ISLAMABAD – The federal government on Thursday increased prices of petroleum products by up to Rs13.00 per litre in wake of a price hike in international markets.
Ministry of Finance notified the increase in petrol price by Rs5 per litre and diesel by Rs13 per litre.
In a notification, it said “In the last fortnight, Platts Singapore prices registered an increase. This along with a depreciation of Pak Rupee has resulted in an increase of POL products in Pakistan. Accordingly, the price of MS(Petrol) has increased by Rs.5/litre and price of HSD has increased by Rs. 13/litre.”
It further mentioned the increase in the price of Kerosene oil has been kept at Rs 2.56 by reducing government dues on it. Similarly, the price of Light Diesel Oil has been kept constant by adjusting the dues as well.
The new prices will be effective from 16th March 2023.
Last month, the country’s finance czar Ishaq Dar announced a reduction in the price of petrol by Rs5 per litre while keeping the price of High-Speed Diesel unchanged at Rs280 per litre.
In recent times, it was reported that country’s oil reserves are running low. The government refuted the speculations but commuters faced issues, particularly in Punjab.
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 27, 2023 (Saturday).
Source: Forex Association of Pakistan. (last update 09:00 AM)
|UK Pound Sterling||GBP||381||384.5|
|Hong Kong Dollar||HKD||36.6||36.95|
|New Zealand Dollar||NZD||176.98||178.98|
KARACHI - The price of a single tola of 24-karat gold in Pakistan is Rs 235,550 on Saturday.The price of 10 grams of 24k gold was recorded at Rs201,950.
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.
|Lahore||PKR 235,550||PKR 2,450|
|Karachi||PKR 235,550||PKR 2,450|
|Islamabad||PKR 235,550||PKR 2,450|
|Peshawar||PKR 235,550||PKR 2,450|
|Quetta||PKR 235,550||PKR 2,450|
|Sialkot||PKR 235,550||PKR 2,450|
|Attock||PKR 235,550||PKR 2,450|
|Gujranwala||PKR 235,550||PKR 2,450|
|Jehlum||PKR 235,550||PKR 2,450|
|Multan||PKR 235,550||PKR 2,450|
|Bahawalpur||PKR 235,550||PKR 2,450|
|Gujrat||PKR 235,550||PKR 2,450|
|Nawabshah||PKR 235,550||PKR 2,450|
|Chakwal||PKR 235,550||PKR 2,450|
|Hyderabad||PKR 235,550||PKR 2,450|
|Nowshehra||lPKR 235,550||PKR 2,450|
|Sargodha||PKR 235,550||PKR 2,450|
|Faisalabad||PKR 235,550||PKR 2,450|
|Mirpur||PKR 235,550||PKR 2,450|
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