Pakistan cuts petroleum prices for December

07:56 PM | 15 Dec, 2021

ISLAMABAD - The federal government Wednesday announced to decrease prices of petroleum products for the remaining days of December amid dropping oil prices in the international market.

Special Assistant to PM Dr Shahbaz Gill announced the development, stating that the prices of petrol and high speed diesel have been reduced by Rs5 per litre to Rs140.82 and Rs.Rs137.62, respectively.

Similarly, the prices of light-speed diesel and kerosene oil have been decreased by Rs7/litre to Rs109.53 and Rs107.06, respectively.

Earlier, reports in local media had suggested that the petroleum prices in the South Asian country would go down amid rising Covid cases around the world that reduced crude demand as new doubts emerged about the effectiveness of vaccines against the Omicron variant.

Last month, the government announced to maintain the prices of petroleum products including petrol unchanged till December 15. The new price of petrol reached Rs145.82 per litre with the surge in the international market.

Petroleum prices to remain unchanged in Nov as PM Imran rejects Ogra summary

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Forex

Today's currency exchange rates in Pakistan - Dollar, Euro, Pound, Riyal rates on May 29, 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 May 29, 2023 (Monday).

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

Currency	Symbol	Buying	Selling
US Dollar	‎USD	307.9	311.15
Euro	EUR	330	333
UK Pound Sterling	GBP	381	384.5
U.A.E Dirham	AED	84.6	85.4
Saudi Riyal	SAR	82.6	83.4
Australian Dollar	AUD	201	203
Bahrain Dinar	BHD	762.21	770.21
Canadian Dollar	CAD	225.5	227.5
China Yuan	CNY	40.6	41
Danish Krone	DKK	41.39	41.78
Hong Kong Dollar	HKD	36.6	36.95
Indian Rupee	INR	3.47	3.58
Japanese Yen	JPY	2.15	2.20
Kuwaiti Dinar	KWD	932.2	941.2
Malaysian Ringgit	MYR	62.42	63.02
New Zealand Dollar	NZD	176.98	178.98
Norwegians Krone	NOK	26.14	26.44
Omani Riyal	OMR	744.58	752.57
Qatari Riyal	‎QAR	78.73	79.43
Singapore Dollar	SGD	215	217
Swedish Korona	SEK	26.73	27.03
Swiss Franc	CHF	316.34	318.84
Thai Bhat	THB	8.28	8.43

Gold & Silver Rate

Today's gold rates in Pakistan – May 29 2023

KARACHI - The price of a single tola of 24-karat gold in Pakistan is Rs 235,800 on Monday. The price of 10 grams of 24k gold was recorded at Rs202,160.

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 190,880.

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 235,800	PKR 2,505
Karachi	PKR 235,800	PKR 2,505
Islamabad	PKR 235,800	PKR 2,505
Peshawar	PKR 235,800	PKR 2,505
Quetta	PKR 235,800	PKR 2,505
Sialkot	PKR 235,800	PKR 2,505
Attock	PKR 235,800	PKR 2,505
Gujranwala	PKR 235,800	PKR 2,505
Jehlum	PKR 235,800	PKR 2,505
Multan	PKR 235,800	PKR 2,505
Bahawalpur	PKR 235,800	PKR 2,505
Gujrat	PKR 235,800	PKR 2,505
Nawabshah	PKR 235,800	PKR 2,505
Chakwal	PKR 235,800	PKR 2,505
Hyderabad	PKR 235,800	PKR 2,505
Nowshehra	PKR 235,800	PKR 2,505
Sargodha	PKR 235,800	PKR 2,505
Faisalabad	PKR 235,800	PKR 2,505
Mirpur	PKR 235,800	PKR 2,505