Never said people should rise up against the government, clarifies Chief Justice Anwar Zaheer Jamali

Haider Ali 03:05 PM | 14 Oct, 2016
Never said people should rise up against the government, clarifies Chief Justice Anwar Zaheer Jamali
ISLAMABAD (Web Desk) - Chief Justice of Pakistan Anwar Zaheer Jamali on Friday termed the coverage of Thursday‘s proceeding ‘irresponsible‘ and clarified that he never said people should stand up against the government.

While hearing the case pertaining to the Punjab government’s Orange Line Metro Train project, the Chief Justice made it clear that no judge can give such irresponsible remarks in the courtroom.

Justice Anwar Zaheer Jamali went on to say that he only asked people to vote the right person as it is for the people who vote the rulers to power.

The court had directed the plaintiffs and all the respondents to suggest the names of three experts each who could advise the bench regarding technical matters in the Orange Line Mertro Train case.

The apex court is hearing the appeals of the Punjab government, Lahore Development Authority (LDA), the Punjab Mass Transit Authority and Nespak against the Lahore High Court’s verdict regarding ban on the construction work within 200 feet of 11 heritage Lahore.

Earlier, on Thursday multiple media channels quoted Chief Justice of Pakistan as saying" People are being fooled in the name of democracy as monarchy was established in the country in the name of democracy".

Related: “People are being fooled in the name of democracy,” Chief Justice shows his anger for the PMLN govt

Major opposition parties threw weight behind the remarks of the Chief Justice and opined that the highest judicial office vindicated their stance.

Pakistan Tehree-e-Insaf in particular took the remarks as an endorsement for their upcoming capital lock down and urged people to stand against the corrupt system.

However, the CJ has cleared the air regarding his remarks adding that the media reporting was irresponsible.

Haider Ali

The writer is a civil servant.


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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