Solar System Geometry Survey (SSGEOS), a Netherlands-based organisation, made headlines for predicting a major earthquake in Pakistan within next 48 hours.
The Dutch scientist who works for SSGEOS has a record of predicting earthquakes, notably foretelling a massive quake in Turkey earlier this year in which over 47,000 people lost their lives.
In its recent prediction, the scientist reports massive surge of electric activity along Chaman fault lines, sparking anticipation of a powerful earthquake in next 48 hours.
The report claimed fluctuations of electric charge in the atmosphere near the sea level have been recorded, and region neighboring Pakistan, and Afghanistan could experience strong tremors in the next few days.
It further said that these areas defined are only approximations and there is currently no reliable way to determine the exact locations.
For our reader's information, the South Asian nation has the largest fault line in region which is known as Chaman fault system. The belt witnessed major earthqwuakes and in May, 1935, a strong earthquake killed thousands of people.
Amid frenzy among people, Pakistan Metrological (Met) Department has not responded to the predictions and speculations about the earthquake.
In previous events, PMD dismissed such claims, saying there is no scientific basis for earthquake predictions.
Pakistan is indeed a country that is vulnerable to earthquakes due to its location in the seismically active region. The convergence of the Indian Plate and the Eurasian Plate resulted in several significant earthquakes.
Pakistani rupee remains largely stable against the US dollar, and other currencies in the open market on Sunday.
On Sunday, the US dollar was being quoted at 283.4 for buying and 285.95 for selling.
Euro comes down to 307 for buying and 310 for selling. British Pound rate remains unchanged at 358.5 for buying, and 362 for selling.
UAE Dirham AED witnessed slight drop and new rate stands at 77.2 whereas the Saudi Riyal remained stable at 76.
Source: Forex Association of Pakistan. (last update 09:00 AM)
|UK Pound Sterling||GBP||358.5||362|
|Hong Kong Dollar||HKD||36.37||36.72|
|New Zealand Dollar||NZD||175.33||177.33|
Gold prices decreased in local markets in line with the trend in the international market.
On Sunday, the price of a single tola of 24-karat gold stands at Rs216,300, and 10 grams of 24k gold costs Rs185,450.
Single tola of 22 Karat Gold price costs Rs198,274, 21 karat rate per tola costs Rs189,263 and 18k gold rate is Rs162,225 for each tola.
In the global market, gold prices hovers around $2,004 per ounce, after drop of $23.35 on Sunday.
|Lahore||PKR 216,300||PKR 2,486|
|Karachi||PKR 216,300||PKR 2,486|
|Islamabad||PKR 216,300||PKR 2,486|
|Peshawar||PKR 216,300||PKR 2,486|
|Quetta||PKR 216,300||PKR 2,486|
|Sialkot||PKR 216,300||PKR 2,486|
|Attock||PKR 216,300||PKR 2,486|
|Gujranwala||PKR 216,300||PKR 2,486|
|Jehlum||PKR 216,300||PKR 2,486|
|Multan||PKR 216,300||PKR 2,486|
|Bahawalpur||PKR 216,300||PKR 2,486|
|Gujrat||PKR 216,300||PKR 2,486|
|Nawabshah||PKR 216,300||PKR 2,486|
|Chakwal||PKR 216,300||PKR 2,486|
|Hyderabad||PKR 216,300||PKR 2,486|
|Nowshehra||PKR 216,300||PKR 2,486|
|Sargodha||PKR 216,300||PKR 2,486|
|Faisalabad||PKR 216,300||PKR 2,486|
|Mirpur||PKR 216,300||PKR 2,486|