Pakistan Navy kicks off first CNS International Sailing Regatta to promote water sports

Web Desk 01:42 PM | 16 Mar, 2023
Pakistan Navy kicks off first CNS International Sailing Regatta to promote water sports
Source: Screengrabs

ISLAMABAD – Pakistan Navy kicked off first ever international sailing event, the 1st CNS International Sailing Regatta at Naval Aquatic Club, Karachi.

In a statement, the Navy said the objective of the maiden Sailing Regatta is to foster water sports culture by bringing together sailors from national and foreign countries. CNS International Sailing Regatta aims to offer a platform for young Pakistani talents to train alongside some of the world’s top sailors and gain sailing tactics from their experiences, thereby enhancing potential of national team for future participation in international events like Asian games, Olympics etc, it said.

President Pakistan Sailing Federation Rear Admiral Muhammad Saleem attended the launching ceremony as Chief Guest.

The sporting event will continue till March 20 and participants will take part in races in various categories including Laser Standard, Laser 4.7, and Windsurfing categories.

Sailors from Pakistan, Australia, Bahrain, Egypt, Malaysia, Oman, Singapore, Sri Lanka, and Thailand will demonstrate their skills by contending in multiple categories of the water sports competition.

Pakistan Navy also promoted water sports and even sponsored other athletic activities, including hockey, squash and golf.

Web Desk
Web Desk

Daily Pakistan Global Web Desk


USD to PKR: Pakistani rupee remains stable against dollar as IMF talks underway

ISLAMABAD – Pakistani rupee remained stable against the US dollar as the market is looking for direction amid Pakistan’s ongoing negotiations with the International Monetary Fund (IMF).

Amid the economic uncertainty, the local currency remained unchanged against the greenback, moving up 0.01 percent during the opening hours of trading. Before noon, PKR was hovering at 285.40 in the interbank.

In contrast to the inter-bank, the dollar continued its upward trajectory in the open market and is reportedly available at Rs315, as the gap between the official rate and open market rate is Rs30 per dollar.

As the money market is waiting for a positive development from the economic front, International Monetary Fund (IMF) Mission Chief to Pakistan said they continued engagement with Islamabad focusing on the restoration of foreign exchange proper market functioning, with special on the upcoming budget.

Today's gold rates in Pakistan – May 30 2023

KARACHI - The price of a single tola of 24-karat gold in Pakistan is Rs 232,700 on Tuesday.The price of 10 grams of 24k gold was recorded at Rs199,510.   

Likewise, 10 grams of 22k gold were being traded for Rs163,624 while a single tola of 22-karat gold was being sold at Rs 190,880.

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 232,700 PKR 2,500
Karachi PKR 232,700 PKR 2,500
Islamabad PKR 232,700 PKR 2,500
Peshawar PKR 232,700 PKR 2,500
Quetta PKR 232,700 PKR 2,500
Sialkot PKR 232,700 PKR 2,500
Attock PKR 232,700 PKR 2,500
Gujranwala PKR 232,700 PKR 2,500
Jehlum PKR 232,700 PKR 2,500
Multan PKR 232,700 PKR 2,500
Bahawalpur PKR 232,700 PKR 2,500
Gujrat PKR 232,700 PKR 2,500
Nawabshah PKR 232,700 PKR 2,500
Chakwal PKR 232,700 PKR 2,500
Hyderabad PKR 232,700 PKR 2,500
Nowshehra PKR 232,700 PKR 2,500
Sargodha PKR 232,700 PKR 2,500
Faisalabad PKR 232,700 PKR 2,500
Mirpur PKR 232,700 PKR 2,500


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