Pakistan Muslim League-Nawaz (PML-N) leader and former finance minister Miftah Ismail has blamed his successor Ishaq Dar for orchestrating a plan to remove his from the post for more than six months.
The financial wizard made the revelation in a podcast on a YouTube channel on Wednesday, stating that Dar could not digest the appointment of someone else from the party as finance minister.
He recalled that Dar appeared on a TV channel and claimed that he could bring down the dollar rate to Rs160, adding the finance minister also provoked some TV anchorpersons to make comments against him on social media.
Miftah claimed that Dar was closer to Nawaz Sharif because his son is married to the latter’s daughter. He said Prime Minister Shehbaz Sharif was satisfied with him performance, adding that the IMF loan programme was restored when he was the minister.
He complained that the way he was removed from the post was not respectful. Nawaz Sharif called him to London and told him that he was being removed from the post in front of 12 people, Miftah lamented.
The PML-N leader also appreciated the PTI chief Imran Khan as a good politician, saying the former prime minister had an edge over other politicians in political strategy and narrative building. However, he said that Imran Khan lacked skills of policy making.
KARACHI – Pakistani rupee continues to face blows against the US dollar in the inter-bank market as the deadlock between Islamabad and IMF continues.
During the intraday trading on Tuesday, the local currency dropped against the US dollar, moving down nearly 0.06 percent. Before noon, PKR was being traded at 286.37, with a decline of Rs0.18.
Earlier this week, the embattled rupee faced a setback and it was closed at 286.19 against the greenback in the inter-bank.
The rupee continues to face back-to-back blows amid deadlock between the Pakistani government and the multilateral lender.
KARACHI – The price of a single tola of 24-karat gold in Pakistan is Rs 228,900 on Tuesday. The price of 10 grams of 24k gold was recorded at Rs197,190.
Likewise, 10 grams of 22k gold were being traded for Rs180,756 while a single tola of 22-karat gold was being sold at Rs 210,832.
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 228,900||PKR 2125|
|Karachi||PKR 228,900||PKR 2125|
|Islamabad||PKR 228,900||PKR 2125|
|Peshawar||PKR 228,900||PKR 2125|
|Quetta||PKR 228,900||PKR 2125|
|Sialkot||PKR 228,900||PKR 2125|
|Attock||PKR 228,900||PKR 2125|
|Gujranwala||PKR 228,900||PKR 2125|
|Jehlum||PKR 228,900||PKR 2125|
|Multan||PKR 228,900||PKR 2125|
|Bahawalpur||PKR 228,900||PKR 2125|
|Gujrat||PKR 228,900||PKR 2125|
|Nawabshah||PKR 228,900||PKR 2125|
|Chakwal||PKR 228,900||PKR 2125|
|Hyderabad||PKR 228,900||PKR 2125|
|Nowshehra||PKR 228,900||PKR 2125|
|Sargodha||PKR 228,900||PKR 2125|
|Faisalabad||PKR 228,900||PKR 2125|
|Mirpur||PKR 228,900||PKR 2125|
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