The Commission amended the rules under which the baseline paid-up capital requirement for non-life and life insurance companies has been prescribed as 500 million rupees and 700 million rupees respectively.
These new capital requirements would be applied in a phased manner. The existing insurance companies would be allowed a period of two years to meet the said requirements.
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 29, 2023 (Wednesday)
Source: Forex Association of Pakistan. (last update 09:00 AM)
|UK Pound Sterling||GBP||347.5||351|
|Hong Kong Dollar||HKD||35.92||36.27|
|New Zealand Dollar||NZD||175.57||177.59|
KARACHI - The price of a single tola of 24-karat gold in Pakistan is Rs 205,700 on Wednesday. The price of 10 grams of 24k gold was recorded at Rs176,360.
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 190,880.
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 205,700||PKR 2,445|
|Karachi||PKR 205,700||PKR 2,445|
|Islamabad||PKR 205,700||PKR 2,445|
|Peshawar||PKR 205,700||PKR 2,445|
|Quetta||PKR 205,700||PKR 2,445|
|Sialkot||PKR 205,700||PKR 2,445|
|Attock||PKR 205,700||PKR 2,445|
|Gujranwala||PKR 205,700||PKR 2,445|
|Jehlum||PKR 205,700||PKR 2,445|
|Multan||PKR 205,700||PKR 2,445|
|Bahawalpur||PKR 205,700||PKR 2,445|
|Gujrat||PKR 205,700||PKR 2,445|
|Nawabshah||PKR 205,700||PKR 2,445|
|Chakwal||PKR 205,700||PKR 2,445|
|Hyderabad||PKR 205,700||PKR 2,445|
|Nowshehra||PKR 205,700||PKR 2,445|
|Sargodha||PKR 205,700||PKR 2,445|
|Faisalabad||PKR 205,700||PKR 2,445|
|Mirpur||PKR 205,700||PKR 2,445|
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