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Pakistan not receiving any discounted energy from Russia, says Bilawal Bhutto

Web Desk 11:26 AM | 16 Dec, 2022
Pakistan not receiving any discounted energy from Russia, says Bilawal Bhutto
Source: file photo

NEW YORK – Foreign Minister Bilawal Bhutto-Zardari denied reports that Pakistan is receiving any discounted energy from Russia.

The foreign minister’s statement is in contrast to his cabinet colleague, who, after visiting Moscow earlier this month, had claimed that Pakistan is seeking oil at discounted rates from the energy-rich country.  

On December 5, Minister of State (Petroleum Division) Musadik Malik said Russia had agreed to provide crude oil as well as petrol and diesel to Pakistan at discounted rates.

Speaking during an interview with PBS NewsHour on Wednesday, Bilawal said: “We are facing an extremely difficult economic situation, inflation, pump prices. We do have energy insecurity and we are exploring various avenues to expand the areas where we can get energy from. Any energy we receive from Russia will take a long time for us to develop.”

When asked if Pakistan can have a relationship with the United States as well as have strengthening ties with China and do business deals with Russia, the foreign minister said that as far as Pakistan’s relationship with China is concerned, China is its neighbour with a long history between the two countries.

Pakistan has a lot of cooperation with China, particularly on the economic front, he said, adding that Pakistan has a historical relationship with the US that stretches back to the 1950s.

Bilawal said that Pakistan and the US are cooperating in a whole host of areas, calling it a healthy sign. He said that the cooperation between the two countries was narrow and specific within the context of the war on terror in the past, however, Pakistan and the US are now building a more broad-based partnership.

Earlier, Bilawal Bhutto-Zardari has sought the international community's help in going after those who back, support, finance and facilitates terrorism in Pakistan.

In a news briefing after hosting the Ministerial Conference of G-77 Plus China in New York, he apprised the media of a dossier issued by Pakistan containing the pieces of evidence of Indian involvement in a terror attack in Johar Town area of Lahore in 2021.

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Today's currency exchange rates in Pakistan - Dollar, Euro, Pound, Riyal rates on March 23, 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 23, 2023 (Thursday).

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

Currency Symbol Buying Selling
US Dollar ‎USD 283.1 286.15
Euro EUR 302.5 305.5
UK Pound Sterling GBP 343.5 347
U.A.E Dirham AED 77.2 78
Saudi Riyal SAR 75.4 76.2
Australian Dollar AUD 187 189.4
Bahrain Dinar BHD 749.55 757.55
Canadian Dollar CAD 205 207.2
China Yuan CNY 40.91 41.31
Danish Krone DKK 40.77 41.17
Hong Kong Dollar HKD 35.92 36.27
Indian Rupee INR 3.41 3.52
Japanese Yen JPY 2.06 2.11
Kuwaiti Dinar KWD 919.22 928.22
Malaysian Ringgit MYR 62.85 63.45
New Zealand Dollar NZD 176.66 178.66
Norwegians Krone NOK 26.33 26.63
Omani Riyal OMR 731.97 739.97
Qatari Riyal ‎QAR 77.43 78.13
Singapore Dollar SGD 208 210
Swedish Korona SEK 26.5 26.8
Swiss Franc CHF 305.12 307.62
Thai Bhat THB 8.19 8.34

Today's gold rates in Pakistan – 23 March 2023

KARACHI – The price of a single tola of 24-karat gold in Pakistan is Rs 203,800 on Thursday. The price of 10 grams of 24k gold was recorded at Rs174,730.   

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 203,800 PKR 2,350
Karachi PKR 203,800 PKR 2,350
Islamabad PKR 203,800 PKR 2,350
Peshawar PKR 203,800 PKR 2,350
Quetta PKR 203,800 PKR 2,350
Sialkot PKR 203,800 PKR 2,350
Attock PKR 203,800 PKR 2,350
Gujranwala PKR 203,800 PKR 2,350
Jehlum PKR 203,800 PKR 2,350
Multan PKR 203,800 PKR 2,350
Bahawalpur PKR 203,800 PKR 2,350
Gujrat PKR 203,800 PKR 2,350
Nawabshah PKR 203,800 PKR 2,350
Chakwal PKR 203,800 PKR 2,350
Hyderabad PKR 203,800 PKR 2,350
Nowshehra PKR 203,800 PKR 2,350
Sargodha PKR 203,800 PKR 2,350
Faisalabad PKR 203,800 PKR 2,350
Mirpur PKR 203,800 PKR 2,350

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