ISLAMABAD – The International Monetary Fund has placed Pakistan at the 180th spot out of 190 countries in terms of the ratio of fiscal revenue to GDP.
The South Asian country, which is facing economic woes due to depleting foreign exchange reserves, has fiscal revenue to GDP ratio at 12.1 percent.
Among other countries in the region, Bangladesh ranked 183rd with a ratio of 9.6% while Sri Lanka fiscal revenue to GDP ratio recorded at 8.8% and Iran's at 8.3%. Somalia was ranked lowest at 190th with 7% in the list.
Among the countries with a high ratio, Libya is on the top of the list with 68.2%, followed by Norway 63.7%, Kuwait 54.9%, France 53.3% and Finland 51.9%.
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 February 03, 2023 (Friday).
Source: Forex Association of Pakistan. (last update 09:00 AM)
|UK Pound Sterling||GBP||335.5||336.2|
|Hong Kong Dollar||HKD||34.19||34.54|
|New Zealand Dollar||NZD||173.25||175.25|
KARACHI – The price of a single tola of 24-karat gold in Pakistan is Rs 212,900 on Friday. The price of 10 grams of 24k gold was recorded at Rs182,530.
Likewise, 10 grams of 22k gold were being traded for Rs167,318 while a single tola of 22-karat gold was being sold at Rs 195,157.
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 212,900||PKR 2,420|
|Karachi||PKR 212,900||PKR 2,420|
|Islamabad||PKR 212,900||PKR 2,420|
|Peshawar||PKR 212,900||PKR 2,420|
|Quetta||PKR 212,900||PKR 2,420|
|Sialkot||PKR 212,900||PKR 2,420|
|Attock||PKR 212,900||PKR 2,420|
|Gujranwala||PKR 212,900||PKR 2,420|
|Jehlum||PKR 212,900||PKR 2,420|
|Multan||PKR 212,900||PKR 2,420|
|Bahawalpur||PKR 212,900||PKR 2,420|
|Gujrat||PKR 212,900||PKR 2,420|
|Nawabshah||PKR 212,900||PKR 2,420|
|Chakwal||PKR 212,900||PKR 2,420|
|Hyderabad||PKR 212,900||PKR 2,420|
|Nowshehra||PKR 212,900||PKR 2,420|
|Sargodha||PKR 212,900||PKR 2,420|
|Faisalabad||PKR 212,900||PKR 2,420|
|Mirpur||PKR 212,900||PKR 2,420|