Tareen launches 'Istehkam-e-Pakistan Party' as more PTI defectors join him

05:52 PM | 8 Jun, 2023
Tareen launches 'Istehkam-e-Pakistan Party' as more PTI defectors join him
Source: Twitter

LAHORE – Pakistan Tehreek-e-Insaf (PTI) disgruntled leader Jahangir Khan Tareen on Thursday launched new political party, Istehkam-e-Pakistan Party, as several key members of Imran Khan’s team joined him.

More than 100 PTI stalwarts and legislators, who left the party following the events of May 9, are currently seeking new opportunities to boost their political careers. The exodus from the PTI continues as more and more “loyalists of Imran Khan” bid farewell to him with each passing day in order to maintain their relevance in politics.

In a gathering held in Lahore, former PTI stalwarts Fawad Chaudhry, Amir Kiyani, Ali Zaidi, Imran Ismail, Mahmood Maulvi, Firdous Ashiq Awan, Ajmal Wazir, Nauraiz Shakoor, and Fayyazul Hasan Chohan joined the new boss, Jahangir Tareen who will likely to launch his party today in a press conference.

However, some of these individuals had previously announced a temporary departure from politics when they left the PTI after the events of May 9. Their break only lasted a couple of weeks before they formally joined new political faction.

Awn Chaudhry, a member of Tareen’s camp, revealed that the new party would be named the “Istehkam-i-Pakistan Party (IPP).” While there was consensus among the group members regarding the name, a last-minute change is still a possibility.

The newly formed party is expected to play a significant role in Punjab politics during the upcoming general elections. Many PTI deserters and influential figures from south Punjab have already joined the JKT group.

On Wednesday, three former PTI leaders from the south—Sajjad Bokhari, Tasneem Gardezi, and Jahanzeb Warren—publicly announced their affiliation with the JKT group.

Former CM adviser Ali Gilani, ex-lawmakers Mumtaz Mahrvi, Azmat Chishti, and Mehr Irshad Kathia, as well as former PTI leaders retired Major Khurram Rokhari and Usman Ashraf, also met with Mr. Tareen and joined his group.

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Today's currency exchange rates in Pakistan - Dollar, Euro, Pound, Riyal rates on October 1, 2023

KARACHI - Following are the foreign currency exchange rates for US Dollar, Saudi Riyal, UK Pound Sterling, U.A.E. Dirham, European Euro, and other foreign currencies in Pakistan open market on October 1, 2023 (Sunday).

Source: Forex Association of Pakistan. (last update 09:00 AM)

Currency Symbol Buying Selling
US Dollar ‎USD 286.05 289.15
Euro EUR  307 310
UK Pound Sterling GBP 353.3 357
U.A.E Dirham AED 80 80.8
Saudi Riyal SAR 76 76.75
Australian Dollar AUD 189 191
Bahrain Dinar BHD 778.84 786.84
Canadian Dollar CAD 220 222.2
China Yuan CNY 40.24 40.64
Danish Krone DKK 41.83 42.23
Hong Kong Dollar HKD 37.93 38.28
Indian Rupee INR 3.57 3.68
Japanese Yen JPY 1.63 1.71
Kuwaiti Dinar KWD 945.27 954.27
Malaysian Ringgit MYR 62.62 63.22
New Zealand Dollar NZD 174.58 176.58
Norwegians Krone NOK 27.87 28.17
Omani Riyal OMR 762.31 770.31
Qatari Riyal ‎QAR 80.69 81.39
Singapore Dollar SGD 208 210
Swedish Korona SEK 26.62 26.92
Swiss Franc CHF 323.01 325.51
Thai Bhat THB 8.12 8.27

Gold Rate in Pakistan Today – October 1, 2023

Today Gold Rate in Pakistan

KARACHI - The price of a single tola of 24-karat gold in Pakistan is Rs 202,800 on Sunday.

The price of 10 grams of 24k gold was recorded at Rs 173,870.

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 - 1 October 2023

City Gold Silver
Lahore PKR 202,800 PKR 2,420
Karachi PKR 202,800 PKR 2,420
Islamabad PKR 202,800 PKR 2,420
Peshawar PKR 202,800 PKR 2,420
Quetta PKR 202,800 PKR 2,420
Sialkot PKR 202,800 PKR 2,420
Attock PKR 202,800 PKR 2,420
Gujranwala PKR 202,800 PKR 2,420
Jehlum PKR 202,800 PKR 2,420
Multan PKR 202,800 PKR 2,420
Bahawalpur PKR 202,800 PKR 2,420
Gujrat PKR 202,800 PKR 2,420
Nawabshah PKR 202,800 PKR 2,420
Chakwal PKR 202,800 PKR 2,420
Hyderabad PKR 202,800 PKR 2,420
Nowshehra PKR 202,800 PKR 2,420
Sargodha PKR 202,800 PKR 2,420
Faisalabad PKR 202,800 PKR 2,420
Mirpur PKR 202,800 PKR 2,420


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