Warns again hoarding
ISLAMABAD – Minister of State for Petroleum Musadik Malik has dispelled the rumours of petroleum products' shortage in the country and warned of action against those involved in hoarding the commodities.
His remarks comes as several filling stations in different cities of Punjab, including Lahore, Faisalabad and Gujranwala, have stopped operations while others are providing limited quantity of petroleum products to consumers allegedly due to disruption in supply by the oil marketing companies.
Malik held a press conference in the federal capital to address the reports, stating Pakistan has sufficient stock of diesel and petrol.
Warning the hoarders, the minister said the government will revoke the licenses if someone found involved in creating artificial shortage in the country. He also rejected the impression that government was going to increase the prices of petroleum products.
Meanwhile, the Oil and Gas Regulatory Authority (Ogra) has written to the chief secretary Punjab to take action against illegal hoarding of petrol and diesel. It also demanded immediate action against the elements behind this illegal practice in order to provide relief to public.
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 March 27, 2023 (Monday).
Source: Forex Association of Pakistan. (last update 09:00 AM)
|UK Pound Sterling||GBP||345.5||349|
|Hong Kong Dollar||HKD||35.92||36.27|
|New Zealand Dollar||NZD||177.56||179.56|
KARACHI - The price of a single tola of 24-karat gold in Pakistan is Rs 204,800 on Monday. The price of 10 grams of 24k gold was recorded at Rs175,590.
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.
|Lahore||PKR 204,800||PKR 2,470|
|Karachi||PKR 204,800||PKR 2,470|
|Islamabad||PKR 204,800||PKR 2,470|
|Peshawar||PKR 204,800||PKR 2,470|
|Quetta||PKR 204,800||PKR 2,470|
|Sialkot||PKR 204,800||PKR 2,470|
|Attock||PKR 204,800||PKR 2,470|
|Gujranwala||PKR 204,800||PKR 2,470|
|Jehlum||PKR 204,800||PKR 2,470|
|Multan||PKR 204,800||PKR 2,470|
|Bahawalpur||PKR 204,800||PKR 2,470|
|Gujrat||PKR 204,800||PKR 2,470|
|Nawabshah||PKR 204,800||PKR 2,470|
|Chakwal||PKR 204,800||PKR 2,470|
|Hyderabad||PKR 204,800||PKR 2,470|
|Nowshehra||PKR 204,800||PKR 2,470|
|Sargodha||PKR 204,800||PKR 2,470|
|Faisalabad||PKR 204,800||PKR 2,470|
|Mirpur||PKR 204,800||PKR 2,470|
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