KARACHI – Pakistani rupee on Thursday witnessed meager gains against the US dollar in the interbank.
During the interbank trading, the local currency appreciated Rs0.12 during the early hours and was quoted at 283.80 against the greenback.
On Wednesday, PKR closed at 283.92 in the inter-bank market, with a depreciation of Rs0.13 percent.
Investors' confidence is dented amid extended delay in bailout funds from International Monetary Fund (IMF). The government officials claimed that progress was recently made and hopefully there will be positive news.
Rupee could not get the expected boost despite China’s inflows and now it is expected that Saudi Arabia and the UAE will help South Asian nation to avert debt default.
More to follow…
Daily Pakistan Global Web Desk
KARACHI – Pakistani rupee, which is facing blows in the open market, remained stable against the US dollar, in the inter-bank market on Wednesday.
The local currency moved slightly upward during the opening hours of trading in the inter-bank market. Before noon, PKR was hovering around 285.22, with a slight increase of Rs0.13.
As the situation remained under control in the interbank market, the rupee hits a fresh record low in the open market and was selling at 315 per dollar.
In a recent development, the IMF mission chief shared positive news, confirming that talks are underway with Pakistani authorities. The resumption of the IMF programme remains important for the crisis-hit country.
https://en.dailypakistan.com.pk/31-May-2023/today-s-currency-exchange-rates-in-pakistan-dollar-euro-pound-riyal-rates-on-may-31-2023
KARACHI - The price of a single tola of 24-karat gold in Pakistan is Rs 232,300 on Wednesday.The price of 10 grams of 24k gold was recorded at Rs199,160.
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 232,300 | PKR 2,485 |
Karachi | PKR 232,300 | PKR 2,485 |
Islamabad | PKR 232,300 | PKR 2,485 |
Peshawar | PKR 232,300 | PKR 2,485 |
Quetta | PKR 232,300 | PKR 2,485 |
Sialkot | PKR 232,300 | PKR 2,485 |
Attock | PKR 232,300 | PKR 2,485 |
Gujranwala | PKR 232,300 | PKR 2,485 |
Jehlum | PKR 232,300 | PKR 2,485 |
Multan | PKR 232,300 | PKR 2,485 |
Bahawalpur | PKR 232,300 | PKR 2,485 |
Gujrat | PKR 232,300 | PKR 2,485 |
Nawabshah | PKR 232,300 | PKR 2,485 |
Chakwal | PKR 232,300 | PKR 2,485 |
Hyderabad | PKR 232,300 | PKR 2,485 |
Nowshehra | PKR 232,300 | PKR 2,485 |
Sargodha | PKR 232,300 | PKR 2,485 |
Faisalabad | PKR 232,300 | PKR 2,485 |
Mirpur | PKR 232,300 | PKR 2,485 |
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