The price of gold per tola has reached 2 lakh 1 thousand 600 rupees, the price of 10 grams of gold has decreased to 1 lakh 72 thousand 840 rupees.
Karachi (Akhbar Latest. 03 March 2023) The price of gold in Pakistan reached the highest level in history and came down, the price per tola decreased by Rs. One thousand 600 rupees. According to the Karachi Exchange Association, the price of gold in Pakistan reached the highest level in history due to the increase in the dollar yesterday.
However, today the price of gold per tola has decreased by 4 thousand 900 rupees. Due to which the price of gold per tola in the country has increased to 2 lakh 1 thousand 600 rupees. Similarly, the price of 10 grams of gold has decreased by 4 thousand 200 rupees. Due to which the price of 10 grams of gold has increased to 1 lakh 72 thousand 840 rupees. However, the price of gold per ounce in the world market has increased by 13 dollars to 1849 dollars per ounce. On the other hand, the dollar has started to fall after the historic flight. The dollar became 277 rupees after becoming cheaper by 7 rupees 9 paise in interbank. On Thursday, there was a stir in the currency market, the dollar increased by 19 rupees in the interbank market and 15 rupees in the open market. Yesterday, a significant increase in the value of the dollar was seen in the inter-bank market by 18.98 rupees and the dollar increased from 266.11 rupees to a historic high of 285.09 rupees in the inter-bank market. done and currency market experts are calling the decline in the value of the rupee as a result of the deal with the IMF, a significant increase in the value of the dollar in the open market was seen by 15 rupees and the selling price of the dollar increased from 273 to 288 rupees. According to the sources, those who sell dollars in interbank are asking 291 rupees for one dollar, while in the open market there are reports that the dollar is sold for 295 to 300 rupees. In other currencies, the selling price of euro increased from 287.50 to 302 rupees and British pound. The selling price increased from Rs.324.50 to Rs.340.
While the foreign exchange reserves became 9.26 billion dollars after an increase of 700 million dollars. According to the data released by the State Bank in this regard, on February 24, 2023, the volume of foreign exchange reserves with the State Bank was recorded at 3.81 billion dollars and the volume of foreign exchange reserves with commercial banks was recorded at 5.45 billion dollars. An increase of 700 million dollars was recorded in the foreign exchange reserves during the last week. During the week ending February 24, 2023, the State Bank of Pakistan received $700 million from China as disbursement of the Government of Pakistan commercial loan. Reserves of the State Bank increased by US$ 556 million to US$ 3,814.1 million after accounting for external debt repayments.
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