The premier will first land in Madinah and then head to Riyadh for the Future Investment Initiative (FII) summit, which is being hosted by Saudi Crown Prince Mohammad bin Salman from 23 to 25 October.
The conference is termed as "Davos in the desert" and it will host leading businesspersons, investors, corporate giants, representatives of hi-tech industry and major media outlets at one platform.
The prime minister's participation in the first day of the conference is aimed at projecting Pakistan's economic and investment potential and the Prime Minister's vision of the country in the five years to come. The Conference provides an opportunity to interact with important business leaders who are interested in investing in Pakistan, the foreign office press release said.
The premier will also call on King Salman and meet Crown Prince Muhammad Bin Salman. Matters of mutual interest will be discussed.
Officials and business leaders including US Treasury Secretary Steve Mnuchin, IMF Managing Director Christine Lagarde and JPMorgan Chase CEO Jamie Dimon are also set to attend an investment summit.
PM Khan went to Saudi Arabia on his first official visit on September 18 amid reports of Pakistan seeking the kingdom’s help in resolving its financial woes. Information Minister Fawad Chaudhary stated that Pakistan will further strengthen its relation with Beijing.
The prime minister is also scheduled to leave for a three-day visit to China on November 3.
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 06, 2023 (Tuesday).
Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency | Symbol | Buying | Selling |
US Dollar | USD | 304.9 | 308.15 |
Euro | EUR | 322 | 325 |
UK Pound Sterling | GBP | 377 | 381 |
U.A.E Dirham | AED | 83.5 | 84.5 |
Saudi Riyal | SAR | 80.5 | 81.5 |
Australian Dollar | AUD | 202 | 204 |
Bahrain Dinar | BHD | 758.82 | 766.80 |
Canadian Dollar | CAD | 226 | 230 |
China Yuan | CNY | 40.28 | 40.68 |
Danish Krone | DKK | 41.03 | 41.43 |
Hong Kong Dollar | HKD | 36.4 | 36.75 |
Indian Rupee | INR | 3.46 | 3.57 |
Japanese Yen | JPY | 2 | 2.08 |
Kuwaiti Dinar | KWD | 925.2 | 934.2 |
Malaysian Ringgit | MYR | 61.94 | 62.54 |
New Zealand Dollar | NZD | 173.16 | 175.16 |
Norwegians Krone | NOK | 25.88 | 26.18 |
Omani Riyal | OMR | 742.38 | 750.38 |
Qatari Riyal | QAR | 78.38 | 79.08 |
Singapore Dollar | SGD | 220 | 222 |
Swedish Korona | SEK | 26.36 | 26.66 |
Swiss Franc | CHF | 313.87 | 316.37 |
Thai Bhat | THB | 8.21 | 8.36 |
KARACHI – The price of a single tola of 24-karat gold in Pakistan is Rs 228,900 on Wednesday. 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 228,900 | PKR 2125 |
Karachi | PKR 228,900 | PKR 2125 |
Islamabad | PKR 228,900 | PKR 2125 |
Peshawar | PKR 228,900 | PKR 2125 |
Quetta | PKR 228,900 | PKR 2125 |
Sialkot | PKR 228,900 | PKR 2125 |
Attock | PKR 228,900 | PKR 2125 |
Gujranwala | PKR 228,900 | PKR 2125 |
Jehlum | PKR 228,900 | PKR 2125 |
Multan | PKR 228,900 | PKR 2125 |
Bahawalpur | PKR 228,900 | PKR 2125 |
Gujrat | PKR 228,900 | PKR 2125 |
Nawabshah | PKR 228,900 | PKR 2125 |
Chakwal | PKR 228,900 | PKR 2125 |
Hyderabad | PKR 228,900 | PKR 2125 |
Nowshehra | PKR 228,900 | PKR 2125 |
Sargodha | PKR 228,900 | PKR 2125 |
Faisalabad | PKR 228,900 | PKR 2125 |
Mirpur | PKR 228,900 | PKR 2125 |
Daily Pakistan diligently monitors and updates the current gold rates in Pakistan on a daily basis
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