According to data released by Pakistan Automotive Manufacturers Association (PAMA) on Friday, 25,576 units of automobiles, including jeeps and light commercial vehicles were sold last month.
Stellar performance in the car segment was driven by record sales of Pak Suzuki Motors Limited (PSMCL) with the total sales volume of 14,781 units during the period under review.
PSMC sales surged by 61% year-on-year as Ravi and Wagon R models led the way. Other brands like Bolan, Swift and Cultus showed impressive growth of 89%, 77% and 58% year-on-year, respectively, according to Topline Securities.
Indus Motor Company (IMC) recorded its second highest sales of 6,183 units, up by 10% year-on-year largely driven by Fortuner, up 147% year-on-year. Hilux and Corolla sales surged by 6% and 4%, respectively.
In trucks and buses segment, Master Motors outperformed industry growth by 63 percentage points (82pc versus industry growth of 19pc).
Hinopak and Isuzu sales grew by 2pc and 25pc respectively on the back of higher construction activities driven by China Pakistan Economic Corridor (CPEC), Public Sector Development Program and private sector growth.
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 February 7, 2022 (Tuesday).
Source: Forex Association of Pakistan. (last update 09:00 AM)
|UK Pound Sterling||GBP||331.71||332.41|
|Hong Kong Dollar||HKD||35.08||35.43|
|New Zealand Dollar||NZD||174.19||176.19|
KARACHI – The price of a single tola of 24-karat gold in Pakistan is Rs 203,400 on Tuesday. The price of 10 grams of 24k gold was recorded at Rs173,360.
Likewise, 10 grams of 22k gold were being traded for Rs167,318 while a single tola of 22-karat gold was being sold at Rs 195,157.
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 203,400||PKR 2,350|
|Karachi||PKR 203,400||PKR 2,350|
|Islamabad||PKR 203,400||PKR 2,350|
|Peshawar||PKR 203,400||PKR 2,350|
|Quetta||PKR 203,400||PKR 2,350|
|Sialkot||PKR 203,400||PKR 2,350|
|Attock||PKR 203,400||PKR 2,350|
|Gujranwala||PKR 203,400||PKR 2,350|
|Jehlum||PKR 203,400||PKR 2,350|
|Multan||PKR 203,400||PKR 2,350|
|Bahawalpur||PKR 203,400||PKR 2,350|
|Gujrat||PKR 203,400||PKR 2,350|
|Nawabshah||PKR 203,400||PKR 2,350|
|Chakwal||PKR 203,400||PKR 2,350|
|Hyderabad||PKR 203,400||PKR 2,350|
|Nowshehra||PKR 203,400||PKR 2,350|
|Sargodha||PKR 203,400||PKR 2,350|
|Faisalabad||PKR 203,400||PKR 2,350|
|Mirpur||PKR 203,400||PKR 2,350|