KARACHI – The total foreign exchange reserves of Pakistan crossed the US$10 billion mark while reserves held by the central bank moved up to US $4.6 billion after recent inflows.
In a statement, the State Bank of Pakistan said the total liquid foreign reserves held by the South Asian nation currently stand at US $10.13 billion as of March 17, 2023.
The recent development comes as the central bank received US$500 million as GoP commercial loan disbursement and after accounting for external debt repayments.
As of now, net foreign reserves held by commercial banks stood at US$5.54 billion, while reserves held by the State Bank were US$ 4.59 billion.
Earlier, crisis-hit Pakistan assured global lender that it would increase its foreign exchange reserves to $10 billion by the end of June. The global financial institution wants Islamabad to receive assurances for up to $7 billion to manage the balance of payments gap.
Meanwhile, the South Asian nation is desperately awaiting a tranche of $1.1 billion from the International Monetary Fund that has been delayed since last year.
Daily Pakistan Global Web Desk
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 08, 2023 (Thursday).
Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency | Symbol | Buying | Selling |
US Dollar | USD | 300 | 303 |
Euro | EUR | 319 | 322 |
UK Pound Sterling | GBP | 371 | 375 |
U.A.E Dirham | AED | 82.6 | 83.7 |
Saudi Riyal | SAR | 79 | 79.5 |
Australian Dollar | AUD | 202 | 204 |
Bahrain Dinar | BHD | 759.46 | 767.46 |
Canadian Dollar | CAD | 227 | 230 |
China Yuan | CNY | 40.28 | 40.68 |
Danish Krone | DKK | 41.09 | 41.49 |
Hong Kong Dollar | HKD | 36.4 | 36.75 |
Indian Rupee | INR | 3.46 | 3.57 |
Japanese Yen | JPY | 1.98 | 2.06 |
Kuwaiti Dinar | KWD | 928.09 | 937.09 |
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 | 222.5 | 225 |
Swedish Korona | SEK | 26.36 | 26.65 |
Swiss Franc | CHF | 313.87 | 316.35 |
Thai Bhat | THB | 8.21 | 8.36 |
KARACHI – The price of a single tola of 24-karat gold in Pakistan is Rs 226,500 on Thursday. The price of 10 grams of 24k gold was recorded at Rs194,190.
Likewise, 10 grams of 22k gold were being traded for Rs178,006 while a single tola of 22-karat gold was being sold at Rs 207,623.
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 226,500 | PKR 2125 |
Karachi | PKR 226,500 | PKR 2125 |
Islamabad | PKR 226,500 | PKR 2125 |
Peshawar | PKR 226,500 | PKR 2125 |
Quetta | PKR 226,500 | PKR 2125 |
Sialkot | PKR 226,500 | PKR 2125 |
Attock | PKR 226,500 | PKR 2125 |
Gujranwala | PKR 226,500 | PKR 2125 |
Jehlum | PKR 226,500 | PKR 2125 |
Multan | PKR 226,500 | PKR 2125 |
Bahawalpur | PKR 226,500 | PKR 2125 |
Gujrat | PKR 226,500 | PKR 2125 |
Nawabshah | PKR 226,500 | PKR 2125 |
Chakwal | PKR 226,500 | PKR 2125 |
Hyderabad | PKR 226,500 | PKR 2125 |
Nowshehra | PKR 226,500 | PKR 2125 |
Sargodha | PKR 226,500 | PKR 2125 |
Faisalabad | PKR 226,500 | PKR 2125 |
Mirpur | PKR 226,500 | PKR 2125 |
Daily Pakistan diligently monitors and updates the current gold rates in Pakistan on a daily basis
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