LAHORE – Punjab Chief Minister Parvez Elahi has hinted at the possibility of a merger between the Pakistan Muslim League-Quaid (PML-Q) and its ally the Pakistan Tekreek-e-Insaf (PTI).
Answering a question during a media talk at the inauguration ceremony of the Khatam Ul Nabiyeen University in Lahore, Ch Parvez Elahi implied that the PTI-PML-Q merger might be a possibility.
The proposal for the merger of the two parties was shared with journalists by Imran Khan in a meeting at his Zaman Park residence in Lahore Friday, where he looked quite relaxed and confident after Parvez Elahi’s successful vote of confidence.
Speaking to the media on Sunday, Elahi also said that Prime Minister Shehbaz Sharif would have to “fight for his life” to get the vote of confidence.
On the matter of the dissolution of the Punjab Assembly, Elahi told reporters that the governor of Punjab had to write a letter to Hamza Shahbaz, who is the Leader of the Opposition in the now-dissolved assembly.
“I don’t know if Hamza has returned to Pakistan yet or not, but he will meet Imran Khan tonight.”
Both Imran and Hamza are to suggest three potential names each as caretakers to the outgoing chief minister today.
Elahi, commenting on the recent trust vote he took in the provincial assembly said that the governor belonged to the PML-N and had instructed Elahi to take the vote of confidence.
The outgoing chief minister during his media address further added, “There will be such a split in the Pakistan Democratic Movement (PDM) that it will not be able to maintain its position and collapse.”
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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