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Pakistan likely to slash petrol price by Rs18 per litre

09:13 AM | 14 Jul, 2022
Pakistan likely to slash petrol price by Rs18 per litre
Source: File Photo

ISLAMABAD - The prices of petroleum products are likely to decrease after hitting the record high level as the Oil and Gas Regulatory Authority (OGRA) has proposed reduction in prices for the month of July.

Reports said that OGRA has proposed a decrease of Rs18 per litre petrol and Rs33 per litre diesel to the petroleum division.

The Ministry of Finance will announce change in petroleum prices after having consultation with Prime Minister Shehbaz Sharif.

The development comes a day after the premier announced to pass on the full benefits of the decreasing oil prices in global market to the people with full transparency.

He issued the directives while chairing a meeting on fuel prices, adding that the people spent a difficult time, and now they have the right to get full relief.

The premier said the government will take every step for provision of relief to the masses who suffered heavily because of inflation caused by the previous government.

The new prices are likely to come into effect from July 16.

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Today's currency exchange rates in Pakistan - Dollar, Euro, Pound, Riyal rates on March 21, 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 21, 2023 (Tuesday).

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

Currency Symbol Buying Selling
US Dollar ‎USD 283.15 286.15
Euro EUR 298.5 301.5
UK Pound Sterling GBP 340.5 344
U.A.E Dirham AED 77.25 78
Saudi Riyal SAR 75.2 76
Australian Dollar AUD 187 189.4
Bahrain Dinar BHD 749.54 757.54
Canadian Dollar CAD 207.5 209.5
China Yuan CNY 40.91 41.31
Danish Krone DKK 40.38 40.78
Hong Kong Dollar HKD 35.9 36.25
Indian Rupee INR 3.41 3.52
Japanese Yen JPY 2.06 2.11
Kuwaiti Dinar KWD 916.88 925.88
Malaysian Ringgit MYR 62.85 63.45
New Zealand Dollar NZD 176.66 178.6
Norwegians Krone NOK 26.33 26.63
Omani Riyal OMR 732.14 740.14
Qatari Riyal ‎QAR 77.42 78.12
Singapore Dollar SGD 207.5 209.5
Swedish Korona SEK 26.5 26.8
Swiss Franc CHF 305.25 307.78
Thai Bhat THB 8.26 8.41

Today's gold rates in Pakistan – 21 March 2023

KARACHI - The price of a single tola of 24-karat gold in Pakistan is Rs 204,700 on Tuesday.The price of 10 grams of 24k gold was recorded at Rs175,500.  

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 204,700 PKR 2,390
Karachi PKR 204,700 PKR 2,390
Islamabad PKR 204,700 PKR 2,390
Peshawar PKR 204,700 PKR 2,390
Quetta PKR 204,700 PKR 2,390
Sialkot PKR 204,700 PKR 2,390
Attock PKR 204,700 PKR 2,390
Gujranwala PKR 204,700 PKR 2,390
Jehlum PKR 204,700 PKR 2,390
Multan PKR 204,700 PKR 2,390
Bahawalpur PKR 204,700 PKR 2,390
Gujrat PKR 204,700 PKR 2,390
Nawabshah PKR 204,700 PKR 2,390
Chakwal PKR 204,700 PKR 2,390
Hyderabad PKR 204,700 PKR 2,390
Nowshehra PKR 204,700 PKR 2,390
Sargodha PKR 204,700 PKR 2,390
Faisalabad PKR 204,700 PKR 2,390
Mirpur PKR 204,700 PKR 2,390

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