ANKARA – Prime Minister Shehbaz Sharif has called for turning Pak-Turk fraternal ties into bilateral strategic economic partnership that will be beneficial for people in both countries.
The premier expressed his view while talking to Turkish media outlet TRT World in which he also called an agreement to take the bilateral trade to $5 billion “great initiative”.
He highlighted that Turkey can held energy-deficient Pakistan meet its energy demand from renewable resources as it has vast experience in hydel power projects.
PM Shehbaz revealed that he had urged President Recep Tayyip Erdogan to make Turkey a part of the multibillion dollar CPEC project as the move will benefit the whole region.
While talking about massive surge in petroleum prices to revive the $6 billion IMF programme, he said that increasing prices was necessary to save Pakistan from facing bankruptcy.
He said that the government was offering subsidy on various items to facilitate the people living below the poverty, adding that all measures will be taken to look after the marginalized segment of the society.
Responding to a question about general elections in the country, the premier clearly stated that polls will be held after 15 months.
To a question regarding recognition of Israel, the prime minister said that Pakistan stands for the rights of subjugated segments of the world. He categorically said harsh measures by Israeli forces against Palestinians are unacceptable to any peace loving society. Therefore, until and unless the issue of Palestine and Kashmir is resolved according to the aspiration of people of these areas, peace cannot be restored in these regions, Radio Pakistan reported.
Pakistani rupee witnessed marginal losses against US dollar, and other currencies in the open market.
On Wednesday, the dollar was being quoted at 285.6 for selling and 288.65 for buying purposes.
Euro price stands at 312 for buying and 315 for selling. British Pound rate stands at 360 for buying, and 363 for selling.
UAE Dirham AED stands at 78.25 whereas the Saudi Riyal also witnessed fall and new price stands at 76.25.
|UK Pound Sterling||GBP||360||363|
|Hong Kong Dollar||HKD||36.24||36.59|
|New Zealand Dollar||NZD||173.44||175.44|
KARACHI – The gold price moved up down in the local market in line with massive increase in international market.
On Wednesday, the single tola of 24 Karat gold was available at Rs218,000, and the price for 10-gram gold saw an increase of Rs943 to reach Rs186,900.
Meanwhile, the 22 Karat Gold price stands at Rs199,830, 21 karat rate for each tola is Rs190,750 and 18k gold rate hoveres around Rs163,500.00.
In international market, the price of precious metal went up by $29 to settle at $2,044 per ounce.
|Lahore||PKR 218,000||PKR 2,610|
|Karachi||PKR 218,000||PKR 2,610|
|Islamabad||PKR 218,000||PKR 2,610|
|Peshawar||PKR 218,000||PKR 2,610|
|Quetta||PKR 218,000||PKR 2,610|
|Sialkot||PKR 218,000||PKR 2,610|
|Attock||PKR 218,000||PKR 2,610|
|Gujranwala||PKR 218,000||PKR 2,610|
|Jehlum||PKR 218,000||PKR 2,610|
|Multan||PKR 218,000||PKR 2,610|
|Bahawalpur||PKR 218,000||PKR 2,610|
|Gujrat||PKR 218,000||PKR 2,610|
|Nawabshah||PKR 218,000||PKR 2,610|
|Chakwal||PKR 218,000||PKR 2,610|
|Hyderabad||PKR 218,000||PKR 2,610|
|Nowshehra||PKR 218,000||PKR 2,610|
|Sargodha||PKR 218,000||PKR 2,610|
|Faisalabad||PKR 218,000||PKR 2,610|
|Mirpur||PKR 218,000||PKR 2,610|