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Govt keeps petroleum prices unchanged till November 30
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
— PMLN (@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.
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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Rupee remains stable against US dollar, Euro, Pound, Dirham and Riyal; check forex rates
Pakistani rupee remained stable against US dollar in the open bank market on Friday.
Dollar Rate in Pakistan Today
On Friday, the US dollar was being quoted at 285.3 for buying and 288.15 for selling.
Euro moves down to 311 for buying and 314 for selling. British Pound rate stands at 358.5 for buying, and 361.5 for selling.
UAE Dirham AED stands at 78 whereas the Saudi Riyal rate stands at 76.20.
Today's currency exchange rates in Pakistan – 1 December 2023
| Currency | Symbol | Buying | Selling |
| US Dollar | USD | 285.3 | 288.15 |
| Euro | EUR | 311 | 314 |
| UK Pound Sterling | GBP | 358.5 | 361.5 |
| U.A.E Dirham | AED | 78 | 78.7 |
| Saudi Riyal | SAR | 76.2 | 77 |
| Australian Dollar | AUD | 187.2 | 189 |
| Bahrain Dinar | BHD | 759.67 | 767.67 |
| Canadian Dollar | CAD | 209 | 211 |
| China Yuan | CNY | 39.59 | 39.98 |
| Danish Krone | DKK | 41.38 | 41.78 |
| Hong Kong Dollar | HKD | 36.63 | 36.98 |
| Indian Rupee | INR | 3.39 | 3.5 |
| Japanese Yen | JPY | 1.49 | 1.56 |
| Kuwaiti Dinar | KWD | 926.7 | 935.7 |
| Malaysian Ringgit | MYR | 60.38 | 60.98 |
| New Zealand Dollar | NZD | 173.44 | 175.44 |
| Norwegians Krone | NOK | 26.25 | 26.55 |
| Omani Riyal | OMR | 741.26 | 749.26 |
| Qatari Riyal | QAR | 77.63 | 78.33 |
| Singapore Dollar | SGD | 211 | 213 |
| Swedish Korona | SEK | 26.93 | 27.23 |
| Swiss Franc | CHF | 325.9 | 328.4 |
| Thai Bhat | THB | 8.23 | 8.38 |
Gold rates drop in Pakistan; Check today’s gold rates 1 December 2023
KARACHI – The gold price continues to climb up in the local market in line of upward trend in international market.
Gold Rates in Pakistan Today - 1 December 2023
On Thursday, the single tola of 24 Karat gold was available at Rs217,400, and the price for 10-gram gold reached Rs186,390.
Meanwhile, the 22 Karat Gold price stands at Rs199,282, 21 karat rate for each tola is Rs190,225 and 18k gold rate hovers around Rs163,050.
In international market, the price of precious metal hovers around $2,045 per ounce.
Today Gold Rate in Pakistan
| City | Gold | Silver |
| Lahore | PKR 217,400 | PKR 2,696 |
| Karachi | PKR 217,400 | PKR 2,696 |
| Islamabad | PKR 217,400 | PKR 2,696 |
| Peshawar | PKR 217,400 | PKR 2,696 |
| Quetta | PKR 217,400 | PKR 2,696 |
| Sialkot | PKR 217,400 | PKR 2,696 |
| Attock | PKR 217,400 | PKR 2,696 |
| Gujranwala | PKR 217,400 | PKR 2,696 |
| Jehlum | PKR 217,400 | PKR 2,696 |
| Multan | PKR 217,400 | PKR 2,696 |
| Bahawalpur | PKR 217,400 | PKR 2,696 |
| Gujrat | PKR 217,400 | PKR 2,696 |
| Nawabshah | PKR 217,400 | PKR 2,696 |
| Chakwal | PKR 217,400 | PKR 2,696 |
| Hyderabad | PKR 217,400 | PKR 2,696 |
| Nowshehra | PKR 217,400 | PKR 2,696 |
| Sargodha | PKR 217,400 | PKR 2,696 |
| Faisalabad | PKR 217,400 | PKR 2,696 |
| Mirpur | PKR 217,400 | PKR 2,696 |
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