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Army Chief not seeking extension, will retire on due date: DG ISPR

Military spokesperson says no chance for another martial law in Pakistan

04:51 PM | 14 Apr, 2022
Army Chief not seeking extension, will retire on due date: DG ISPR
Source: ISPR

RAWALPINDI – Inter-Services Public Relations (ISPR) Director General Maj Gen Babar Iftikhar has rubbished rumours regarding an extension in General Bajwa's tenure as Chief of Army Staff, saying COAS will retire on the due date in November this year.

DG ISPR cleared the air during a briefing to journalists following the recently held Formation Commanders’ Conference at the General Headquarters.

No matter what, General Bajwa will retire on November 29, 2022, the military spokesperson said days after the top army brass took notice of the recent propaganda campaign by some quarters to malign Pakistan Army and create division between the institution and society.

DG ISPR said Pakistan Army has nothing to do with local politics and said the institution has decided to remain apolitical in the future as well.  He also added that apolitical is a better word than neutral, describing army role.

He also dismissed rumors about the meeting of establishment and opposition parties before the vote of no confidence against Imran Khan.

Gen Iftikhar said there is no truth to ongoing rumors, saying there was no deal or contact between civil-military leaders. He mentioned that army is supposed to have cordial relations with the state and General Bajwa still has pleasant relations with former PM Imran. 

Rejecting the claim that the top judge opened court at midnight on any input from the military or there was any possibility of martial law, he said there will never be another martial law in the country as Pakistan will move into the future as a democratic state.

DG ISPR also mentioned if anyone has evidence about the army’s role in development that occurred on the eve of voting against the former premier, they must come forward with it. He also added that Pakistan Army has no power to give NRO, a controversial ordinance, to anyone.

Addressing the presser, DG ISPR also mentioned that India took advantage of political turmoil in Pakistan as they interfere in the cyber domain and they were targeting the military. He however mentioned that such factors could not create rift in society.

Commenting on the ongoing propaganda against armed forces, he said intelligence had gathered all the data on the social networking sites and will act over it.

He also cleared the air on General Bajwa’s absence from the swearing-in ceremony of Shehbaz Sharif, saying he was not well and did not come to the office on the day.

No talk by the US for military bases in Pakistan

Responding to a question about operational bases of the US within Pakistani territory, DG ISPR said Washington did not ask for bases and there was no mention of it on any level.

He clarified that if bases were asked for, the army would have the same stance, while referring to former Prime Minister Imran Khan who reiterated that Islamabad will not allow the US to carry out counter-terrorism operations from its territory.

General Babar also mentioned the army leadership was on board with the decision of Imran Khan's visit to Moscow, saying there was institutional input that he should go. It was not in anyone’s thoughts that Kremlin would start the war when Khan was there and it was obviously very embarrassing, he added.

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Pakistani rupee exchange rate to US dollar, Euro, Pound, Dirham, and Riyal - 4 Dec  2023

Pakistani rupee's value remained stable against US dollar, Euro, Pound, Dirham, Riyal and other currencies in the open market.

Dollar Rate in Pakistan Today

On Monday, the US dollar was being quoted at 285.15 for buying and 287.95 for selling.

Euro rate stands at 309.9 for buying and 310.5 for selling. British Pound GBP rate stands at 359.4 for buying, and 360.05 for selling.

UAE Dirham AED currently hovers around 77.45 while rate of Saudi Riyal stands at 75.82.

Today’s currency exchange rates in Pakistan – 4 December 2023

Currency Symbol Buying Selling
US Dollar USD 285.15  287.95 
Euro EUR 309.9  310.5 
UK Pound Sterling GBP 359.4  360.05 
U.A.E Dirham AED 77.45 77.6
Saudi Riyal SAR 75.82 75.97
Australian Dollar AUD 187.72 188.22
Bahrain Dinar BHD 759.94 767.94
Canadian Dollar CAD 209.99 210.49
China Yuan CNY 39.78 39.88
Danish Krone DKK 41.95 42.05
Hong Kong Dollar HKD 36.38 36.48
Indian Rupee INR 3.39 3.5
Japanese Yen JPY 1.49 1.56
Kuwaiti Dinar KWD 926.39 935.39
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 742.16 750.18
Qatari Riyal QAR 78.5 79.2
Singapore Dollar SGD 212.45 212.95
Swedish Korona SEK 27.09 27.19
Swiss Franc CHF 325.38 325.88
Thai Bhat THB 8.05 8.09

Gold prices in Pakistan move down despite positive global cues

The gold remained under pressure as the precious metal moved down despite an upward trend in the international market.

Gold Rates in Pakistan Today - 4 December 2023

On the first day of the week, the price of a single tola of 24-karat gold stands at Rs217,000 and 10 grams of 24k gold costs Rs186,043 

A single tola of 22-karat gold costs Rs170,539, while 21 karat rate for each tola is Rs. 192,325 and the price of 18k gold is Rs164,850.

In the global market, gold prices hover at around $2086, gaining $14.44 on Monday.

Today Gold Rate in Pakistan

City Gold Silver
Lahore PKR 217,000 PKR 2,720
Karachi PKR 217,000 PKR 2,720
Islamabad PKR 217,000 PKR 2,720
Peshawar PKR 217,000 PKR 2,720
Quetta PKR 217,000 PKR 2,720
Sialkot PKR 217,000 PKR 2,720
Attock PKR 217,000 PKR 2,720
Gujranwala PKR 217,000 PKR 2,720
Jehlum PKR 217,000 PKR 2,720
Multan PKR 217,000 PKR 2,720
Bahawalpur PKR 217,000 PKR 2,720
Gujrat PKR 217,000 PKR 2,720
Nawabshah PKR 217,000 PKR 2,720
Chakwal PKR 217,000 PKR 2,720
Hyderabad PKR 217,000 PKR 2,720
Nowshehra PKR 217,000 PKR 2,720
Sargodha PKR 217,000 PKR 2,720
Faisalabad PKR 217,000 PKR 2,720
Mirpur PKR 217,000 PKR 2,720

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