WASHINGTON – The US State Department spokesperson said that Washington is aware of the economic challenges faced by Pakistan and wants to see the country in a stable position.
Ned Price made these remarks during the weekly press briefing, where he was questioned about Islamabad’s severe economic crisis as the forex reserves held by the country’s central bank dropped to a critical level in recent times.
Responding to the question, Price said the United States wants to see the South Asian county in an economically sustainable position. We are aware of the development, he said, adding that Pakistan has been working with global lenders including International Monetary Fund (IMF) to chalk out future strategy.
He however admitted to being ineffectual, saying ‘we are supportive where we can be of our Pakistani partners’, and called it matters between the Pakistani government and international financial institutions.
When asked about suggestions for Pakistan to take some immediate steps which could improve the economy, Price said these matters are often between the Department of the Treasury and our Pakistani partners.
He made these remarks as the South Asian country is facing the worst economic crisis after last year’s floods, and is approaching allies seeking funds as talks between Pakistan and the IMF for next tranche of loan remained suspended.
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 21, 2023 (Tuesday).
Source: Forex Association of Pakistan. (last update 09:00 AM)
|UK Pound Sterling||GBP||340.5||344|
|Hong Kong Dollar||HKD||35.9||36.25|
|New Zealand Dollar||NZD||176.66||178.6|
KARACHI - The price of a single tola of 24-karat gold in Pakistan is Rs 204,700 on Tuesday.The price of 10 grams of 24k gold was recorded at Rs175,500.
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 190,849.
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 204,700||PKR 2,390|
|Karachi||PKR 204,700||PKR 2,390|
|Islamabad||PKR 204,700||PKR 2,390|
|Peshawar||PKR 204,700||PKR 2,390|
|Quetta||PKR 204,700||PKR 2,390|
|Sialkot||PKR 204,700||PKR 2,390|
|Attock||PKR 204,700||PKR 2,390|
|Gujranwala||PKR 204,700||PKR 2,390|
|Jehlum||PKR 204,700||PKR 2,390|
|Multan||PKR 204,700||PKR 2,390|
|Bahawalpur||PKR 204,700||PKR 2,390|
|Gujrat||PKR 204,700||PKR 2,390|
|Nawabshah||PKR 204,700||PKR 2,390|
|Chakwal||PKR 204,700||PKR 2,390|
|Hyderabad||PKR 204,700||PKR 2,390|
|Nowshehra||PKR 204,700||PKR 2,390|
|Sargodha||PKR 204,700||PKR 2,390|
|Faisalabad||PKR 204,700||PKR 2,390|
|Mirpur||PKR 204,700||PKR 2,390|
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