gold prices in the local market continue to decline in line with the international market.

Gold Rates in Pakistan Today - 6 December 2023

On Wednesday, the price of a single tola of 24-karat gold stands at Rs219,400 and 10 grams of 24k gold costs Rs188,100. 

Each tola for 24 karat is Rs216,700, 22 Karat is Rs198,640, and 21 karat rate per tola is Rs189,613 and 18k gold rate is Rs162,525.00 for single tola.

In the global market, the precious metal moved down, and hovers around $2023 per ounce after drop of around $10.

Today Gold Rate in Pakistan

City Gold Silver
Lahore PKR 219,400 PKR 2,625
Karachi PKR 219,400 PKR 2,625
Islamabad PKR 219,400 PKR 2,625
Peshawar PKR 219,400 PKR 2,625
Quetta PKR 219,400 PKR 2,625
Sialkot PKR 219,400 PKR 2,625
Attock PKR 219,400 PKR 2,625
Gujranwala PKR 219,400 PKR 2,625
Jehlum PKR 219,400 PKR 2,625
Multan PKR 219,400 PKR 2,625
Bahawalpur PKR 219,400 PKR 2,625
Gujrat PKR 219,400 PKR 2,625
Nawabshah PKR 219,400 PKR 2,625
Chakwal PKR 219,400 PKR 2,625
Hyderabad PKR 219,400 PKR 2,625
Nowshehra PKR 219,400 PKR 2,625
Sargodha PKR 219,400 PKR 2,625
Faisalabad PKR 219,400 PKR 2,625
Mirpur PKR 219,400 PKR 2,625

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