ISLAMABAD – Pakistani rupee finally ended its losing streak against US dollar on Tuesday, gaining Rs4.43 after massive depreciation over the last week.
During the intra-day trading, the rupee was hovering at 266.75 with an appreciation of around 1.07 percent as talks between Pakistan and IMF underway for a stalled bailout programme.
Earlier on Monday, the rupee plunged by Rs7 and the greenback touched all-time high of Rs272. Last week, the local currency dropped by Rs24.54 in the interbank market – the largest single-day depreciation in more than two decades.
Finance experts linked the rupee’s recovery to exporters offloading some of their proceeds as remittances and export continued days after dollar cap was removed.
The country of over 220 million is facing a worst economic crisis with the forex reserved held by the country’s central bank remaining at critical $3.68 billion which were not enough to cover a month's import.
Daily Pakistan Global Web Desk
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 March 28, 2023 (Tuesday).
Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency | Symbol | Buying | Selling |
US Dollar | USD | 284.1 | 287.15 |
Euro | EUR | 304.5 | 307.5 |
UK Pound Sterling | GBP | 345.5 | 349 |
U.A.E Dirham | AED | 77.3 | 78.1 |
Saudi Riyal | SAR | 76 | 76.7 |
Australian Dollar | AUD | 187.5 | 189.9 |
Bahrain Dinar | BHD | 753.18 | 761.18 |
Canadian Dollar | CAD | 205.5 | 207.7 |
China Yuan | CNY | 41.44 | 41.84 |
Danish Krone | DKK | 41.30 | 41.73 |
Hong Kong Dollar | HKD | 35.92 | 36.27 |
Indian Rupee | INR | 3.41 | 3.52 |
Japanese Yen | JPY | 2.06 | 2.11 |
Kuwaiti Dinar | KWD | 924.09 | 933.09 |
Malaysian Ringgit | MYR | 62.84 | 63.45 |
New Zealand Dollar | NZD | 178 | 180 |
Norwegians Krone | NOK | 26.33 | 26.63 |
Omani Riyal | OMR | 735.91 | 743 |
Qatari Riyal | QAR | 77.43 | 78.13 |
Singapore Dollar | SGD | 209.5 | 211.5 |
Swedish Korona | SEK | 26.5 | 26.8 |
Swiss Franc | CHF | 308.97 | 311.47 |
Thai Bhat | THB | 8.3 | 8.45 |
KARACHI - The price of a single tola of 24-karat gold in Pakistan is Rs 204,300 on Tuesday. The price of 10 grams of 24k gold was recorded at Rs175,160.
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 204,300 | PKR 2,465 |
Karachi | PKR 204,300 | PKR 2,465 |
Islamabad | PKR 204,300 | PKR 2,465 |
Peshawar | PKR 204,300 | PKR 2,465 |
Quetta | PKR 204,300 | PKR 2,465 |
Sialkot | PKR 204,300 | PKR 2,465 |
Attock | PKR 204,300 | PKR 2,465 |
Gujranwala | PKR 204,300 | PKR 2,465 |
Jehlum | PKR 204,300 | PKR 2,465 |
Multan | PKR 204,300 | PKR 2,465 |
Bahawalpur | PKR 204,300 | PKR 2,465 |
Gujrat | PKR 204,300 | PKR 2,465 |
Nawabshah | PKR 204,300 | PKR 2,465 |
Chakwal | PKR 204,300 | PKR 2,465 |
Hyderabad | PKR 204,300 | PKR 2,465 |
Nowshehra | PKR 204,300 | PKR 2,465 |
Sargodha | PKR 204,300 | PKR 2,465 |
Faisalabad | PKR 204,300 | PKR 2,465 |
Mirpur | PKR 204,300 | PKR 2,465 |
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