According to a report by moneycontrol, Wing Loong II, a high-end reconnaissance, strike and multi-role endurance unmanned aircraft system, is manufactured by Chengdu Aircraft Industrial (Group) Company; it made its maiden flight in February last year.
In future, the Unmanned Aerial Vehicle (UAV) will also be jointly manufactured, as per the reports carried by Chinese state-run Global Times.
The Pak-China deal comes on the heels of India's move to acquire S-400 sophisticated missile defence systems from Russia; the deal was brokered during recent visit of Russian President Vladimir Putin to New Delhi.
The deal for the acquisition of Chinese drones was announced by Pakistan Air Force's Sherdils Aerobatic Team on its official Facebook account on Sunday, however, the exact worth of the deal was not revealed.
The air force academy aerobatics team announced the deal regarding the drones though Chengdu Aircraft Industrial Group did not confirm when the deal was reached.
China is the largest supplier of the weapon system to the Pakistan Army; both the countries also jointly manufacture JF-Thunder, a single engine multi-role combat aircraft.
According to military expert and TV commentator, Song Zhongping the deal involving as many as 48 Wing Loong IIs, if confirmed, would be China's largest export deal for drones to date.
The deal is trustworthy given the close military ties between the two countries and Pakistan's need for drones, Song said.
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 |
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.
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 |
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