ISLAMABAD – Pakistan Air Force has kickstarted its multinational air drill, codenamed Indus Shield-2023, at one of its operational base.
The air exercise was a splendid display of international camaraderie and airpower, as forces from the 14th Nation flocked to PAF’s Airpower Centre of Excellence (ACE).
‘Indus Shield 2023’ aimed to unite aviation experts from several Middle Eastern countries including Saudi Arabia, the United Arab Emirates, Qatar, Turkiye, Egypt, Oman, Bahrain, Azerbaijan, Indonesia, Morocco, Uzbekistan, China, and Hungary.
PAF'S 14 NATION MULTINATIONAL AIR EXERCISE INDUS SHIELD-2023 KICKS OFF AT ACE— The Intel Consortium (@IntelPk_) October 8, 2023
In a magnificent display of international camaraderie and airpower, PAF has proudly inaugurated its14 Nation Multinational Air Exercise, Indus Shield-2023, at an operational air base of Pakistan Air… pic.twitter.com/BjsP3fqJ68
Pakistani forces occasionally organize such international drills to strengthen defense ties with other countries as troops learn from the experiences and techniques of other nations.
Air Vice Marshal Tariq Mehmood Ghazi inaugurated the event as chief guest, and emphasized its significance in achieving common objectives in the face of evolving dynamics of air warfare.
In a statement, Air Vice Marshal said ‘Indus Shield 2023’ not only offers a unique opportunity for participating air forces to bring their unparalleled skills and operational capabilities to the spotlight, but will also deepen mutual understanding between the participating contingents to promote interoperability.
He said forces will learn the invaluable experience of aerial warfare employment tactics to the air and ground crew through simulation of real-time war scenarios and varied combat missions.
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|