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Far-right Bennett to end Netanyahu's 12-year tenure as Israel’s PM

UN denounces forced expulsion of Palestinians as violation of international law

05:16 PM | 3 Jun, 2021
Far-right Bennett to end Netanyahu's 12-year tenure as Israel’s PM

Israeli opposition parties have reached an agreement to form a new government that would end Benjamin Netanyahu’s 12-year tenure as prime minister.

Yair Lapid, leader of the centrist Yesh Atid party, announced an eight-faction coalition had been formed, reported BBC.

Under a rotation arrangement, the head of the right-wing Yamina party, Naftali Bennett, would serve as prime minister first before handing over to Mr Lapid.

Netanyahu, however, attacked the new “left-wing” government as “dangerous”.

In his first comments since the agreement was reached, Netanyahu urged Knesset (parliament) members “elected by votes from the right” to oppose the coalition, which still needs to be approved by a parliamentary vote before being sworn in.

The vote is not expected to take place for some days, and there is still a chance this newly formed coalition could be upended by defections.

In a statement, Mr Lapid said he had informed President Reuven Rivlin of the agreement, adding: “I pledge that this government will work in the service of all Israeli citizens, those who voted for it and those who did not.

“It will respect its opponents and do everything in its power to unite and connect all parts of Israeli society.”

An image carried on Israeli media showed Mr Lapid, Mr Bennett and Mansour Abbas, leader of the Arab Islamist Raam party, signing the agreement, a deal many thought impossible.

Meanwhile, United Nations Relief and Works Agency for Palestine Refugees denounced potential forced expulsion of Palestinian families from their homes in occupied East Jerusalem’s Sheikh Jarrah neighbourhood as a violation of international law.

Speaking from Sheikh Jarrah, UNRWA Commissioner-General, Philippe Lazzarini said this eviction violates international law and Israel’s obligation as an occupying power.

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Pakistani rupee registers marginal gain against US Dollar, Euro, Pound, Riyal and Dirham; Check forex rates

Pakistani rupee continued its momentum against the US dollar, and orther currencies in the open market on Thursday, as the local currency also improved in the inter-bank market.

Dollar Rate in Pakistan Today

On Thursday, the US dollar moved down and was being quoted at 283.2 for buying and 286.15 for selling.

Euro comes down to 308 for buying and 311 for selling. British Pound rate dropped to 358.5 for buying, and 362 for selling.

UAE Dirham AED witnessed slight drop and new rate stands at 77.4 whereas the Saudi Riyal remained stable at 76.

Today's currency exchange rates in Pakistan - 7 December 2023

Source: Forex Association of Pakistan. (last update 09:00 AM)

Currency Symbol Buying Selling
US Dollar USD 283.2 286.15
Euro EUR 308 311
UK Pound Sterling GBP 358.5 362
U.A.E Dirham AED 77.4 78.1
Saudi Riyal SAR 76 76.8
Australian Dollar AUD 187.2 189
Bahrain Dinar BHD 757.23 765.23
Canadian Dollar CAD 209 211
China Yuan CNY 39.89 40.29
Danish Krone DKK 41.19 41.59
Hong Kong Dollar HKD 36.41 36.76
Indian Rupee INR 3.42 3.53
Japanese Yen JPY 1.39 1.45
Kuwaiti Dinar KWD 921.71 930.71
Malaysian Ringgit MYR 61.02 61.62
New Zealand Dollar NZD 174.54 176.54
Norwegians Krone NOK 26.05 26.35
Omani Riyal OMR 739.62 747.62
Qatari Riyal QAR 78.22 78.92
Singapore Dollar SGD 211 213
Swedish Korona SEK 27.12 27.42
Swiss Franc CHF 324.94 327.44
Thai Bhat THB 8.06 8.21

Gold prices in Pakistan move down despite positive global cues; Check latest rates here

Gold price in Pakistan remained under pressure as the yellow metal moved down despite an upward trend in the international market.

Gold Rates in Pakistan Today - 7 December 2023

On Thursday, the price of a single tola of 24-karat gold stands at Rs217,100 and 10 grams of 24k gold costs Rs186,130. 

Single tola of 22 Karat Gold costs Rs199,000, 21 karat rate for per tola is Rs189,960 and 18k gold rate is Rs162,825.00 for each tola.

In the global market, gold prices hover at around $2026, gaining $8.30 on Thursday.

Today Gold Rate in Pakistan

Today Gold Price in Pakistan (4 September 2023)

City Gold Silver
Lahore PKR 217,100 PKR 2,565
Karachi PKR 217,100 PKR 2,565
Islamabad PKR 217,100 PKR 2,565
Peshawar PKR 217,100 PKR 2,565
Quetta PKR 217,100 PKR 2,565
Sialkot PKR 217,100 PKR 2,565
Attock PKR 217,100 PKR 2,565
Gujranwala PKR 217,100 PKR 2,565
Jehlum PKR 217,100 PKR 2,565
Multan PKR 217,100 PKR 2,565
Bahawalpur PKR 217,100 PKR 2,565
Gujrat PKR 217,100 PKR 2,565
Nawabshah PKR 217,100 PKR 2,565
Chakwal PKR 217,100 PKR 2,565
Hyderabad PKR 217,100 PKR 2,565
Nowshehra PKR 217,100 PKR 2,565
Sargodha PKR 217,100 PKR 2,565
Faisalabad PKR 217,100 PKR 2,565
Mirpur PKR 217,100 PKR 2,565

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