ISLAMABAD – Pakistan is inching closer to reviving a bailout from the International Monetary Fund, Finance Minister Ishaq Dar announced, saying he and his team were absolutely committed to sealing deal with US-based lender.
Sharing his views at a seminar organized by the Finance Ministry in the federal capital, the finance czar pledged to follow the agreements with the global. He flagged the ongoing economic crisis as one of the many challenges faced by South Asian countries, which according to him was caused by the policies of the Pakistan Tehreek-e-Insaf government.
Our government is doing its best to fix these issues and that progress will soon be visible, Dar added.
He called it a race against time to implement measures to salvage the deal with the IMF as reserves for essential imports plunged in recent times, while elections are due in coming months.
Drawing a comparison of the policies of the previous and incumbent governments, the PML-N leader said his team decided to discharge all the sovereign commitments that the previous government had made.
He slammed Imran Khan-led government for deviating from the IMF program, denting the confidence of development institutions, and losing foreign investment due to erroneous policies.
Before concluding his speech, the country’s finance chief said Pakistan is set to salvage the IMF deal in two days.
Daily Pakistan Global Web Desk
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 September 25, 2023 (Monday).
Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency | Symbol | Buying | Selling |
US Dollar | USD | 292 | 295.15 |
Euro | EUR | 317 | 317 |
UK Pound Sterling | GBP | 372.5 | 376 |
U.A.E Dirham | AED | 81.5 | 82.3 |
Saudi Riyal | SAR | 78.55 | 79.3 |
Australian Dollar | AUD | 198 | 200 |
Bahrain Dinar | BHD | 781.13 | 789.13 |
Canadian Dollar | CAD | 220 | 222.2 |
China Yuan | CNY | 40.22 | 40.62 |
Danish Krone | DKK | 42.35 | 42.75 |
Hong Kong Dollar | HKD | 317 | 320 |
Indian Rupee | INR | 37.93 | 38.28 |
Japanese Yen | JPY | 1.92 | 1.99 |
Kuwaiti Dinar | KWD | 951.03 | 960.03 |
Malaysian Ringgit | MYR | 62.62 | 63.22 |
New Zealand Dollar | NZD | 174.23 | 176.23 |
Norwegians Krone | NOK | 27.87 | 28.17 |
Omani Riyal | OMR | 762.72 | 770.72 |
Qatari Riyal | QAR | 80.69 | 81.39 |
Singapore Dollar | SGD | 217 | 219 |
Swedish Korona | SEK | 26.62 | 26.92 |
Swiss Franc | CHF | 325.12 | 327.62 |
Thai Bhat | THB | 8.31 | 8.46 |
KARACHI – The price of a single tola of 24-karat gold in Pakistan is Rs 210,100 on Tuesday. The price of 10 grams of 24k gold was recorded at Rs180,130.
Likewise, 10 grams of 22k gold were being traded for Rs168,730 while a single tola of 22-karat gold was being sold at Rs196,807.
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.
City | Gold | Silver |
Lahore | PKR 210,100 | PKR 2,587 |
Karachi | PKR 210,100 | PKR 2,587 |
Islamabad | PKR 210,100 | PKR 2,587 |
Peshawar | PKR 210,100 | PKR 2,587 |
Quetta | PKR 210,100 | PKR 2,587 |
Sialkot | PKR 210,100 | PKR 2,587 |
Attock | PKR 210,100 | PKR 2,587 |
Gujranwala | PKR 210,100 | PKR 2,587 |
Jehlum | PKR 210,100 | PKR 2,587 |
Multan | PKR 210,100 | PKR 2,587 |
Bahawalpur | PKR 210,100 | PKR 2,587 |
Gujrat | PKR 210,100 | PKR 2,587 |
Nawabshah | PKR 210,100 | PKR 2,587 |
Chakwal | PKR 210,100 | PKR 2,587 |
Hyderabad | PKR 210,100 | PKR 2,587 |
Nowshehra | PKR 210,100 | PKR 2,587 |
Sargodha | PKR 210,100 | PKR 2,587 |
Faisalabad | PKR 210,100 | PKR 2,587 |
Mirpur | PKR 210,100 | PKR 2,587 |
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