COAS Asim Munir, Saudi counterpart discuss bilateral relations

Web Desk 12:18 PM | 6 Jan, 2023

Source: Saudi Defence Ministry

RIYADH – Pakistan Army Chief General Asim Munir on Friday met Chief of General Staff of Saudi Arabia, Lieutenant-General Fayyad bin Hamed Al-Ruwaili, said Saudi defence ministry.

In a Tweet, the ministry said, both the chiefs emphasized the strength and durability of bilateral relations between the two fraternal countries, and discussed military and defense cooperation, as well as ways to support and enhance them, in addition to reviewing the most important regional and international issues of common interest.

معالي رئيس هيئة الأركان العامة الفريق الأول الركن فياض الرويلي، يستقبل معالي رئيس أركان الجيش الباكستاني الفريق الأول عاصم منير، ويستعرضان العلاقات الثنائية بين البلدين في المجالين الدفاعي والعسكري، إضافة إلى بحث عدد من القضايا ذات الاهتمام المشترك. #وزارة_الدفاع pic.twitter.com/b9w4gHaNjD
— وزارة الدفاع (@modgovksa) January 5, 2023

Gen Asim is on an official visit to Saudi Arabia and United Arab Emirates (UAE) from 4th to 10th of January. He will call on the senior leadership of both brotherly countries to discuss matters of mutual interest, military-to-military cooperation and bilateral ties focusing on security related subjects.

Pakistan Army Chief Gen Asim Munir in Saudi Arabia on official visit

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Forex

ISLAMABAD – Pakistani rupee finally ended its losing streak against US dollar on Tuesday, gaining Rs4.43 after massive depreciation over the last week.

During the intra-day trading, the rupee was hovering at 266.75 with an appreciation of around 1.07 percent as talks between Pakistan and IMF underway for a stalled bailout programme.

Earlier on Monday, the rupee plunged by Rs7 and the greenback touched all-time high of Rs272. Last week, the local currency dropped by Rs24.54 in the interbank market – the largest single-day depreciation in more than two decades.

Finance experts linked the rupee’s recovery to exporters offloading some of their proceeds as remittances and export continued days after dollar cap was removed.

The country of over 220 million is facing a worst economic crisis with the forex reserved held by the country’s central bank remaining at critical $3.68 billion which were not enough to cover a month's import.

https://en.dailypakistan.com.pk/30-Jan-2023/gold-continues-to-shine-hits-all-time-high-of-rs210-500-in-pakistan

Gold & Silver Rate

KARACHI – The price of a single tola of 24-karat gold in Pakistan is Rs202,000 on Wednesday. The price of 10 grams of 24k gold was recorded at Rs173,190.

Likewise, 10 grams of 22k gold were being traded for Rs164,500 while a single tola of 22-karat gold was being sold at Rs 179,100.

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.

City	Gold	Silver
Lahore	PKR 202,000	PKR 2,390
Karachi	PKR 202,000	PKR 2,390
Islamabad	PKR 202,000	PKR 2,390
Peshawar	PKR 202,000	PKR 2,390
Quetta	PKR 202,000	PKR 2,390
Sialkot	PKR 202,000	PKR 2,390
Attock	PKR 202,000	PKR 2,390
Gujranwala	PKR 202,000	PKR 2,390
Jehlum	PKR 202,000	PKR 2,390
Multan	PKR 202,000	PKR 2,390
Bahawalpur	PKR 202,000	PKR 2,390
Gujrat	PKR 202,000	PKR 2,390
Nawabshah	PKR 202,000	PKR 2,390
Chakwal	PKR 202,000	PKR 2,390
Hyderabad	PKR 202,000	PKR 2,390
Nowshehra	PKR 202,000	PKR 2,390
Sargodha	PKR 202,000	PKR 2,390
Faisalabad	PKR 202,000	PKR 2,390
Mirpur	PKR 202,000	PKR 2,390