ISLAMABAD – Pakistani Foreign Minister Bilawal Bhutto Zardari will undertake a two-day official visit to Moscow from tomorrow at the invitation of his Russian counterpart Sergey Lavrov.
Bilawal Bhutto Zardari will hold talks with the Russian Foreign Minister on the entire spectrum of bilateral relations. Both the sides will also exchange views on regional and international issues of mutual interest.
The FM's visit is scheduled at a time when Russia is set to start exporting oil to energy-starved Pakistan. Russia will sell crude, petrol and diesel oil to Pakistan at discounted prices, Pakistan’s state minister for petroleum said in December, days after he led a government team to Moscow to negotiate the deal. Pakistan’s foreign minister is due to hold talks in Moscow on Monday.
Historically, Pakistan has had no major commercial energy ties with Moscow. It currently depends on oil from Gulf countries, which often extend facilities such as deferred payments and can supply with lower transport costs, given Pakistan’s proximity.
Pakistani rupee's value remained stable against US dollar, Euro, Pound, Dirham, Riyal and other currencies in the open market.
On Monday, the US dollar was being quoted at 285.15 for buying and 287.95 for selling.
Euro rate stands at 309.9 for buying and 310.5 for selling. British Pound GBP rate stands at 359.4 for buying, and 360.05 for selling.
UAE Dirham AED currently hovers around 77.45 while rate of Saudi Riyal stands at 75.82.
|UK Pound Sterling||GBP||359.4||360.05|
|Hong Kong Dollar||HKD||36.38||36.48|
|New Zealand Dollar||NZD||173.44||175.44|
The gold remained under pressure as the precious metal moved down despite an upward trend in the international market.
On the first day of the week, the price of a single tola of 24-karat gold stands at Rs217,000 and 10 grams of 24k gold costs Rs186,043
A single tola of 22-karat gold costs Rs170,539, while 21 karat rate for each tola is Rs. 192,325 and the price of 18k gold is Rs164,850.
In the global market, gold prices hover at around $2086, gaining $14.44 on Monday.
|Lahore||PKR 217,000||PKR 2,720|
|Karachi||PKR 217,000||PKR 2,720|
|Islamabad||PKR 217,000||PKR 2,720|
|Peshawar||PKR 217,000||PKR 2,720|
|Quetta||PKR 217,000||PKR 2,720|
|Sialkot||PKR 217,000||PKR 2,720|
|Attock||PKR 217,000||PKR 2,720|
|Gujranwala||PKR 217,000||PKR 2,720|
|Jehlum||PKR 217,000||PKR 2,720|
|Multan||PKR 217,000||PKR 2,720|
|Bahawalpur||PKR 217,000||PKR 2,720|
|Gujrat||PKR 217,000||PKR 2,720|
|Nawabshah||PKR 217,000||PKR 2,720|
|Chakwal||PKR 217,000||PKR 2,720|
|Hyderabad||PKR 217,000||PKR 2,720|
|Nowshehra||PKR 217,000||PKR 2,720|
|Sargodha||PKR 217,000||PKR 2,720|
|Faisalabad||PKR 217,000||PKR 2,720|
|Mirpur||PKR 217,000||PKR 2,720|