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Transparency Int'l survey suggests more than 90pc of Pakistanis believe inflation highest in PTI regime

Over 1,600 respondents participate in poll for global civil society organization

01:47 PM | 8 Dec, 2021
Transparency Int'l survey suggests more than 90pc of Pakistanis believe inflation highest in PTI regime

ISLAMABAD – A recent survey of Transparency International shows that 92 percent of Pakistanis believe that inflation and price hikes are highest under Pakistan Tehreek-e-Insaf government’s tenure as compared to previous regimes.

The National Corruption Perception Survey Pakistan 2021 displays breakdown of general public perception about the frequency and levels of corruption in the South Asian country.

Around 92.9% consider price hike to be the highest during the incumbent setup, compared to 4.6% who thought the same for the previous government of PML-N and 2.5% of the PPP government.

The survey reveals most people consider the PTI government’s self-accountability unsatisfactory. Around 52 percent opted weak accountability, 29 percent said the greed of powerful people, and the other 18 percent terms low salaries responsible for the corruption. Around 66.8% termed the PTI government’s accountability drive partial.

Some 85% of Pakistanis said their income levels have been squeezed during the Imran Khan-led government.

Police and judiciary most corrupt institutions, survey shows

Police and judiciary turned out to be the most corrupt institutions in the country, according to the survey which said around 41 percent terms law enforcers as the most corrupt, while 17.4 percent voted for Judiciary, and 10.3 percent said the tender and contracting sector is dishonest.

When asked about measures to curb corruption, around 40% of Pakistanis say pace in stringent punishments for corruption cases, 34% said accountability of public officers by expediting NAB’s handling of corruption cases, and 25 percent picked a complete ban on those convicted of corruption from holding public office.

Furthermore, 72.8 percent of people believe that public sector corruption at the grassroots levels has increased in wake of the absence of local government.

The survey took responses from 1,600 people from four cities each in every region of the country, Transparency International Pakistan said.

The fifth most populous country ranked 124 out of 180 countries dropping four spots over last year in the Corruption Perceptions Index (CPI) by Transparency International released earlier this year.

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Pakistani rupee exchange rate to US dollar, Euro, Pound, Dirham, and Riyal - 4 Dec  2023

Pakistani rupee's value remained stable against US dollar, Euro, Pound, Dirham, Riyal and other currencies in the open market.

Dollar Rate in Pakistan Today

On Monday, the US dollar was being quoted at 285.15 for buying and 287.95 for selling.

Euro rate stands at 309.9 for buying and 310.5 for selling. British Pound GBP rate stands at 359.4 for buying, and 360.05 for selling.

UAE Dirham AED currently hovers around 77.45 while rate of Saudi Riyal stands at 75.82.

Today’s currency exchange rates in Pakistan – 4 December 2023

Currency Symbol Buying Selling
US Dollar USD 285.15  287.95 
Euro EUR 309.9  310.5 
UK Pound Sterling GBP 359.4  360.05 
U.A.E Dirham AED 77.45 77.6
Saudi Riyal SAR 75.82 75.97
Australian Dollar AUD 187.72 188.22
Bahrain Dinar BHD 759.94 767.94
Canadian Dollar CAD 209.99 210.49
China Yuan CNY 39.78 39.88
Danish Krone DKK 41.95 42.05
Hong Kong Dollar HKD 36.38 36.48
Indian Rupee INR 3.39 3.5
Japanese Yen JPY 1.49 1.56
Kuwaiti Dinar KWD 926.39 935.39
Malaysian Ringgit MYR 60.38 60.98
New Zealand Dollar NZD 173.44 175.44
Norwegians Krone NOK 26.25 26.55
Omani Riyal OMR 742.16 750.18
Qatari Riyal QAR 78.5 79.2
Singapore Dollar SGD 212.45 212.95
Swedish Korona SEK 27.09 27.19
Swiss Franc CHF 325.38 325.88
Thai Bhat THB 8.05 8.09

Gold prices in Pakistan move down despite positive global cues

The gold remained under pressure as the precious metal moved down despite an upward trend in the international market.

Gold Rates in Pakistan Today - 4 December 2023

On the first day of the week, the price of a single tola of 24-karat gold stands at Rs217,000 and 10 grams of 24k gold costs Rs186,043 

A single tola of 22-karat gold costs Rs170,539, while 21 karat rate for each tola is Rs. 192,325 and the price of 18k gold is Rs164,850.

In the global market, gold prices hover at around $2086, gaining $14.44 on Monday.

Today Gold Rate in Pakistan

City Gold Silver
Lahore PKR 217,000 PKR 2,720
Karachi PKR 217,000 PKR 2,720
Islamabad PKR 217,000 PKR 2,720
Peshawar PKR 217,000 PKR 2,720
Quetta PKR 217,000 PKR 2,720
Sialkot PKR 217,000 PKR 2,720
Attock PKR 217,000 PKR 2,720
Gujranwala PKR 217,000 PKR 2,720
Jehlum PKR 217,000 PKR 2,720
Multan PKR 217,000 PKR 2,720
Bahawalpur PKR 217,000 PKR 2,720
Gujrat PKR 217,000 PKR 2,720
Nawabshah PKR 217,000 PKR 2,720
Chakwal PKR 217,000 PKR 2,720
Hyderabad PKR 217,000 PKR 2,720
Nowshehra PKR 217,000 PKR 2,720
Sargodha PKR 217,000 PKR 2,720
Faisalabad PKR 217,000 PKR 2,720
Mirpur PKR 217,000 PKR 2,720

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