The project to replace all the current petrol powered cars is estimated to cost taxi operators $1.3 billion (9 billion yuan).
Some 67,000 of Beijing's 71,000 taxis currently run on petrol. A conventional car is estimated to cost around $10,000, with an electric vehicle double that amount, at $20,000.
Electric cars have a smaller carbon footprint than conventional cars, which would help reduce CO2 emissions in Beijing.
Beijing and its surrounding states suffer greatly from crippling pollution, thanks to the heavy industries up north. Earlier this year, Beijing cancelled dozens of flights at its airport and suspended buses due to heavy smog - and issued a pollution "red alert."
According to a study in 2015, air pollution is killing about 4,000 people in China each day.
The writer is a member of the staff.
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 23, 2023 (Thursday).
Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency | Symbol | Buying | Selling |
US Dollar | USD | 283.1 | 286.15 |
Euro | EUR | 302.5 | 305.5 |
UK Pound Sterling | GBP | 343.5 | 347 |
U.A.E Dirham | AED | 77.2 | 78 |
Saudi Riyal | SAR | 75.4 | 76.2 |
Australian Dollar | AUD | 187 | 189.4 |
Bahrain Dinar | BHD | 749.55 | 757.55 |
Canadian Dollar | CAD | 205 | 207.2 |
China Yuan | CNY | 40.91 | 41.31 |
Danish Krone | DKK | 40.77 | 41.17 |
Hong Kong Dollar | HKD | 35.92 | 36.27 |
Indian Rupee | INR | 3.41 | 3.52 |
Japanese Yen | JPY | 2.06 | 2.11 |
Kuwaiti Dinar | KWD | 919.22 | 928.22 |
Malaysian Ringgit | MYR | 62.85 | 63.45 |
New Zealand Dollar | NZD | 176.66 | 178.66 |
Norwegians Krone | NOK | 26.33 | 26.63 |
Omani Riyal | OMR | 731.97 | 739.97 |
Qatari Riyal | QAR | 77.43 | 78.13 |
Singapore Dollar | SGD | 208 | 210 |
Swedish Korona | SEK | 26.5 | 26.8 |
Swiss Franc | CHF | 305.12 | 307.62 |
Thai Bhat | THB | 8.19 | 8.34 |
KARACHI – The price of a single tola of 24-karat gold in Pakistan is Rs 203,800 on Thursday. The price of 10 grams of 24k gold was recorded at Rs174,730.
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.
City | Gold | Silver |
Lahore | PKR 203,800 | PKR 2,350 |
Karachi | PKR 203,800 | PKR 2,350 |
Islamabad | PKR 203,800 | PKR 2,350 |
Peshawar | PKR 203,800 | PKR 2,350 |
Quetta | PKR 203,800 | PKR 2,350 |
Sialkot | PKR 203,800 | PKR 2,350 |
Attock | PKR 203,800 | PKR 2,350 |
Gujranwala | PKR 203,800 | PKR 2,350 |
Jehlum | PKR 203,800 | PKR 2,350 |
Multan | PKR 203,800 | PKR 2,350 |
Bahawalpur | PKR 203,800 | PKR 2,350 |
Gujrat | PKR 203,800 | PKR 2,350 |
Nawabshah | PKR 203,800 | PKR 2,350 |
Chakwal | PKR 203,800 | PKR 2,350 |
Hyderabad | PKR 203,800 | PKR 2,350 |
Nowshehra | PKR 203,800 | PKR 2,350 |
Sargodha | PKR 203,800 | PKR 2,350 |
Faisalabad | PKR 203,800 | PKR 2,350 |
Mirpur | PKR 203,800 | PKR 2,350 |
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