KARACHI – Honda Atlas Cars Pakistan Ltd on Friday extended its production shutdown for another 15 days (April 15) due to deepening economic crisis and import restrictions.
The auto manufacturer on March 8 announced an initial shutdown and it was expected to resume production activities on March 31 but it has now been extended, making it the longest plant shutdown to date.
The company said that economic challenges in Pakistan have disrupted its supply chain.
“As a result, the Company is not in a position to continue with its production and ultimately has continued to shut down its plant from April 01, 2023 to April 15, 2023,” the company informed the Pakistan Stock Exchange in a notice.
Earlier, Indus Motor Company Limited and Pak Suzuki Motor Company, have also halted their production for the last three quarters due to economic woes of the country.
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 03, 2023 (Saturday).
Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency | Symbol | Buying | Selling |
US Dollar | USD | 298.9 | 302.15 |
Euro | EUR | 321 | 325 |
UK Pound Sterling | GBP | 375.5 | 380 |
U.A.E Dirham | AED | 82 | 83 |
Saudi Riyal | SAR | 80 | 81.2 |
Australian Dollar | AUD | 202 | 204 |
Bahrain Dinar | BHD | 758.24 | 766.24 |
Canadian Dollar | CAD | 228 | 230 |
China Yuan | CNY | 40.18 | 40.58 |
Danish Krone | DKK | 41.16 | 41.56 |
Hong Kong Dollar | HKD | 36.39 | 36.74 |
Indian Rupee | INR | 3.45 | 3.56 |
Japanese Yen | JPY | 2 | 2.08 |
Kuwaiti Dinar | KWD | 927.05 | 936.05 |
Malaysian Ringgit | MYR | 61.94 | 62.54 |
New Zealand Dollar | NZD | 173.16 | 175.16 |
Norwegians Krone | NOK | 25.67 | 25.97 |
Omani Riyal | OMR | 740.5 | 748.5 |
Qatari Riyal | QAR | 78.37 | 79.07 |
Singapore Dollar | SGD | 220 | 222 |
Swedish Korona | SEK | 26.36 | 26.66 |
Swiss Franc | CHF | 314.07 | 316.57 |
Thai Bhat | THB | 8.21 | 8.36 |
KARACHI – The price of a single tola of 24-karat gold in Pakistan is Rs 232,500 on Saturday. The price of 10 grams of 24k gold was recorded at Rs197,190.
Likewise, 10 grams of 22k gold were being traded for Rs180,756 while a single tola of 22-karat gold was being sold at Rs 210,832.
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 230,800 | PKR 2125 |
Karachi | PKR 230,800 | PKR 2125 |
Islamabad | PKR 230,800 | PKR 2125 |
Peshawar | PKR 230,800 | PKR 2125 |
Quetta | PKR 230,800 | PKR 2125 |
Sialkot | PKR 230,800 | PKR 2125 |
Attock | PKR 230,800 | PKR 2125 |
Gujranwala | PKR 230,800 | PKR 2125 |
Jehlum | PKR 230,800 | PKR 2125 |
Multan | PKR 230,800 | PKR 2125 |
Bahawalpur | PKR 230,800 | PKR 2125 |
Gujrat | PKR 230,800 | PKR 2125 |
Nawabshah | PKR 230,800 | PKR 2125 |
Chakwal | PKR 230,800 | PKR 2125 |
Hyderabad | PKR 230,800 | PKR 2125 |
Nowshehra | PKR 230,800 | PKR 2125 |
Sargodha | PKR 232,500 | PKR 2125 |
Faisalabad | PKR 232,500 | PKR 2125 |
Mirpur | PKR 232,500 | PKR 2125 |
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