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Honda again increases car prices by up to Rs0.5million; check new rates

Web Desk 10:38 AM | 18 Feb, 2023
Honda again increases car prices by up to Rs0.5million; check new rates
Source: File Photo

KARACHI – Honda Atlas Cars, the manufacturer of Honda vehicles in Pakistan, jacked up the prices of its vehicles for the third time in two months, with the recent surge being as high as Rs0.55 million.

In a notice sent to its dealers on Friday, the carmaker notified new rates for all of its vehicles. The new prices will come into effect from February 18, 2023.

Honda followed the ongoing trend under which top manufacturers have raised the prices of cars and motorbikes. The company flagged the devaluation of the local currency against dollar, volatile business situation and increase in sales tax as reasons behind the increase.

The price of City MT 1.2L has been hiked from Rs4.32 million to Rs4.57 million, an increase of Rs250,000. BRV CVT is now available at Rs5.94 million after an upward price revision of Rs300,000.

The price of the Civic 1.5 Turbo model saw a hike of Rs480,000 to Rs7.79 million. The car was earlier priced at Rs7.29 million. The rate of the high-end Civic 1.5 Turbo LL CVT has been raised from Rs8.64 million to Rs9.19 million, an increase of Rs0.5 million.

The new car prices are as follows:

https://twitter.com/PakWheels/status/1626683043099426821

Last month, Honda Atlas increased the prices of its entire line-up by up to Rs550,000. The company then revised the prices of its vehicles for the second time on February 6.

Web Desk
Web Desk

Daily Pakistan Global Web Desk

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Today's currency exchange rates in Pakistan - Dollar, Euro, Pound, Riyal rates on June 2, 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 June 2, 2023 (Friday).

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

Currency Symbol Buying Selling
US Dollar ‎USD 299 302
Euro EUR 321 325
UK Pound Sterling GBP 375.5 380
U.A.E Dirham AED 80 81
Saudi Riyal SAR 79 79
Australian Dollar AUD 198 200
Bahrain Dinar BHD 758.25 766.25
Canadian Dollar CAD 226 228
China Yuan CNY 40.26 40.66
Danish Krone DKK 41.04 41.44
Hong Kong Dollar HKD 36.39 36.74
Indian Rupee INR 3.45 3.56
Japanese Yen JPY 2.25 2.45
Kuwaiti Dinar KWD 927.17 936.17
Malaysian Ringgit MYR 61.94 62.54
New Zealand Dollar NZD 172.79 174.79
Norwegians Krone NOK 25.67 25.97
Omani Riyal OMR 740.96 748.96
Qatari Riyal ‎QAR 78.37 79.07
Singapore Dollar SGD 220 222
Swedish Korona SEK 26.36 26.66
Swiss Franc CHF 315.04 317.54
Thai Bhat THB 8.21 8.36

Today's gold rates in Pakistan – June 2, 2023

KARACHI – The price of a single tola of 24-karat gold in Pakistan is Rs 230,000 on Friday. The price of 10 grams of 24k gold was recorded at Rs197,190.   

Likewise, 10 grams of 22k gold were being traded for Rs180,756 while a single tola of 22-karat gold was being sold at Rs 210,832.

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 230,000 PKR 2125
Karachi PKR 230,000 PKR 2125
Islamabad PKR 230,000 PKR 2125
Peshawar PKR 230,000 PKR 2125
Quetta PKR 230,000 PKR 2125
Sialkot PKR 230,000 PKR 2125
Attock PKR 230,000 PKR 2125
Gujranwala PKR 230,000 PKR 2125
Jehlum PKR 230,000 PKR 2125
Multan PKR 230,000 PKR 2125
Bahawalpur PKR 230,000 PKR 2125
Gujrat PKR 230,000 PKR 2125
Nawabshah PKR 230,000 PKR 2125
Chakwal PKR 230,000 PKR 2125
Hyderabad PKR 229,000 PKR 2125
Nowshehra PKR 229,000 PKR 2125
Sargodha PKR 229,000 PKR 2125
Faisalabad PKR 229,000 PKR 2125
Mirpur PKR 229,000 PKR 2125

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