Govt keeps petroleum prices unchanged till November 30

Web Desk 09:15 AM | 16 Nov, 2022

Source: File Photo

ISLAMABAD – Sharif-led federal government has decided to keep oil prices unchanged for next fortnight, Finance Minister Ishaq Dar announced late Tuesday.

In a televised announcement from the Finance Division in the federal capital, the new finance chief said that he debated the summary sent by the Oil and Gas Regulatory Authority with Prime Minister Shehbaz Sharif and the government decided against increasing prices till November 30.

وفاقی وزیر خزانہ اسحاق ڈار اہم گفتگو کر رہے ہیں https://t.co/twiT0WbZ2Y
— PML(N) (@pmln_org) November 15, 2022

Earlier, reports suggest that the price of key petroleum products was likely to be increased by up to Rs4 per litre.

Meanwhile, with no changes in prices, petrol is being sold at Rs224.80 per litre, HSD for Rs235.30, Rs186.50 for LDO and Rs191.83 for kerosene. Earlier in October, the government had decided to keep the petrol prices unchanged.

OGRA informed about possible fuel shortage in Pakistan

Finance Minister, in his video message, also mentioned that the State Bank and National Bank will withdraw the appeals submitted against the abolition of interest.

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Forex

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

Gold & Silver Rate

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