LAHORE – Pakistan beat New Zealand by 88 runs in the first game of the five-match T20I series at Lahore's Gaddafi Stadium on Friday.
Pakistan won the toss and decided to bat first when the match started at 9:00pm PST. Pakistan set a target of 183 runs in 19.5 overs at the loss of all 10 wickets. Chasing the target, the entire New Zealand team collapsed at 94 runs in 15.3 overs.
Babar Azam-led Pakistan played their first T20I here since October 2022, when they played England in the lead-up to the ICC Men’s T20 World Cup. Pakistan have won 10 of the 18 matches here since 2015 and the venue has provided viewers action their money’s worth with 8.13 runs being scored per over.
For the Kiwis, it is an unchartered territory as they have never played a T20I in Pakistan. They hoped to bank on the experience of their recent tour of Karachi when they played two Tests and three One-Day Internationals across December and January and the data available to them about the venue, but playing in Gaddafi Stadium against a full-fledged Pakistan side was a challenging task.
Pakistan already have an upper-hand as they have defeated New Zealand four times in the last five matches, the most recent one being a convincing seven-wicket win in the T20 World Cup semi-final in Sydney. That only defeat was during the tri-series in Christchurch, which Pakistan won, just before the World Cup.
Pakistan squad: Babar Azam (captain), Shadab Khan (vice-captain), Faheem Ashraf, Fakhar Zaman, Haris Rauf, Iftikhar Ahmed, Ihsanullah, Imad Wasim, Mohammad Haris, Mohammad Nawaz, Mohammad Rizwan, Naseem Shah, Saim Ayub, Shaheen Shah Afridi, Shan Masood and Zaman Khan
New Zealand squad: Tom Latham (captain, wk), Chad Bowes, Mark Chapman, Dane Cleaver, Matt Henry, Ben Lister, Adam Milne, Cole McConchie, Daryl Mitchell, Jimmy Neesham, Rachin Ravindra, Henry Shipley, Ish Sodhi, Blair Tickner, Will Young
Daily Pakistan Global Web Desk
KARACHI – The Pakistani rupee on Tuesday continued its ascent, trading at less than Rs290 against the US dollar in the morning interbank market, primarily due to stringent measures in the financial sector.
The US dollar was valued at Rs289.78 around 9:48 am, as reported by the Forex Association of Pakistan, marking a decrease of Rs1.18 from the previous day’s closing rate of Rs290.86.
This ongoing rise in the value of the rupee follows the crackdown on illegal dollar trading initiated earlier this month, with strong support from the military.
In the open market, the rupee also made gains against the dollar, trading at Rs292 compared to the previous day’s rate of Rs293, according to the Exchange Companies Association of Pakistan.
Saad Bin Naseer, the director of the financial services platform Mettis Global, noted that this marked the 16th consecutive day of appreciation for the PKR, amounting to nearly a 6% increase.
Naseer attributed this surge primarily to administrative measures, stating that it seems the government’s crackdown on speculative elements contributing to rupee depreciation is having an effect.
He also suggested that if this trend persists and the Afghan border remains closed, the rupee could continue to appreciate in the future. However, he emphasized the importance of attracting foreign direct investment (FDI) into export-oriented sectors for long-term stability.
KARACHI – The price of a single tola of 24-karat gold in Pakistan is Rs 210,100 on Tuesday. The price of 10 grams of 24k gold was recorded at Rs180,130.
Likewise, 10 grams of 22k gold were being traded for Rs168,730 while a single tola of 22-karat gold was being sold at Rs196,807.
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 210,100 | PKR 2,587 |
Karachi | PKR 210,100 | PKR 2,587 |
Islamabad | PKR 210,100 | PKR 2,587 |
Peshawar | PKR 210,100 | PKR 2,587 |
Quetta | PKR 210,100 | PKR 2,587 |
Sialkot | PKR 210,100 | PKR 2,587 |
Attock | PKR 210,100 | PKR 2,587 |
Gujranwala | PKR 210,100 | PKR 2,587 |
Jehlum | PKR 210,100 | PKR 2,587 |
Multan | PKR 210,100 | PKR 2,587 |
Bahawalpur | PKR 210,100 | PKR 2,587 |
Gujrat | PKR 210,100 | PKR 2,587 |
Nawabshah | PKR 210,100 | PKR 2,587 |
Chakwal | PKR 210,100 | PKR 2,587 |
Hyderabad | PKR 210,100 | PKR 2,587 |
Nowshehra | PKR 210,100 | PKR 2,587 |
Sargodha | PKR 210,100 | PKR 2,587 |
Faisalabad | PKR 210,100 | PKR 2,587 |
Mirpur | PKR 210,100 | PKR 2,587 |
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