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US Pompeo arrives in Saudi Arabia for Iran talks

Web Desk 03:00 PM | 24 Jun, 2019
US Pompeo arrives in Saudi Arabia for Iran talks
WASHINGTON – US Secretary of State Mike Pompeo on Monday arrived in Riyadh for talks with Saudi officials on tension with Iran.

Pompeo is expected to meet with Saudi King Salman bin Abdulaziz and Crown Prince Mohamed bin Salman in Jeddah city before heading to the United Arab Emirates (UAE), the Saudi-funded Al-Arabiya television said.

On Sunday, Pompeo announced he was leaving for the Middle East to meet allies in the region to form a "global coalition" against Iran.

Pompeo's visit comes only days after the US and Iran came to the brink of war last week after Tehran shot down an American surveillance drone over the Strait of Hormuz.

US President Donald Trump, meanwhile, said he called off a retaliatory strike against Iran in the last minute because it wouldn't be a "proportionate" response.

Pompeo mentioned that the US administration was ready for negotiations with Iran.

Tensions have been rising between the US and Iran since May 2018 when Washington unilaterally withdrew from a landmark 2015 nuclear deal between Tehran and the five permanent members of the UN Security Council plus Germany and the EU.

The US has since embarked upon a diplomatic and economic campaign to ramp up pressure on Iran to force it to renegotiate the agreement.

Part of its campaign has included the re-imposition of US sanctions on exports of Iranian crude oil, which has sent the Iranian economy into a nosedive.

The US has also increased its military presence in the Middle East, deploying a carrier strike force, bomber task force and Patriot missile battery and using threats from Iran as justification for the actions.

Two weeks ago, the Trump administration announced it would be sending an additional 1,000 troops to the Middle East, citing "increased threats" from Iran.

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Today's currency exchange rates in Pakistan - Dollar, Euro, Pound, Riyal rates on June 3, 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 03, 2023 (Saturday).

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

Currency Symbol Buying Selling
US Dollar ‎USD 298.9 302.15
Euro EUR 321 325
UK Pound Sterling GBP 375.5 380
U.A.E Dirham AED 82 83
Saudi Riyal SAR 80 81.2
Australian Dollar AUD 202 204
Bahrain Dinar BHD 758.24 766.24
Canadian Dollar CAD 228 230
China Yuan CNY 40.18 40.58
Danish Krone DKK 41.16 41.56
Hong Kong Dollar HKD 36.39 36.74
Indian Rupee INR 3.45 3.56
Japanese Yen JPY 2 2.08
Kuwaiti Dinar KWD 927.05 936.05
Malaysian Ringgit MYR 61.94 62.54
New Zealand Dollar NZD 173.16 175.16
Norwegians Krone NOK 25.67 25.97
Omani Riyal OMR 740.5 748.5
Qatari Riyal ‎QAR 78.37 79.07
Singapore Dollar SGD 220 222
Swedish Korona SEK 26.36 26.66
Swiss Franc CHF 314.07 316.57
Thai Bhat THB 8.21 8.36

Today's gold rates in Pakistan | gold price in Pakistan – June 3, 2023

Gold Rate In Pakistan Today:

KARACHI – The price of a single tola of 24-karat gold in Pakistan is Rs 232,500 on Saturday. 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.

Gold Price in Pakistan: Lahore, Karachi, Islamabad

City Gold Silver
Lahore PKR 230,800 PKR 2125
Karachi PKR 230,800 PKR 2125
Islamabad PKR 230,800 PKR 2125
Peshawar PKR 230,800 PKR 2125
Quetta PKR 230,800 PKR 2125
Sialkot PKR 230,800 PKR 2125
Attock PKR 230,800 PKR 2125
Gujranwala PKR 230,800 PKR 2125
Jehlum PKR 230,800 PKR 2125
Multan PKR 230,800 PKR 2125
Bahawalpur PKR 230,800 PKR 2125
Gujrat PKR 230,800 PKR 2125
Nawabshah PKR 230,800 PKR 2125
Chakwal PKR 230,800 PKR 2125
Hyderabad PKR 230,800 PKR 2125
Nowshehra PKR 230,800 PKR 2125
Sargodha PKR 232,500 PKR 2125
Faisalabad PKR 232,500 PKR 2125
Mirpur PKR 232,500 PKR 2125

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