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PM Shehbaz dials Akhter Mengal, Fazl as key allies hint at parting ways with govt over Reko Diq concerns

Web Desk 12:48 PM | 14 Dec, 2022
PM Shehbaz dials Akhter Mengal, Fazl as key allies hint at parting ways with govt over Reko Diq concerns

ISLAMABAD – Pakistani prime minister Shehbaz Sharif approached the ruling coalition allies, as two leading parties hinted at leaving the government over Reko Dik concerns.

Reports in local media said the premier held a telephonic conversation with Balochistan National Party leader Akhtar Mengal and JUI-F chief Maulana Fazlul Rehman to soothe soaring tensions.

The development comes as allied parties boycotted the federal cabinet meeting over a controversial bill regarding the revival of the Reko Diq copper and gold mine project in the country’s mineral-rich region.

Reports in local media suggest that PM also formed a cabinet committee to remove objections of JUI-F and BNP-M as both parties were fuming for not being taken on board during the preparation of the bill.

Lately, Fazl-led party and BNP leaders held their separate meetings in which they mulled leaving the alliance if their demands were not met.

Earlier this week, the upper house of the parliament passed the Foreign Investment Bill, 2022, for the reconstitution of a Reko Diq mining project, which will excavate gold and copper reserves in Balochistan.

As per the new agreement, the Canadian-based mining giant decided to become a 50 percent partner with federal and Balochistan governments.

Web Desk
Web Desk

Daily Pakistan Global Web Desk

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Today's currency exchange rates in Pakistan - Dollar, Euro, Pound, Riyal rates on March 31, 2023

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 March 31, 2023 (Friday).

Source: Forex Association of Pakistan. (last update 09:00 AM)

Currency Symbol Buying Selling
US Dollar ‎USD 283.8 286.6
Euro EUR 306 309
UK Pound Sterling GBP 347.5 351
U.A.E Dirham AED 77.2 79.9
Saudi Riyal SAR 75.6 76.4
Australian Dollar AUD 187.5 189.9
Bahrain Dinar BHD 753.99 761.99
Canadian Dollar CAD 206.5 208.7
China Yuan CNY 41.25 41.65
Danish Krone DKK 41.26 41.51
Hong Kong Dollar HKD 36.11 36.46
Indian Rupee INR 3.45 3.56
Japanese Yen JPY 2.15 2.22
Kuwaiti Dinar KWD 925.67 934.67
Malaysian Ringgit MYR 62.85 63.45
New Zealand Dollar NZD 175.57 177.58
Norwegians Krone NOK 26.33 26.63
Omani Riyal OMR 736.34 744.35
Qatari Riyal ‎QAR 77.92 78.62
Singapore Dollar SGD 209.5 211.5
Swedish Korona SEK 26.5 26.8
Swiss Franc CHF 308.25 310.75
Thai Bhat THB 8.28 8.43

Today's gold rates in Pakistan – 31 March 2023

KARACHI - The price of a single tola of 24-karat gold in Pakistan is Rs 208,200 on Friday. The price of 10 grams of 24k gold was recorded at Rs178,500.   

Likewise, 10 grams of 22k gold were being traded for Rs163,624 while a single tola of 22-karat gold was being sold at Rs 190,849.

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 208,200 PKR 2,470
Karachi PKR 208,200 PKR 2,470
Islamabad PKR 208,200 PKR 2,470
Peshawar PKR 208,200 PKR 2,470
Quetta PKR 208,200 PKR 2,470
Sialkot PKR 208,200 PKR 2,470
Attock PKR 208,200 PKR 2,470
Gujranwala PKR 208,200 PKR 2,470
Jehlum PKR 208,200 PKR 2,470
Multan PKR 208,200 PKR 2,470
Bahawalpur PKR 208,200 PKR 2,470
Gujrat PKR 208,200 PKR 2,470
Nawabshah PKR 208,200 PKR 2,470
Chakwal PKR 208,200 PKR 2,470
Hyderabad PKR 208,200 PKR 2,470
Nowshehra PKR 208,200 PKR 2,470
Sargodha PKR 208,200 PKR 2,470
Faisalabad PKR 208,200 PKR 2,470

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