KARACHI – Pakistan maintained a 4-0 lead over New Zealand, beating the visitors in the fourth ODI match by 102 runs at the National Stadium in Karachi today.
Earlier, New Zealand won the toss and decided to bowl first against Pakistan.
Pakistan eye to grab the first slot in the International Cricket Council's One Day International (ODI) rankings by beating Kiwisi in the today's match.
Pakistan were fifth on the ODI rankings before the series started with a rating of 106 but now have jumped to the third with a fantastic performance at home. Meanwhile, New Zealand, who were second, have slipped down to the fifth spot.
Currently, on the third spot with a rating of 112, Pakistan are only marginally behind Australia (113.286) and India (112.638). Should they win the fourth ODI today, they will go to the top with a rating of 113.483, with Australia dropping to No.2 and India to No.3.
However, to remain on top, Pakistan will have to ensure a clean sweep, winning the fifth and final ODI on Sunday, 7 May. A loss in the final ODI will see them slipping back to No.3 and Australia reclaiming their No.1 ranking.
Pakistan will also remain on top if they win the fourth ODI and the fifth match is abandoned or yields a no-result.
Pakistan are currently playing a five-match ODI series against New Zealand at home. Three matches of the series have been played so far and Pakistan are leading the series 3-0.
Pakistan and New Zealand are scheduled to play the fourth match of the series in Karachi on Sunday, May 7. Pakistan will move to the first position in the ICC rankings if they win the fourth ODI match of the ongoing series against New Zealand.
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.
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.
|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|