PDMA directs Chitral admin to use Rs 15mn for flood affected people

10:10 PM | 4 Jul, 2016
PDMA directs Chitral admin to use Rs 15mn for flood affected people
PESHAWAR - The Provincial Disaster Management Authority (PDMA) Khyber Pakhtunkhwa on Monday directed the district government to use Rs 15 million in relief funds for the quick and speedy assistance of flood affectees in the Urson valley.

According to a PDMA statement, the district administration of Chitral has been directed to use the available emergency response funds to provide relief in the aftermath of the flash floods that hit Urson valley on June 2. The district administration has been advised to use the funds to purchase food items from utility stores after fulfilling all code formalities.

So far, 29 people have lost their lives in the floods while 13 persons including eight security personnel are still missing.

As many as 19 houses were completely destroyed while 27 houses were partially damaged in the floods.

The dead bodies of 16 victims, including three security personnel.

The report also noted that a considerable number of irrigation canals and water supply schemes had also been damaged.

It also assured that compensation checks would be distributed among the affected populations today.

The Chief Minister has released Rs 50 million to provide food and other necessary items for affected people.

The Deputy Commissioner Chitral along with the delivery and relief team has visited the affected area and distributed 50 tents, 150 quilts, 200 mats and 40 cooked food items among the flood-hit population.

Rescue, backup and search operations are underway in the affected area, in which personnel of the Pakistan Army and the district administration, alongside the National Disaster Management Authority and PDMA are playing a role.

The PDMA has requested NDMA to lend it helicopters for immediate relief provision. The Chief Minister has also placed his official helicopter at the disposal of the PDMA.


Rupee below 290 against US dollar in interbank market

KARACHI – The Pakistani rupee on Tuesday continued its ascent, trading at less than Rs290 against the US dollar in the morning interbank market, primarily due to stringent measures in the financial sector.

The US dollar was valued at Rs289.78 around 9:48 am, as reported by the Forex Association of Pakistan, marking a decrease of Rs1.18 from the previous day’s closing rate of Rs290.86.

This ongoing rise in the value of the rupee follows the crackdown on illegal dollar trading initiated earlier this month, with strong support from the military.

In the open market, the rupee also made gains against the dollar, trading at Rs292 compared to the previous day’s rate of Rs293, according to the Exchange Companies Association of Pakistan.

Saad Bin Naseer, the director of the financial services platform Mettis Global, noted that this marked the 16th consecutive day of appreciation for the PKR, amounting to nearly a 6% increase.

Naseer attributed this surge primarily to administrative measures, stating that it seems the government’s crackdown on speculative elements contributing to rupee depreciation is having an effect.

He also suggested that if this trend persists and the Afghan border remains closed, the rupee could continue to appreciate in the future. However, he emphasized the importance of attracting foreign direct investment (FDI) into export-oriented sectors for long-term stability.

Gold Rate in Pakistan Today – September 26, 2023

Today Gold Rate in Pakistan

KARACHI – The price of a single tola of 24-karat gold in Pakistan is Rs 210,100 on Tuesday. The price of 10 grams of 24k gold was recorded at Rs180,130.

Likewise, 10 grams of 22k gold were being traded for Rs168,730 while a single tola of 22-karat gold was being sold at Rs196,807.

Note: The gold rate in Pakistan is fluctuating according to the international market so the price is never been fixed. The below rates are provided by local gold markets and Sarafa Markets of different cities.

Today Gold Price in Pakistan - 26 September 2023

City Gold Silver
Lahore PKR 210,100 PKR 2,587
Karachi PKR 210,100 PKR 2,587
Islamabad PKR 210,100 PKR 2,587
Peshawar PKR 210,100 PKR 2,587
Quetta PKR 210,100 PKR 2,587
Sialkot PKR 210,100 PKR 2,587
Attock PKR 210,100 PKR 2,587
Gujranwala PKR 210,100 PKR 2,587
Jehlum PKR 210,100 PKR 2,587
Multan PKR 210,100 PKR 2,587
Bahawalpur PKR 210,100 PKR 2,587
Gujrat PKR 210,100 PKR 2,587
Nawabshah PKR 210,100 PKR 2,587
Chakwal PKR 210,100 PKR 2,587
Hyderabad PKR 210,100 PKR 2,587
Nowshehra PKR 210,100 PKR 2,587
Sargodha PKR 210,100 PKR 2,587
Faisalabad PKR 210,100 PKR 2,587
Mirpur PKR 210,100 PKR 2,587


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