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What could be the latest petrol price in Pakistan from November 16?

Web Desk 10:48 AM | 15 Nov, 2022
What could be the latest petrol price in Pakistan from November 16?
Source: File Photo

LAHORE – The prices of petroleum products are likely to increase by up to Rs4 per litre for the second half of November as the federal government planned to collect more revenue from oil consumers amid the economic crunch.

Reports quoting Petroleum Division officials said the prices of petrol have been worked out to increase for the next fortnight.

It was reported that increasing prices of key petroleum products comes as part of the government’s negotiations with the global lender. Petrol and diesel are two key products that generate most of the revenue.

Earlier, the petroleum levy on petrol and other oil products was increased to boost revenue receipts however the tax levied by the centre has been kept at a minimum.

Last month, the oil prices were kept unchanged for the first half of November and as of now petrol price stands at Rs224.80 per litre, Diesel costs Rs235.30 per litre while Kerosene oil rate is Rs191.83 per litre.

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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 January 27, 2023 (Friday).

Source: Forex Association of Pakistan. (last update 07:00 AM)

Currency Symbol Buying Selling
US Dollar ‎USD 264 266
Euro EUR 274 276.7
UK Pound Sterling GBP 311 314
U.A.E Dirham AED 68.7 69.3
Saudi Riyal SAR 66.4 67
Australian Dollar AUD 176 178
Bahrain Dinar BHD 615.68 620.18
Canadian Dollar CAD 186 188
China Yuan CNY 34.12 34.37
Danish Krone DKK 33.83 34.18
Hong Kong Dollar HKD 29.52 29.87
Indian Rupee INR 2.81 2.89
Japanese Yen JPY 2.5 2.54
Kuwaiti Dinar KWD 756.69 761.69
Malaysian Ringgit MYR 52.59 53.04
New Zealand Dollar NZD 148.33 149.53
Norwegians Krone NOK 22.43 22.73
Omani Riyal OMR 600.37 604.87
Qatari Riyal ‎QAR 63.5 64
Singapore Dollar SGD 178 179.3
Swedish Korona SEK 21.78 22.08
Swiss Franc CHF 250.23 251.98
Thai Bhat THB 6.98 7.08

KARACHI – The price of a single tola of 24-karat gold in Pakistan is Rs203,900 on Friday. The price of 10 grams of 24k gold was recorded at Rs174,810.

Likewise, 10 grams of 22k gold were being traded for Rs160,241 while a single tola of 22-karat gold was being sold at Rs 186,907.

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 203,900 PKR 2,100
Karachi PKR 203,900 PKR 2,100
Islamabad PKR 203,900 PKR 2,100
Peshawar PKR 203,900 PKR 2,100
Quetta PKR 203,900 PKR 2,100
Sialkot PKR 203,900 PKR 2,100
Attock PKR 203,900 PKR 2,100
Gujranwala PKR 203,900 PKR 2,100
Jehlum PKR 203,900 PKR 2,100
Multan PKR 203,900 PKR 2,100
Bahawalpur PKR 203,900 PKR 2,100
Gujrat PKR 203,900 PKR 2,100
Nawabshah PKR 203,900 PKR 2,100
Chakwal PKR 203,900 PKR 2,100
Hyderabad PKR 203,900 PKR 2,100
Nowshehra PKR 203,900 PKR 2,100
Sargodha PKR 203,900 PKR 2,100
Faisalabad PKR 203,900 PKR 2,100
Mirpur PKR 203,900 PKR 2,100

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