Search

Shahid Afridi to miss today's PSL match due to injury

Nozair Hanif Mirza 01:26 PM | 21 Mar, 2018
Shahid Afridi to miss today's PSL match due to injury
LAHORE (Sarfraz Ali) – Former Pakistani skipper Shahid Khan Afridi will not be playing in the Pakistan Super League second eliminator match between Karachi Kings and Peshawar Zalmi due to his knee injury, Karachi Kings announced today (Wednesday).

Mukhtar Ahmed, Zulfiqar Babar and Danish Aziz have joined King’s squad for today’s match.

Afridi, who has already called time on the international career, was facing severe pain to his knee during the match with Islamabad United.

https://www.facebook.com/dailypakistan.en/videos/1668805736532665/

Alongside, the unavailability of captain Imad Wasim can also prove to be a big blow for the team. Imad had suffered a concussion after he stumbled while catching the ball during a match against Lahore Qalandars on March 11.

If Imad sits out, then England's Ravi Bopara will lead the Kings in the crucial eliminator against Peshawar Zalmi, which will be played in Lahore's Gaddafi Stadium today.

On the other hand, Bangladesh's Tamim Iqbal, who is playing for Peshawar Zalmi, will also remain unavailable for the match due to a knee issue.

Peshawar Zalmi is going up against Karachi Kings in a decider match and today's winner will face Islamabad United in PSL final on March 25, will be held at Karachi's National Stadium.

Nozair Hanif Mirza
Nozair Hanif Mirza

The writer is a member of the staff. He can be accessed on Twitter @iamnozair

Advertisement

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

Advertisement

Follow us on Facebook

Follow us on Twitter

Sign up for Newsletter