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LHC withdraws stay order on PCB chairman election

01:36 PM | 3 Jul, 2023
LHC withdraws stay order on PCB chairman election
Source: File Photo

LAHORE – The Lahore High Court (LHC) on Monday withdraw a stay order on the election of the Pakistan Cricket Board (PCB) chairman.

Justice Anwar Hussain issued the ruling on a petition filed by the PCB through its counsel Advocate Imtiaz Rasheed Siddiqui.

Last week, the high court had stopped the election of the PCB chairman and sought replies from the federal government and other respondents to two identical petitions fixed for hearing before two separate benches.

During today’s hearing, Justice Anwar withdrew the stay order and referred the matter to LHC Chief Justice Muhammad Ameer Bhatti. 

He said identical petitioner had already been fixed before another bench, adding that the pleas should be assigned to that same bench. 

The elections for the PCB chairman slot were scheduled to take place on June 27 after Najam Sethi stepped down as the board’s chief. Former PCB chief Zaka Ashraf is the strong candidate to take up the role again.  

In late June, the Balochistan High Court (BHC) also barred the PCB from holding the election after Gul Mohammad Kakar, a member of the interim management committee, challenged the elections, saying that the notification issued by the Board of Governors (BoG) on June 22 was against the constitution of the cricket board. 

Subsequently, the two-member bench comprising Chief Justice Naeem Akhtar Afghan and Justice Aamir Nawaz Rana had suspended the notification of the BoG and issued a stay order on the elections till July 17.

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Pakistani rupee exchange rate against US dollar, Euro, Pound and Riyal – March 1, 2024

Pakistani rupee remains stable against US dollar in the open market on March 1, 2024 (Friday).

US Dollar rate in Pakistan

In the open market, the US dollar was being quoted at 279.32 for buying and 282.35 for selling.

Euro currently stands at 302 for buying and 305 for selling while British Pound rate stands at 353 for buying, and 356 for selling.

UAE Dirham AED hovers at 76.15 whereas the Saudi Riyal saw slight increase, with new rates at 74.4.

Today’s currency exchange rates in Pakistan – March 1, 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar ‎USD 279.32 282.35
Euro EUR 302 305
UK Pound Sterling GBP 353 356
U.A.E Dirham AED 76.15 76.85
Saudi Riyal SAR 74.4 75.2
Australian Dollar AUD 181 183
Bahrain Dinar BHD 743.11 751.11
Canadian Dollar CAD 207 209.2
China Yuan CNY 38.82 39.22
Danish Krone DKK 40.69 41.09
Hong Kong Dollar HKD 35.7 36.05
Indian Rupee INR 3.37 3.48
Japanese Yen JPY 2.1 2.18
Kuwaiti Dinar KWD 907.32 916.32
Malaysian Ringgit MYR 58.49 59.09
New Zealand Dollar NZD 172.43 174.43
Norwegians Krone NOK 26.36 26.66
Omani Riyal OMR 725.68 733.68
Qatari Riyal ‎QAR 76.74 77.46
Singapore Dollar SGD 207 209
Swedish Korona SEK 27.13 27.43
Swiss Franc CHF 317.76 320.26
Thai Bhat THB 7.76 7.91

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