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PM Shehbaz takes notice of shortage of essential medicines in Pakistan
ISLAMABAD – Prime Minister Shehbaz Sharif has taken notice of reports about absence of essential medicines in the country and sought a report from top health body.
Following the directives, the Drug Regulatory Authority of Pakistan’s (DRAP) Committee on Life Saving Drugs has launched an investigation into the matter. It has asked all federal and provincial authorities to submit a report in this regard by today.
A letter sent to the DRAP stated that around 60 essential medicines, including those for psychiatric illnesses, tuberculosis, neurological disorders and cancer, are not available in the market.
Meanwhile, pharmaceutical industry said that various companies had stopped production of these medicines due to an exponential increase in raw material costs and devaluation of the Pakistani currency.
It said that more than 90 percent of raw materials for drug manufacturing in Pakistan are imported.
The industry warned that shortage of medicines in the South Asian country will deepen further if prices are not jacked up.
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Rupee loses ground against US dollar, Euro, Pound and other currencies; Check forex rates here
Pakistani rupee continue to witness further losses against US dollar in the open market on despite positive economic indicators and massive surge in Stock Market.
Dollar Rate in Pakistan Today
On Tuesday, the dollar was being quoted at 285.1 for selling and 288.15 for buying purposes for customers.
Euro price moves down by Rs2 to 312 for buying and 315 for selling. British Pound rate stands at 358.5 for buying, and 362 for selling after increase.
UAE Dirham AED stands at 78 whereas the Saudi Riyal also witnessed fall and new price stands at 76.25.
Today's currency exchange rates in Pakistan - 28 November 2022
| Currency | Symbol | Buying | Selling |
| US Dollar | USD | 285.1 | 288.15 |
| Euro | EUR | 312 | 315 |
| UK Pound Sterling | GBP | 358.5 | 362 |
| U.A.E Dirham | AED | 78 | 78.75 |
| Saudi Riyal | SAR | 76.25 | 77 |
| Australian Dollar | AUD | 186 | 187.5 |
| Bahrain Dinar | BHD | 759 | 767 |
| Canadian Dollar | CAD | 208 | 210 |
| China Yuan | CNY | 39.93 | 40.33 |
| Danish Krone | DKK | 41.88 | 42.28 |
| Hong Kong Dollar | HKD | 36.24 | 36.59 |
| Indian Rupee | INR | 3.39 | 3.5 |
| Japanese Yen | JPY | 1.55 | 1.63 |
| Kuwaiti Dinar | KWD | 916.38 | 925.38 |
| 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 | 210 | 212 |
| Swedish Korona | SEK | 26.93 | 27.23 |
| Swiss Franc | CHF | 323.37 | 325.87 |
| Thai Bhat | THB | 8 | 8.04 |
Gold price in Pakistan moves up amid positive global cues; Check today gold price here
KARACHI – Gold continues to move upward in local market amid surge in international rates.
Gold Rates in Pakistan Today - 28 November 2023
On Tuesday, the single tola of 24 Karat gold was available at Rs217,600, and the price for 10-gram gold saw increase of Rs943 to reach Rs186,557.
Globally, yellow metal went up by $12 to settle at $2,015 per ounce.
Last week, per tola gold price increased by Rs800 per tola, and it hovers around two month high.
Today Gold Rate in Pakistan
| City | Gold | Silver |
| Lahore | PKR 217,600 | PKR 2,600 |
| Karachi | PKR 217,600 | PKR 2,600 |
| Islamabad | PKR 217,600 | PKR 2,600 |
| Peshawar | PKR 217,600 | PKR 2,600 |
| Quetta | PKR 217,600 | PKR 2,600 |
| Sialkot | PKR 217,600 | PKR 2,600 |
| Attock | PKR 217,600 | PKR 2,600 |
| Gujranwala | PKR 217,600 | PKR 2,600 |
| Jehlum | PKR 217,600 | PKR 2,600 |
| Multan | PKR 217,600 | PKR 2,600 |
| Bahawalpur | PKR 217,600 | PKR 2,600 |
| Gujrat | PKR 217,600 | PKR 2,600 |
| Nawabshah | PKR 217,600 | PKR 2,600 |
| Chakwal | PKR 217,600 | PKR 2,600 |
| Hyderabad | PKR 217,600 | PKR 2,600 |
| Nowshehra | PKR 217,600 | PKR 2,600 |
| Sargodha | PKR 217,600 | PKR 2,600 |
| Faisalabad | PKR 217,600 | PKR 2,600 |
| Mirpur | PKR 217,600 | PKR 2,600 |
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