ISLAMABAD – A senior leader of Pakistan Tehreek-e-Insaf has announced quitting politics for life, marking another blow to the incarcerated Imran Khan.
Asad Umar, a close aide of Imran Khan, who is now facing dozens of cases, announced his decision in a heartfelt social media post.
Taking it to microblogging platform, the former finance minister said "after more than one decade in public life, he has now decided to completely quit politics."
The 62-year-old said he disagreed with his party policy of confrontation with state institutions, saying these policies led to serious collission with state institutions, which is not in the interest of the country. I am resigning from basic membership of PTI, he said.
After more than one decade in public life, I have decided to completely quit politics.— Asad Umar (@Asad_Umar) November 11, 2023
As i had already stated publicly earlier that i disagree with the policy of confrontation with state institutions, and such a policy has led to a serious collission with state institutions,…
He however thanked all those who supported him in public life. He particularly expressed gratitude to the NA 54 team and the voters who elected him twice.
Asad said he gave his best to serve the constituency. May Allah's blessings shine upon the Pakistani nation, the post further reads.
In May this year, former minister announced stepping down as the secretary general of Pakistan Tehreek-e-Insaf (PTI) after serving 17 months in the position.
With his resignation, Asad Umar joins scores of PTI leaders who left their positions since crackdown after May 9 events.
More to follow...
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|