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Finance Minister Ishaq Dar promises power-full Pakistan by 2018
Finance Minister Ishaq Dar has said the government is working for construction of major dams and loadshedding will come to end by March 2018 in the country.
He was addressing a seminar here on the social economic situation in the country on Tuesday.
"The government is working for construction of major dams and this will bring improvement in the production capacity of electricity. Load shedding will end till March, 2018," the finance minister held.
He stressed the economy would have to be separated from politics. China-Pak Economic Corridor (CPEC) is a vital project of connectivity between the countries of the region, he added.
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Pakistani rupee recovers against US dollar, Euro, Pound, Dirham and Riyal; check forex rates
Pakistani rupee continues recovering losses against US dollar and other currencies amid positive economic cues.
Dollar Rate in Pakistan Today
On Tuesday, the US dollar moved down and was being quoted at 283.6 for buying and 286.65 for selling.
Euro slides down to 309 for buying and 312 for selling. British Pound rate inches up to 360 for buying, and 363.5 for selling.
UAE Dirham AED dropped to 77.50 whereas the Saudi Riyal rate stands at 75.90.
Today's currency exchange rates in Pakistan - 5 December 2023
Source: Forex Association of Pakistan. (last update 09:00 AM)
| Currency | Symbol | Buying | Selling |
|---|---|---|---|
| US Dollar | USD | 283.6 | 286.65 |
| Euro | EUR | 309 | 312 |
| UK Pound Sterling | GBP | 360 | 363.5 |
| U.A.E Dirham | AED | 77.5 | 78.2 |
| Saudi Riyal | SAR | 75.9 | 76.7 |
| Australian Dollar | AUD | 187.72 | 188.22 |
| Bahrain Dinar | BHD | 757.72 | 765.72 |
| Canadian Dollar | CAD | 209 | 211 |
| China Yuan | CNY | 39.93 | 40.33 |
| Danish Krone | DKK | 41.59 | 41.99 |
| Hong Kong Dollar | HKD | 36.46 | 36.81 |
| Indian Rupee | INR | 3.42 | 3.53 |
| Japanese Yen | JPY | 1.49 | 1.56 |
| Kuwaiti Dinar | KWD | 922.11 | 931.11 |
| Malaysian Ringgit | MYR | 60.97 | 61.57 |
| New Zealand Dollar | NZD | 175.89 | 177.89 |
| Norwegians Krone | NOK | 26.68 | 26.98 |
| Omani Riyal | OMR | 740.01 | 748.01 |
| Qatari Riyal | QAR | 78.27 | 78.97 |
| Singapore Dollar | SGD | 211 | 213 |
| Swedish Korona | SEK | 27.45 | 27.75 |
| Swiss Franc | CHF | 327.65 | 330.15 |
| Thai Bhat | THB | 8.16 | 8.31 |
Gold Rates in Pakistan - Check today gold price - 5 December 2023
The gold remained under pressure in Pakistan amid a huge drop in price of the precious metal despite in the international market.
Gold Rates in Pakistan Today - 5 December 2023
On Tuesday, the price of a single tola of 24-karat gold stands at Rs218,500 and 10 grams of 24k gold costs Rs187,330.
Single tola of 24 karat is Rs218,500, 22 Karat Gold costs Rs200,290, rate of 21 karat gold stands at Rs191,190 whereas 18k gold rate is Rs163,875.00 for each tola.
In the global market, gold saw huge drop in price, coming down to $2037 per ounce after drop of $81.79.
Today Gold Rate in Pakistan
| City | Gold | Silver | |
| Lahore | PKR 218,500 | PKR 2,720 | |
| Karachi | PKR 218,500 | PKR 2,720 | |
| Islamabad | PKR 218,500 | PKR 2,720 | |
| Peshawar | PKR 218,500 | PKR 2,720 | |
| Quetta | PKR 218,500 | PKR 2,720 | |
| Sialkot | PKR 218,500 | PKR 2,720 | |
| Attock | PKR 218,500 | PKR 2,720 | |
| Gujranwala | PKR 218,500 | PKR 2,720 | |
| Jehlum | PKR 218,500 | PKR 2,720 | |
| Multan | PKR 218,500 | PKR 2,720 | |
| Bahawalpur | PKR 218,500 | PKR 2,720 | |
| Gujrat | PKR 218,500 | PKR 2,720 | |
| Nawabshah | PKR 218,500 | PKR 2,720 | |
| Chakwal | PKR 218,500 | PKR 2,720 | |
| Hyderabad | PKR 218,500 | PKR 2,720 | |
| Nowshehra | PKR 218,500 | PKR 2,720 | |
| Sargodha | PKR 218,500 | PKR 2,720 | |
| Faisalabad | PKR 218,500 | PKR 2,720 | |
| Mirpur | PKR 218,500 | PKR 2,720 |
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