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COVID-19: Hafeez urges int'l agencies for evaluating losses to Pakistan economy

11:11 AM | 6 Jun, 2020
COVID-19: Hafeez urges int'l agencies for evaluating losses to Pakistan economy

ISLAMABAD - Adviser to the Prime Minister on Finance Dr. Abdul Hafeez Shaikh has assured swift, robust policy response to COVID-19.

While chairing a meeting in Islamabad, the Adviser asked the international development partners and the government agencies to continue evaluating the losses suffered by the Pakistan economy due to COVID-19 to help the government come up with a swift and robust policy response.

Dr Abdul Hafeez Sheikh said the government has announced its 1.2 trillion rupees stimulus package to help the businesses and the poorest segments of population in alleviating their miseries and suffering.

The Advisor appreciated the work done by the State Bank of Pakistan, The planning Commission of Pakistan in this regard, the Radio Pakistan reported.

Country Director for Asian Development Bank in Pakistan Xiaohong Yang, United Nations Resident Humanitarian Coordinator in Pakistan Julien Harneis, and Country Director of the World Bank Patchamuthu Illangovan, also presented thier analyses of economic Pakistan has suffered due to the disease.

The meeting was also attended by Minister for Industries and Production Hammad Azhar, Adviser to the Prime Minister on Commerce and Investment Abdul Razak Dawood and senior officials of the Finance Division.

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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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