Pakistan asks World Bank to empanel Arbitration Court as India threatens to halt water flow

Associated Press of Pakistan 03:28 PM | 9 May, 2019
Pakistan asks World Bank to empanel Arbitration Court as India threatens to halt water flow
ISLAMABAD - Pakistan on Thursday called upon the World Bank to set up its Court of Arbitration under Indus Water Treaty after India hinted of restricting the flow of water into Pakistan from its share of rivers.

Foreign Office Spokesman Dr Mohammad Faisal, at a weekly press briefing, said contrary to India’s reluctance, Pakistan favoured the continuity of Treaty and also the smooth functioning of its dispute resolution mechanism.

India’s Minister of Water Resources and Shipping Nitin Gadkari on Thursday said New Delhi will stop Pakistan’s share of water as allocated under the Indus Water Treaty.

Minister Gadkari also announced that "India was not bound to follow the Treaty and had plans to divert the water flow to Punjab, Haryana and Rajasthan".

The FO Spokesman said Indus Water Treaty was mutually agreed upon between Pakistan and India, however, India violated it by constructing Kishanganga and the under-progress Ratley hydroelectric


Under the Indus Water Treaty signed in 1960, Islamabad has unrestricted access to the western rivers - Indus, Jhelum and Chenab - while New Delhi enjoys the same authority over the eastern rivers -

Ravi, Beas and Sutlej.

On the Afghan peace process, he said Pakistan supported dialogue and political solution of Afghanistan with focus on “Afghan-led and Afghan-owned approach”.

He said Pakistan urged all the stakeholders to converge their energies on negotiations to avoid conflict in the already war-torn country.

On chances of meeting between Foreign Minister Shah Mehmood Qureshi and Indian External Affairs Minister Sushma Swaraj at the upcoming Shanghai Cooperation Organization moot on May 21-22 in

Bishkek, Kyrgyzstan, he said, “informal handshake could be a possibility, however, there is no meeting scheduled so far”.

The FO Spokesman confirmed that Aasia Bibi, the woman acquitted by the Supreme Court on charges of blasphemy, had left Pakistan on her own free will. However, he did not specify which country she had moved to.

Owing to the chaotic situation in Libya, he said Pakistan’s mission was in touch with the representatives of Pakistani community and had advised them to register with the embassy for prompt coordination in case of an emergency situation.

On recent detention of some Chinese citizens by Federal Investigation Agency on charges of human trafficking, the Spokesman declined to comment, saying the matter pertained to Ministry of Interior.

Associated Press of Pakistan
Associated Press of Pakistan

Associated Press of Pakistan Corporation (APPC) - Pakistan's Premier News Agency


Today's currency exchange rates in Pakistan - Dollar, Euro, Pound, Riyal rates on June 4, 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 June 4, 2023 (Sunday).

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

Currency Symbol Buying Selling
US Dollar ‎USD 298.9 302.15
Euro EUR 321 325
UK Pound Sterling GBP 375.5 380
U.A.E Dirham AED 82 83
Saudi Riyal SAR 80 81.2
Australian Dollar AUD 202 204
Bahrain Dinar BHD 758.24 766.24
Canadian Dollar CAD 228 230
China Yuan CNY 40.18 40.58
Danish Krone DKK 41.16 41.56
Hong Kong Dollar HKD 36.39 36.74
Indian Rupee INR 3.45 3.56
Japanese Yen JPY 2 2.08
Kuwaiti Dinar KWD 927 936
Malaysian Ringgit MYR 61.94 62.54
New Zealand Dollar NZD 173.16 175.16
Norwegians Krone NOK 25.67 25.97
Omani Riyal OMR 740.5 748.5
Qatari Riyal ‎QAR 78.37 79.07
Singapore Dollar SGD 220 222
Swedish Korona SEK 26.36 26.66
Swiss Franc CHF 314.07 316.57
Thai Bhat THB 8.21 8.36

Today's gold rates in Pakistan | gold price in Pakistan – June 4, 2023

Gold Rate In Pakistan Today:

KARACHI – The price of a single tola of 24-karat gold in Pakistan is Rs 230,800 on Sunday. 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.

Gold Price in Pakistan: Lahore, Karachi, Islamabad

City Gold Silver
Lahore PKR 230,800 PKR 2125
Karachi PKR 230,800 PKR 2125
Islamabad PKR 230,800 PKR 2125
Peshawar PKR 230,800 PKR 2125
Quetta PKR 230,800 PKR 2125
Sialkot PKR 230,800 PKR 2125
Attock PKR 230,800 PKR 2125
Gujranwala PKR 230,800 PKR 2125
Jehlum PKR 230,800 PKR 2125
Multan PKR 230,800 PKR 2125
Bahawalpur PKR 230,800 PKR 2125
Gujrat PKR 230,800 PKR 2125
Nawabshah PKR 230,800 PKR 2125
Chakwal PKR 230,800 PKR 2125
Hyderabad PKR 230,800 PKR 2125
Nowshehra PKR 230,800 PKR 2125
Sargodha PKR 232,500 PKR 2125
Faisalabad PKR 232,500 PKR 2125
Mirpur PKR 232,500 PKR 2125


Follow us on Facebook

Follow us on Twitter

Sign up for Newsletter