Mahoor Shahzad clinches another double crown in National Badminton Championship

Web Desk 05:51 PM | 13 Mar, 2023
Mahoor Shahzad clinches another double crown in National Badminton Championship
Source: MahoorShahzadOfficial/Facebook

LAHORE – Olympian Mahoor Shahzad, Wapda's national badminton champion, once again claimed double crown while her team Wapda’s won three more titles in the National Badminton Championship.

Wapda won three more titles - Men’s Single, Women’s Single and Women’s Double - in the event. Earlier, they had already won both Men’s and Women’s titles in the championship five days ago.

Wapda’s Mahoor Shahzad defeated Wapda’s Ghazala Javed 2-1 in the women’s singles final.

While Mahoor and Ghazala of Wapda beat Farzana/Saba 2-0 in the women’s doubles final. 

Hafiz Irfan Saeed Bhatti of Wapda outclassed Muqeet Tahir of Wapda by 2-0 in the men’s singles final.

The championship was organized by National Badminton Federation in collaboration with Wapda Sports Board here at Wapda Sports Complex. As many as 11 teams are participating in the championship including Balochistan, Punjab, KP, Sindh, AJK, Islamabad, Pakistan Army, Pakistan Railways, Wapda, HEC and Police.

Wapda Sports Board President Imdad Ullah Memon was the chief guest of the concluding ceremony, who distributed trophies and medals among the winning teams and the players.

Meanwhile, Wapda also won the National Body Building Championship 2023 that concluded at Peshawar the other day. Wapda secured 142 points in the championship with eight gold, five silver and five bronze medals.

Web Desk
Web Desk

Daily Pakistan Global Web Desk


Rupee gains massive recovery against US dollar after SBP relaxes rules for banks

KARACHI – The Pakistani rupee experienced a significant surge in its value in the open market against the dollar.

This surge came after a recent directive from the State Bank of Pakistan (SBP), allowing banks to purchase dollars at the interbank market rate for international card payments. The objective of this move was to narrow the exchange rate gap between the official and informal markets.

According to the Exchange Companies Association of Pakistan, the currency market witnessed the dollar being traded at Rs298, compared to its previous day’s closing rate of 311.

The SBP’s decision was influenced by the International Monetary Fund’s demand for Pakistan to stabilize its currency market before resuming a $6.5 billion bailout program.

In a circular, the central bank stated, “In response to the feedback received from various stakeholders, Authorized Dealers are now permitted to buy USD from the Interbank market to settle card-based cross border transactions with international payment schemes (IPS).”

Market analysts had predicted a decline in the value of the rupee following the implementation of these new guidelines.

Zafar Paracha, the General Secretary of the ECAP, expressed that the SBP’s decision was timely and appropriate. He anticipated that it would lead to a decrease of 20 to 25 rupees in the open market currency rate. Paracha also noted that aligning the rates in the official and informal markets would bolster remittance inflows.

Pracha further emphasized that significant disparities in rates between the official and informal markets encourage transactions outside of the official banking system.

Today's gold rates in Pakistan – June 1, 2023

KARACHI – The price of a single tola of 24-karat gold in Pakistan is Rs 229,000 on Thursday. The price of 10 grams of 24k gold was recorded at Rs197,620.   

Likewise, 10 grams of 22k gold were being traded for Rs181,150 while a single tola of 22-karat gold was being sold at Rs 211,290.

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 229,000 PKR 2125
Karachi PKR 229,000 PKR 2125
Islamabad PKR 229,000 PKR 2125
Peshawar PKR 229,000 PKR 2125
Quetta PKR 229,000 PKR 2125
Sialkot PKR 229,000 PKR 2125
Attock PKR 229,000 PKR 2125
Gujranwala PKR 229,000 PKR 2125
Jehlum PKR 229,000 PKR 2125
Multan PKR 229,000 PKR 2125
Bahawalpur PKR 229,000 PKR 2125
Gujrat PKR 229,000 PKR 2125
Nawabshah PKR 229,000 PKR 2125
Chakwal PKR 229,000 PKR 2125
Hyderabad PKR 229,000 PKR 2125
Nowshehra PKR 229,000 PKR 2125
Sargodha PKR 229,000 PKR 2125
Faisalabad PKR 229,000 PKR 2125
Mirpur PKR 229,000 PKR 2125


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