Talking to newsmen, FIA divisional deputy director Khalid Anees said Sabir Gujjar, the main suspect, had taken some of the 15 men from Punjab to Quetta after minting hefty money from them.
The official described that in Quetta, Gujjar had allegedly paid an accomplice Abid Gujjar Rs50,000 to take his clients further, who then handed over the men to two other agents.
"Sabir Gujjar remains at large," the official said but hastened to add that Muhammad Tanveer from Mundair Khurd village of Sialkot district was picked up for his alleged involvement in human trafficking.
The FIA official maintained that Tanveer and his nephew Rashid Cheema, who is currently in Turkey, had taken Rs150,000 each from Abdul Ghafoor and Zafran, residents of Bhagwal Awan village in Sialkot district, to send them to Turkey via Iran, however, Ghafoor and Zafran were both among those killed.
Another suspect, Zafer Iqbal of Jamki Chattha in Wazirabad tehsil was also rounded up along with the son of Muhammad Khan Pathan of Phalia, a notorious human trafficker.
The prime suspects of human trafficking Sabir Gujjar and Abid Gujjar hail from the same village. The FIA official said they were conducting raids to arrest them.
He added that the 15 men had been brought to Quetta separately, some as early as 20 days ago.
The arrests came in the purview of Fifteen bullet-riddled bodies which were recovered from Gorek area of Turbat district of Balochistan, according to the local administration. The bodies were discovered by the Levies officials.
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.
https://en.dailypakistan.com.pk/01-Jun-2023/today-s-currency-exchange-rates-in-pakistan-dollar-euro-pound-riyal-rates-on-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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