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Pakistan suspends visa abolition agreement with Kuwait
He pronounced the decision was taken by Interior Minister Chaudhry Nisar Ali Khan in the backdrop of difficulties faced by the Pakistani government officials and diplomats during their travel to Kuwait.
Chaudhry Nisar Ali Khan said that despite the pact with Kuwait, government officials holding blue and diplomatic passports were still required to obtain a visa for travel to Kuwait, which was against the spirit of the arrangement.
The Minister said visa regimes and agreements were meant to ease the travel of government officials but the agreement was not reciprocated or mutually beneficial.
The accord was signed between the two countries in November 2013 for waiver of visa requirements for holders of diplomatic, special and official recommendations.
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Pakistani rupee recovers against US dollar, Euro, Pound, Dirham and Riyal; check forex rates
Pakistani rupee continues recovering losses against US dollar and other currencies amid positive economic cues.
Dollar Rate in Pakistan Today
On Tuesday, the US dollar moved down and was being quoted at 283.6 for buying and 286.65 for selling.
Euro slides down to 309 for buying and 312 for selling. British Pound rate inches up to 360 for buying, and 363.5 for selling.
UAE Dirham AED dropped to 77.50 whereas the Saudi Riyal rate stands at 75.90.
Today's currency exchange rates in Pakistan - 5 December 2023
Source: Forex Association of Pakistan. (last update 09:00 AM)
| Currency | Symbol | Buying | Selling |
|---|---|---|---|
| US Dollar | USD | 283.6 | 286.65 |
| Euro | EUR | 309 | 312 |
| UK Pound Sterling | GBP | 360 | 363.5 |
| U.A.E Dirham | AED | 77.5 | 78.2 |
| Saudi Riyal | SAR | 75.9 | 76.7 |
| Australian Dollar | AUD | 187.72 | 188.22 |
| Bahrain Dinar | BHD | 757.72 | 765.72 |
| Canadian Dollar | CAD | 209 | 211 |
| China Yuan | CNY | 39.93 | 40.33 |
| Danish Krone | DKK | 41.59 | 41.99 |
| Hong Kong Dollar | HKD | 36.46 | 36.81 |
| Indian Rupee | INR | 3.42 | 3.53 |
| Japanese Yen | JPY | 1.49 | 1.56 |
| Kuwaiti Dinar | KWD | 922.11 | 931.11 |
| Malaysian Ringgit | MYR | 60.97 | 61.57 |
| New Zealand Dollar | NZD | 175.89 | 177.89 |
| Norwegians Krone | NOK | 26.68 | 26.98 |
| Omani Riyal | OMR | 740.01 | 748.01 |
| Qatari Riyal | QAR | 78.27 | 78.97 |
| Singapore Dollar | SGD | 211 | 213 |
| Swedish Korona | SEK | 27.45 | 27.75 |
| Swiss Franc | CHF | 327.65 | 330.15 |
| Thai Bhat | THB | 8.16 | 8.31 |
Gold Rates in Pakistan - Check today gold price - 5 December 2023
The gold remained under pressure in Pakistan amid a huge drop in price of the precious metal despite in the international market.
Gold Rates in Pakistan Today - 5 December 2023
On Tuesday, the price of a single tola of 24-karat gold stands at Rs218,500 and 10 grams of 24k gold costs Rs187,330.
Single tola of 24 karat is Rs218,500, 22 Karat Gold costs Rs200,290, rate of 21 karat gold stands at Rs191,190 whereas 18k gold rate is Rs163,875.00 for each tola.
In the global market, gold saw huge drop in price, coming down to $2037 per ounce after drop of $81.79.
Today Gold Rate in Pakistan
| City | Gold | Silver | |
| Lahore | PKR 218,500 | PKR 2,720 | |
| Karachi | PKR 218,500 | PKR 2,720 | |
| Islamabad | PKR 218,500 | PKR 2,720 | |
| Peshawar | PKR 218,500 | PKR 2,720 | |
| Quetta | PKR 218,500 | PKR 2,720 | |
| Sialkot | PKR 218,500 | PKR 2,720 | |
| Attock | PKR 218,500 | PKR 2,720 | |
| Gujranwala | PKR 218,500 | PKR 2,720 | |
| Jehlum | PKR 218,500 | PKR 2,720 | |
| Multan | PKR 218,500 | PKR 2,720 | |
| Bahawalpur | PKR 218,500 | PKR 2,720 | |
| Gujrat | PKR 218,500 | PKR 2,720 | |
| Nawabshah | PKR 218,500 | PKR 2,720 | |
| Chakwal | PKR 218,500 | PKR 2,720 | |
| Hyderabad | PKR 218,500 | PKR 2,720 | |
| Nowshehra | PKR 218,500 | PKR 2,720 | |
| Sargodha | PKR 218,500 | PKR 2,720 | |
| Faisalabad | PKR 218,500 | PKR 2,720 | |
| Mirpur | PKR 218,500 | PKR 2,720 |
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