WASHINGTON – US Vice President Mike Pence gave embattled President Donald Trump a lifeline as he has refuse to invoke 25th Amendment for impeaching the latter, even though the Democrats-controlled US House of Representatives voted thrice calling him to replace the president.
"I do not believe that such a course of action is in the best interest of our nation," Pence wrote in a letter to House Speaker Nancy Pelosi.
Despite Pence refusal to strip Trump of powers just eight days before the completion of his four-year term, impeachment proceedings against the president will begin on Wednesday at 9am (7pm Pakistan time.
Trump is under scrutiny after he was accused of inciting his supporters to carry out a mob attack on the Capitol building on Jan 6. During the first such incident in 200 years history of the US, five people including two policemen lost their lives.
While Pence is defiant, it appear that Trump is losing grip on its party as four Republicans, including a member of the House leadership, said they would vote for impeachment of Trump, who is facing it for the second time since in power.
Three other Republicans, John Katko, Adam Kinzinger and Fred Upton, said they would also vote for impeaching Trump.
Democrats are all but sure to approve impeachment in the House. However, it is unlikely though that the Republican-controlled Senate would be called into an emergency session to conduct trial of Trump before his term runs out on January 20.
According to CNN, Trump has no plan to resign from the position as he has rejected blames for a deadly assault on Congress by his supporters.
Pakistani rupee saw marginal improvement against US dollar as it appreciated in the open bank market.
On Thursday, the US dollar moved up and was being quoted at 285.3 for buying and 288.15 for selling.
Euro moves down to 311 for buying and 314 for selling. British Pound rate stands at 358.5 for buying, and 361.5 for selling.
UAE Dirham AED stands at 78 whereas the Saudi Riyal rate stands at 76.20.
Currency | Symbol | Buying | Selling |
US Dollar | USD | 285.3 | 288.15 |
Euro | EUR | 311 | 314 |
UK Pound Sterling | GBP | 358.5 | 361.5 |
U.A.E Dirham | AED | 78 | 78.7 |
Saudi Riyal | SAR | 76.2 | 77 |
Australian Dollar | AUD | 187.2 | 189 |
Bahrain Dinar | BHD | 759.67 | 767.67 |
Canadian Dollar | CAD | 209 | 211 |
China Yuan | CNY | 39.58 | 39.98 |
Danish Krone | DKK | 41.38 | 41.78 |
Hong Kong Dollar | HKD | 36.63 | 36.98 |
Indian Rupee | INR | 3.39 | 3.5 |
Japanese Yen | JPY | 1.49 | 1.56 |
Kuwaiti Dinar | KWD | 926.7 | 935.7 |
Malaysian Ringgit | MYR | 60.38 | 60.98 |
New Zealand Dollar | NZD | 173.44 | 175.44 |
Norwegians Krone | NOK | 26.25 | 26.55 |
Omani Riyal | OMR | 741.26 | 749.26 |
Qatari Riyal | QAR | 77.63 | 78.33 |
Singapore Dollar | SGD | 211 | 213 |
Swedish Korona | SEK | 26.93 | 27.23 |
Swiss Franc | CHF | 325.9 | 328.4 |
Thai Bhat | THB | 8.23 | 8.38 |
KARACHI – The gold price continues to climb up in the local market in line of upward trend in international market.
On Thursday, the single tola of 24 Karat gold was available at Rs218,600, and the price for 10-gram gold reached Rs187,420.
Meanwhile, the 22 Karat Gold price stands at Rs200,380, 21 karat rate for each tola is Rs191,275 and 18k gold rate hoveres around Rs163,950.
In international market, the price of precious metal hovers around $2,045 per ounce.
City | Gold | Silver |
Lahore | PKR 218,600 | PKR 2,675 |
Karachi | PKR 218,600 | PKR 2,675 |
Islamabad | PKR 218,600 | PKR 2,675 |
Peshawar | PKR 218,600 | PKR 2,675 |
Quetta | PKR 218,600 | PKR 2,675 |
Sialkot | PKR 218,600 | PKR 2,675 |
Attock | PKR 218,600 | PKR 2,675 |
Gujranwala | PKR 218,600 | PKR 2,675 |
Jehlum | PKR 218,600 | PKR 2,675 |
Multan | PKR 218,600 | PKR 2,675 |
Bahawalpur | PKR 218,600 | PKR 2,675 |
Gujrat | PKR 218,600 | PKR 2,675 |
Nawabshah | PKR 218,600 | PKR 2,675 |
Chakwal | PKR 218,600 | PKR 2,675 |
Hyderabad | PKR 218,600 | PKR 2,675 |
Nowshehra | PKR 218,600 | PKR 2,675 |
Sargodha | PKR 218,600 | PKR 2,675 |
Faisalabad | PKR 218,600 | PKR 2,675 |
Mirpur | PKR 218,600 | PKR 2,675 |
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