TEL AVIV – Israel has ordered imposition of a "total blockade" on Gaza, including a ban on transferring of food and fuel to the area as Hamas-Israel conflict rages on.
Israel has already cut electricity supply to the region as there is complete blackout in the region after Hamas launched a surprise attack on Israel on Saturday, reports said.
Israeli Defense Minister Yoav Gallant in a statement said, “I have ordered a complete siege on the Gaza Strip. There will be no electricity, no food, no fuel, everything is closed. We are fighting human animals and we act accordingly.”
Deadly skirmishes continued to rage on Israeli soil, with over 710 people reported dead in Hamas attacks, and more than 400 Gaza residents killed in Israeli air raids, as Tel Aviv reacts to the deadliest attack on its own soil in nearly 5 decades.
Jewish state escalated bombardment in Gaza over the weekend, declaring war as Palestinian resistance group said their fighters continued to battle against Israel.
Hamas members have done serious damage in Israel and citizens were most who are suffering from unseen mayhem. The militant group, who dodged Israeli intelligence, also took hostage several people including some army officials and families.
Amid warnings of long conflict, Israeli PM Netanyahu warned of stern retaliation, saying Tel Aviv would take mighty vengeance and was readying for a long and difficult war. He also intimidated Palestinians to leave now.
Israeli forces claimed to target nearly dozen Hamas targets in multistory buildings in Gaza, including the its production site, arms storage, intelligence headquarters and military compound.
Hamas fighters rampaged through Israeli towns as the country suffered its bloodiest day in decades on Saturday. Israel battered Palestinians with air strikes in Gaza on Sunday, with hundreds reportedly killed on both sides. The spiraling violence threatens to start a major new war in the Middle East.
The attack by Hamas launched at dawn on Saturday represented the biggest and deadliest incursion into Israel since Egypt and Syria launched a sudden assault in an effort to reclaim lost territory in the Yom Kippur war 50 years ago.
Pakistani rupee continued its momentum against the US dollar, and orther currencies in the open market on Thursday, as the local currency also improved in the inter-bank market.
On Thursday, the US dollar moved down and was being quoted at 283.2 for buying and 286.15 for selling.
Euro comes down to 308 for buying and 311 for selling. British Pound rate dropped to 358.5 for buying, and 362 for selling.
UAE Dirham AED witnessed slight drop and new rate stands at 77.4 whereas the Saudi Riyal remained stable at 76.
Source: Forex Association of Pakistan. (last update 09:00 AM)
|UK Pound Sterling||GBP||358.5||362|
|Hong Kong Dollar||HKD||36.41||36.76|
|New Zealand Dollar||NZD||174.54||176.54|
Gold price in Pakistan remained under pressure as the yellow metal moved down despite an upward trend in the international market.
On Thursday, the price of a single tola of 24-karat gold stands at Rs217,100 and 10 grams of 24k gold costs Rs186,130.
Single tola of 22 Karat Gold costs Rs199,000, 21 karat rate for per tola is Rs189,960 and 18k gold rate is Rs162,825.00 for each tola.
In the global market, gold prices hover at around $2026, gaining $8.30 on Thursday.
Today Gold Price in Pakistan (4 September 2023)
|Lahore||PKR 217,100||PKR 2,565|
|Karachi||PKR 217,100||PKR 2,565|
|Islamabad||PKR 217,100||PKR 2,565|
|Peshawar||PKR 217,100||PKR 2,565|
|Quetta||PKR 217,100||PKR 2,565|
|Sialkot||PKR 217,100||PKR 2,565|
|Attock||PKR 217,100||PKR 2,565|
|Gujranwala||PKR 217,100||PKR 2,565|
|Jehlum||PKR 217,100||PKR 2,565|
|Multan||PKR 217,100||PKR 2,565|
|Bahawalpur||PKR 217,100||PKR 2,565|
|Gujrat||PKR 217,100||PKR 2,565|
|Nawabshah||PKR 217,100||PKR 2,565|
|Chakwal||PKR 217,100||PKR 2,565|
|Hyderabad||PKR 217,100||PKR 2,565|
|Nowshehra||PKR 217,100||PKR 2,565|
|Sargodha||PKR 217,100||PKR 2,565|
|Faisalabad||PKR 217,100||PKR 2,565|
|Mirpur||PKR 217,100||PKR 2,565|