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Pakistan’s financial capital Karachi again listed among least livable cities in EIU 2023 Index

12:48 PM | 13 Jul, 2023
Pakistan’s financial capital Karachi again listed among least livable cities in EIU 2023 Index
Source: File Photo

KARACHI – Pakistan's financial hub and country’s largest metropolis Karachi has again made it to a grim list of least livable cities in the world.

In the Global Livability Index 2023 of the Economist Intelligence Unit, the Sindh capital got 169th place out of a total of 173 cities, ranking above only poverty-stricken cities like Lagos, Algiers, Tripoli, and Damascus.

The city of over 18 million people performed poorly on all indicators and it got an overall score of 42.5, which is lower than average.

EIU index classified cities on several factors including post-Covid recovery, and stability, healthcare, culture and environment, education, and infrastructure. The Global Livability Index 2023 assesses the livability factor within the range of 1-100, where 1 is considered intolerable and 100 is considered supreme.

The port city performed weakly on the stability indicator, with a mere score of 20. In healthcare, the provincial capital secured 50 score, 75 on education, 51.8 on infrastructure, and 38.7 on culture.

In the previous year, Karachi was ranked 136 out of 140 cities in the index.

Most Livable Cities in the world

Vienna, the capital of Austria bagged the top spot for the second year in a row and has a perfect score of 100 on four out of the five indicators.

Copenhagen, Melbourne, Sydney, Vancouver, Zurich, Calgary, Geneva, Toronto, and Osaka were ranked other top positions in the Index.

Daily Pakistan Global Web Desk

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Rupee exchange rate to US Dollar, Euro, Pound, Dirham, and Riyal - 2 March 2024

Pakistani rupee remains largely stable against USD and other currencies in the open market on March 2, 2024 (Saturday).

US Dollar rate in Pakistan

In the open market, the US dollar was being quoted at 279.4 for buying and 282.3 for selling.

Euro currently stands at 302.5 for buying and 305.5 for selling while British Pound rate stands at 354 for buying, and 359 for selling.

UAE Dirham AED hovers at 76.3 whereas the Saudi Riyal saw slight increase, with new rates at 74.5.

Today’s currency exchange rates in Pakistan – March 2, 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 279.4 282.3
Euro EUR 302.5 305.5
UK Pound Sterling GBP 354 359
U.A.E Dirham AED 76.3 77
Saudi Riyal SAR 74.5 75.3
Australian Dollar AUD 181 183
Bahrain Dinar BHD 737.97 745.97
Canadian Dollar CAD 207 209.2
China Yuan CNY 38.82 39.22
Danish Krone DKK 40.23 40.63
Hong Kong Dollar HKD 35.7 36.05
Indian Rupee INR 3.37 3.48
Japanese Yen JPY 2.1 2.18
Kuwaiti Dinar KWD 901.62 910.62
Malaysian Ringgit MYR 58.49 59.09
New Zealand Dollar NZD 168.97 170.97
Norwegians Krone NOK 26.54 26.84
Omani Riyal OMR 725.68 733.68
Qatari Riyal QAR 76.74 77.44
Singapore Dollar SGD 27.13 27.43
Swedish Korona SEK 314.07 316.57
Swiss Franc CHF 314.07 316.57
Thai Bhat THB 7.74 7.89

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