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Ex-PMLN lawmaker Iftikhar Baloch assaulted, his clothes torn off in Jhang

Web Desk 07:21 PM | 21 Jul, 2022
Ex-PMLN lawmaker Iftikhar Baloch assaulted, his clothes torn off in Jhang
Source: Screengrab

FAISALABAD – A group of unidentified assailants attacked, and tortured former PML-N MPA Iftikhar Khan Baloch near Mauza Kala Bali area in Jhang.

Reports in local media said nearly 10 people on Wednesday attacked Iftikhar Khan Baloch, an independent candidate from PP-125.

It was reported that Baloch was traveling along with his driver when attackers intercepted his vehicle and pulled him out near Mauza Kala Bali. Baloch's enemies stripped him after tearing his clothes and tortured him with rods.

https://twitter.com/UmarCheema1/status/1549819783205511169

Later, the suspects escaped from the spot as police arrived. Cops reportedly asked the politician to submit an application for a case but he refused to proceed with the registration of the case, saying he knew the assailants and would deal with them on his own.

Chief Minister Hamza Shehbaz also took notice of the incident and sought a report from the IGP. He also directed concerned officials to detain the culprits and ensure possible treatment of injured politician.

Iftikhar Khan Baloch is reportedly the father-in-law of Hina Rabbani Khar’s younger brother Malik Ghulam Raza Rabbani Khar, who is a Member of the National Assembly from Muzaffargarh.

Web Desk
Web Desk

Daily Pakistan Global Web Desk

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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.

https://en.dailypakistan.com.pk/01-Jun-2023/today-s-currency-exchange-rates-in-pakistan-dollar-euro-pound-riyal-rates-on-june-1-2023

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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