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Dollar breaches Rs200-level for first time in Pakistan’s history

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KARACHI – Pakistani rupee plunged to a historic low after dollar breached Rs200-level during intraday trade on Thursday amid uncertainty over the revival of the International Monetary Fund (IMF) loan programme and worsening political situation in the country.

The rupee shed Rs1.81, taking the new value of single dollar to Rs200.20 at 10:13am, media reports said.

The rupee had closed at Rs198.39 yesterday after the greenback gained Rs2.65 against the local currency, multiplying the burden of foreign debts.

The domestic currency has overall lost Rs15 to the dollar in the last ten sessions.

Officials of Pakistan’s Ministry of Finance are holding the second round of talks with the IMF representatives in Qatar in a bid to revive the loan programme to improve the economic situation of the country.

The global lender has been expressing concerns on the relief package announced by the previous government of PTI in deviation of the recommendations of IMF.

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Gold

Today’s gold rates in Pakistan – July 12, 2026

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KARACHI – On July 12, 2026, gold prices in Pakistan increased, following the upward trend in international markets.

According to the Saraffa Association, the price of 24-karat gold per tola increased to Rs 434,500 after a rise of Rs 1500, while the rate for 10 grams was Rs 372,520.

Today’s Gold and Silver Rates in Major Cities
City Gold Rate Silver Rate
Karachi PKR 434,500 PKR 3,830
Lahore PKR 434,550 PKR 3,830
Islamabad PKR 434,600 PKR 3,830
Peshawar PKR 434,650 PKR 3,830
Quetta PKR 434,700 PKR 3,830
Sialkot PKR 434,500 PKR 3,830
Hyderabad PKR 434,500 PKR 3,830
Faisalabad PKR 434,500 PKR 3,830
Multan PKR 434,500 PKR 3,830

Note: It is pertinent to mention here that Upfront News in no way claims these rates to be accurate at all times, as the prices can continuously vary.

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Forex

Today’s currency exchange rates in Pakistan – July 12, 2026

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KARACHI – Foreign currency exchange rates for US Dollar, Saudi Riyal, UK Pound Sterling, U.A.E. Dirham, Euro, and other currencies in Pakistan open market on July 12, 2026. The US Dollar’s buying rate stands at Rs 279, and the selling rate at Rs 279.15.

Several other currencies, which include the Australian Dollar (AUD), Canadian Dollar (CAD), Chinese Yuan (CNY), Danish Krone (DKK), Japanese Yen (JPY), Kuwaiti Dinar (KWD), Malaysian Ringgit (MYR), New Zealand Dollar (NZD), and Swiss Franc (CHF), showed no significant change in their rates compared to the previous update.

Currency Symbol Buying Selling Charts
🇦🇺 Australian Dollar AUD 193.84 197.25 📊
🇧🇭 Bahrain Dinar BHD 740.61 750.9 📊
🇨🇦 Canadian Dollar CAD 197.27 200.25 📊
🇨🇳 China Yuan CNY 38 38.75 📊
🇩🇰 Danish Krone DKK 42.56 43.25 📊
🇪🇺 Euro EUR 319.42 323.5 📊
🇭🇰 Hong Kong Dollar HKD 35.22 36.23 📊
🇮🇳 Indian Rupee INR 2.8 3.15 📊
🇯🇵 Japanese Yen JPY 1.71 1.81 📊
🇰🇼 Kuwaiti Dinar KWD 889.43 899.9 📊
🇲🇾 Malaysian Ringgit MYR 67.15 67.95 📊
🇳🇿 NewZealand $ NZD 159 160.75 📊
🇳🇴 Norwegian Krone NOK 27.99 28.29 📊
🇴🇲 Omani Riyal OMR 725.35 735.6 📊
🇶🇦 Qatari Riyal QAR 75.34 76.4 📊
🇸🇦 Saudi Riyal SAR 74.55 75.1 📊
🇸🇬 Singapore Dollar SGD 214.18 217.95 📊
🇸🇪 Swedish Korona SEK 28.25 28.9 📊
🇨🇭 Swiss Franc CHF 343.59 348.25 📊
🇹🇭 Thai Bhat THB 8.55 8.8 📊
🇦🇪 U.A.E Dirham AED 76.2 76.9 📊
🇬🇧 UK Pound Sterling GBP 375.06 378.15 📊
🇺🇸 US Dollar USD 279 279.15 📊

 

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Gold

Today’s gold rates in Pakistan – July 11, 2026

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KARACHI – On July 11, 2026, gold prices in Pakistan increased, following the upward trend in international markets.

According to the Saraffa Association, the price of 24-karat gold per tola increased to Rs 434,500 after a rise of Rs 1500, while the rate for 10 grams was Rs 372,520.

Today’s Gold and Silver Rates in Major Cities
City Gold Rate Silver Rate
Karachi PKR 434,500 PKR 3,830
Lahore PKR 434,550 PKR 3,830
Islamabad PKR 434,600 PKR 3,830
Peshawar PKR 434,650 PKR 3,830
Quetta PKR 434,700 PKR 3,830
Sialkot PKR 434,500 PKR 3,830
Hyderabad PKR 434,500 PKR 3,830
Faisalabad PKR 434,500 PKR 3,830
Multan PKR 434,500 PKR 3,830

Note: It is pertinent to mention here that Upfront News in no way claims these rates to be accurate at all times, as the prices can continuously vary.

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