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Geneva moot - Islamic Development Bank to mobilise $4.2b for climate change-hit Pakistan
GENEVA – The Islamic Development Bank (IDB) on Monday pledged to finance an amount of $4.2 billion over the next three years to help Pakistan achieve climate resilience and development objectives.
IDB President Muhammad Al Jasser made the announcement in his address at the International Conference on Climate Resilient Pakistan in Geneva, co-hosted by Prime Minister Shehbaz Sharif and United Nationals Secretary General Antonio Guterres.
He said this amount includes $600 million dollars of ordinary capital resources from the Islamic Development Bank (IDP).
On this occasion, Prime Minister Shehbaz Sharif thanked Islamic Development Bank's financing pledge saying it was very heartening and encouraging, state broadcaster reported.
He assured that his government will leave no stone unturned to implement the reconstruction and rehabilitation plan in letter and spirit.
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Pakistani rupee sees marginal decline against US Dollar, Euro, Dirham, & Riyal; check forex rates
Pakistani rupee witnessed marginal losses against US dollar, and other currencies in the open market.
Dollar Rate in Pakistan Today
On Wednesday, the dollar was being quoted at 285.6 for selling and 288.65 for buying purposes.
Euro price stands at 312 for buying and 315 for selling. British Pound rate stands at 360 for buying, and 363 for selling.
UAE Dirham AED stands at 78.25 whereas the Saudi Riyal also witnessed fall and new price stands at 76.25.
Today's currency exchange rates in Pakistan - 29 November 2023
| Currency | Symbol | Buying | Selling |
| US Dollar | USD | 285.6 | 288.65 |
| Euro | EUR | 312 | 315 |
| UK Pound Sterling | GBP | 360 | 363 |
| U.A.E Dirham | AED | 78.25 | 79 |
| Saudi Riyal | SAR | 76.25 | 77.25 |
| Australian Dollar | AUD | 187.2 | 189 |
| Bahrain Dinar | BHD | 750.11 | 758.11 |
| Canadian Dollar | CAD | 209 | 211 |
| China Yuan | CNY | 39.58 | 39.98 |
| Danish Krone | DKK | 41.38 | 41.78 |
| Hong Kong Dollar | HKD | 36.24 | 36.59 |
| Indian Rupee | INR | 3.39 | 3.5 |
| Japanese Yen | JPY | 1.55 | 1.63 |
| Kuwaiti Dinar | KWD | 914.36 | 923.36 |
| 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 | 741.26 | 749.26 |
| Qatari Riyal | QAR | 77.63 | 78.33 |
| Singapore Dollar | SGD | 211 | 213 |
| Swedish Korona | SEK | 26.93 | 27.23 |
| Swiss Franc | CHF | 320.1 | 322.6 |
| Thai Bhat | THB | 8.01 | 8.16 |
Gold rates see big increase in Pakistan; Check today gold price here
KARACHI – The gold price moved up down in the local market in line with massive increase in international market.
Gold Rates in Pakistan Today - 29 November 2023
On Wednesday, the single tola of 24 Karat gold was available at Rs218,000, and the price for 10-gram gold saw an increase of Rs943 to reach Rs186,900.
Meanwhile, the 22 Karat Gold price stands at Rs199,830, 21 karat rate for each tola is Rs190,750 and 18k gold rate hoveres around Rs163,500.00.
In international market, the price of precious metal went up by $29 to settle at $2,044 per ounce.
Today Gold Rate in Pakistan
| City | Gold | Silver |
| Lahore | PKR 218,000 | PKR 2,610 |
| Karachi | PKR 218,000 | PKR 2,610 |
| Islamabad | PKR 218,000 | PKR 2,610 |
| Peshawar | PKR 218,000 | PKR 2,610 |
| Quetta | PKR 218,000 | PKR 2,610 |
| Sialkot | PKR 218,000 | PKR 2,610 |
| Attock | PKR 218,000 | PKR 2,610 |
| Gujranwala | PKR 218,000 | PKR 2,610 |
| Jehlum | PKR 218,000 | PKR 2,610 |
| Multan | PKR 218,000 | PKR 2,610 |
| Bahawalpur | PKR 218,000 | PKR 2,610 |
| Gujrat | PKR 218,000 | PKR 2,610 |
| Nawabshah | PKR 218,000 | PKR 2,610 |
| Chakwal | PKR 218,000 | PKR 2,610 |
| Hyderabad | PKR 218,000 | PKR 2,610 |
| Nowshehra | PKR 218,000 | PKR 2,610 |
| Sargodha | PKR 218,000 | PKR 2,610 |
| Faisalabad | PKR 218,000 | PKR 2,610 |
| Mirpur | PKR 218,000 | PKR 2,610 |
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