The World Health Organization (WHO) on Tuesday approved the China-made vaccine, Sinovac, for emergency use against COVID-19.
This is the second Chinese drug approved by the global health body for use against the virus that has claimed more than 3.55 million lives across the world.
“WHO today validated the Sinovac-CoronaVac Covid-19 vaccine for emergency use, giving countries, funders, procuring agencies and communities the assurance that it meets international standards for safety, efficacy and manufacturing,” the UN health agency said in a statement.
Pakistan is also administrating jabs of Sinovac vaccine besides two other Chinese vaccines – Sinopharm and single-dose Convidecia vaccine developed by Cansino Biologicals.
Earlier today, Pakistan launched locally-processed single dose COVID-19 vaccine ‘PakVac’ amid the government's efforts to pace up the vaccination drive of the country.
Speaking on the occasion, Special Assistant to Prime Minister (SAPM) on Health Dr Faisal Sultan said the country will soon be able to start the production of vaccine.
Praising Chinese assistance for Pakistan in the health crisis, he said that China was a strong friend of the country. He also appreciated the National Institute of Health (NIH) teams for successfully developing the vaccine from the raw materials given by China.
Meanwhile, National Command and Operation Centre (NCOC) chief Asad Umar termed the day “important”. He said that the number of patients hospitalised during the third wave of the pandemic was higher than the number of patients who were hospitalised during the first wave.
He further said that efforts were being made to strengthen the national health system.
Chinese Ambassador Nong Rong, speaking on the occasion, said that production of the vaccine depicted level of friendship between the two countries.
Pakistani rupee continue to witness further losses against US dollar in the open market on despite positive economic indicators and massive surge in Stock Market.
On Tuesday, the dollar was being quoted at 285.1 for selling and 288.15 for buying purposes for customers.
Euro price moves down by Rs2 to 312 for buying and 315 for selling. British Pound rate stands at 358.5 for buying, and 362 for selling after increase.
UAE Dirham AED stands at 78 whereas the Saudi Riyal also witnessed fall and new price stands at 76.25.
|UK Pound Sterling||GBP||358.5||362|
|Hong Kong Dollar||HKD||36.24||36.59|
|New Zealand Dollar||NZD||173.44||175.44|
KARACHI – Gold continues to move upward in local market amid surge in international rates.
On Tuesday, the single tola of 24 Karat gold was available at Rs217,600, and the price for 10-gram gold saw increase of Rs943 to reach Rs186,557.
Globally, yellow metal went up by $12 to settle at $2,015 per ounce.
Last week, per tola gold price increased by Rs800 per tola, and it hovers around two month high.
|Lahore||PKR 217,600||PKR 2,600|
|Karachi||PKR 217,600||PKR 2,600|
|Islamabad||PKR 217,600||PKR 2,600|
|Peshawar||PKR 217,600||PKR 2,600|
|Quetta||PKR 217,600||PKR 2,600|
|Sialkot||PKR 217,600||PKR 2,600|
|Attock||PKR 217,600||PKR 2,600|
|Gujranwala||PKR 217,600||PKR 2,600|
|Jehlum||PKR 217,600||PKR 2,600|
|Multan||PKR 217,600||PKR 2,600|
|Bahawalpur||PKR 217,600||PKR 2,600|
|Gujrat||PKR 217,600||PKR 2,600|
|Nawabshah||PKR 217,600||PKR 2,600|
|Chakwal||PKR 217,600||PKR 2,600|
|Hyderabad||PKR 217,600||PKR 2,600|
|Nowshehra||PKR 217,600||PKR 2,600|
|Sargodha||PKR 217,600||PKR 2,600|
|Faisalabad||PKR 217,600||PKR 2,600|
|Mirpur||PKR 217,600||PKR 2,600|