USD to PKR: Pakistani rupee registers meager gain against dollar in interbank

Web Desk 11:31 AM | 30 Mar, 2023

Source: File Photo

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…

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USD to PKR: Pakistani rupee remains stable against dollar amid ongoing talks with IMF

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

Gold & Silver Rate

Today's gold rates in Pakistan – 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