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PM Imran launches Naya Pakistan Certificates, invites expats to invest for good return
ISLAMABAD – Prime Minister Imran Khan has urged overseas Pakistanis to invest in their home country and earn good return, besides strengthening national economy.
Addressing the launching ceremony of Naya Pakistan Certificates in Islamabad on Thursday evening, he asked the State Bank of Pakistan to devise new product to attract overseas Pakistanis to invest in the country.
He said overseas Pakistanis have proved their mettle in every field and they own wealth equal to the total GDP of Pakistan.
"We can convince overseas Pakistanis to invest their dollars in Pakistan by providing enabling environment and facilitation," he added.
Talking about government's efforts to revamp economy, Imran Khan said all economic indicators are showing positive improvement.
He said current account deficit has become surplus for the first time in last 17 years, whereas exports have witnessed an increase of 24 percent as well as rise in remittances.
He said record cement sale indicates that the construction industry is also flourishing.
Imran Khan said now country's economy is heading towards right direction and Pakistan has come out of the difficult period.
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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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