ISLAMABAD – The federal government has filed a petition with the National Electric Power Regulatory Authority (Nepra) seeking Rs6 per unit increase in power tariff for consumers of Karachi Electric (KE)
The power regulator will hear the application on April 3. The government will collect the additional amount from the consumers from the period of April to June 2023 fi the application is approved.
The increase in the electricity prices will add to the woes of the millions of Pakistanis facing record inflation that has surged to 48-year high.
The cash-strapped country is making all possible efforts to win over the trust of the International Monetary Fund (IMF) for release of the ninth tranche of loan stalled since last year.
A key hurdle in the revival of the bailout package is the major demand of the global lander regarding assurance from the friendly countries for external financing. The South Asian country is trying to woo Saudi Arabia and the United Arab Emirates (UAE) to get their assurance however it is yet to receive positive signals.
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 1, 2023 (Thursday).
Source: Forex Association of Pakistan. (last update 09:00 AM)
|UK Pound Sterling||GBP||382.5||386.3|
|Hong Kong Dollar||HKD||36.39||36.74|
|New Zealand Dollar||NZD||172.79||174.79|
KARACHI – The price of a single tola of 24-karat gold in Pakistan is Rs 230,500 on Thursday. The price of 10 grams of 24k gold was recorded at Rs197,620.
Likewise, 10 grams of 22k gold were being traded for Rs181,150 while a single tola of 22-karat gold was being sold at Rs 211,290.
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 230,500||PKR 2125|
|Karachi||PKR 230,500||PKR 2125|
|Islamabad||PKR 230,500||PKR 2125|
|Peshawar||PKR 230,500||PKR 2125|
|Quetta||PKR 230,500||PKR 2125|
|Sialkot||PKR 230,500||PKR 2125|
|Attock||PKR 230,500||PKR 2125|
|Gujranwala||PKR 230,500||PKR 2125|
|Jehlum||PKR 230,500||PKR 2125|
|Multan||PKR 230,500||PKR 2125|
|Bahawalpur||PKR 230,500||PKR 2125|
|Gujrat||PKR 230,500||PKR 2125|
|Nawabshah||PKR 230,500||PKR 2125|
|Chakwal||PKR 230,500||PKR 2125|
|Hyderabad||PKR 230,500||PKR 2125|
|Nowshehra||PKR 230,500||PKR 2125|
|Sargodha||PKR 230,500||PKR 2125|
|Faisalabad||PKR 230,500||PKR 2125|
|Mirpur||PKR 230,500||PKR 2125|
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