Syed Mohsin Naqvi: Who is the new caretaker CM Punjab?

Web Desk 09:44 PM | 22 Jan, 2023
Syed Mohsin Naqvi: Who is the new caretaker CM Punjab?
Source: Mohsin Raza Naqvi

Widely renowned as the founder of City News Group, one of the leading news media groups in the country, Syed Mohsin Raza Naqvi is himself a journalist by profession, unlike other owners of top media organizations.

Naqvi was born on October 28, 1978, and did his primary education at Crescent Model School in Lahore.

He graduated from Government College University (GCU) Lahore and moved the USA for further studies in media sciences.

He reportedly stayed in coastal metropolis city of Miami, joined the multinational cable news CNN as a correspondent, and bagged the honour of being the youngest Regional Head of South Asia after returning to Pakistan.

Mohsin, apparently a silver fox who looks older than he actually is, bagged several accolades in journalism. He interviewed several prominent personalities including slain Pakistani premier Benazir Bhutto.

He laid the foundation of City News Network back in 2009 and is now serving as the Chief Executive Officer (CEO) of six news channels including City42, City41, UK44, Channel 24 News, and Rohi TV.

Besides his role in mainstream media, Naqvi is also the Chief Editor of Daily42, a noted local publication.

The father of four holds close ties with the country's top politicians and businessmen including the ruling alliance members Pakistan Muslim League Nawaz (PML-N) and Pakistan Peoples Party (PPP).

On January 22, Pakistan's top electoral watchdog unanimously decided to appoint Naqvi as the caretaker chief minister for Punjab. His appointment was immediately rejected by Imran Khan-led Pakistan Tehreek-i-Insaf (PTI) as 'controversial'.

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KARACHI - Following are the foreign currency exchange rates for US Dollar, Saudi Riyal, UK Pound Sterling, U.A.E. Dirham, European Euro, and other foreign currencies in Pakistan open market on February 03, 2023 (Friday).

Source: Forex Association of Pakistan. (last update 09:00 AM)

Currency Symbol Buying Selling
US Dollar ‎USD 272.25 273.25
Euro EUR 297.32 297.65
UK Pound Sterling GBP 333.31 333.61
U.A.E Dirham AED 73.03 73.33
Saudi Riyal SAR 71.49 71.80
Australian Dollar AUD 188.9 191.3
Bahrain Dinar BHD 712.73 720.73
Canadian Dollar CAD 200.95 203.15
China Yuan CNY 39.67 40.07
Danish Krone DKK 39.11 39.51
Hong Kong Dollar HKD 34.19 34.54
Indian Rupee INR 3.28 3.39
Japanese Yen JPY 2.5 2.54
Kuwaiti Dinar KWD 877.76 886.76
Malaysian Ringgit MYR 62.83 63.43
New Zealand Dollar NZD 173.25 175.25
Norwegians Krone NOK 26.76 27.09
Omani Riyal OMR 696.08 704.08
Qatari Riyal ‎QAR 73.62 74.32
Singapore Dollar SGD 204 206
Swedish Korona SEK 25.61 25.91
Swiss Franc CHF 291.69 294.19
Thai Bhat THB 8.15 8.3

KARACHI – The price of a single tola of 24-karat gold in Pakistan is Rs 212,900 on Friday. The price of 10 grams of 24k gold was recorded at Rs182,530.

Likewise, 10 grams of 22k gold were being traded for Rs167,318 while a single tola of 22-karat gold was being sold at Rs 195,157.

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 212,900 PKR 2,420
Karachi PKR 212,900 PKR 2,420
Islamabad PKR 212,900 PKR 2,420
Peshawar PKR 212,900 PKR 2,420
Quetta PKR 212,900 PKR 2,420
Sialkot PKR 212,900 PKR 2,420
Attock PKR 212,900 PKR 2,420
Gujranwala PKR 212,900 PKR 2,420
Jehlum PKR 212,900 PKR 2,420
Multan PKR 212,900 PKR 2,420
Bahawalpur PKR 212,900 PKR 2,420
Gujrat PKR 212,900 PKR 2,420
Nawabshah PKR 212,900 PKR 2,420
Chakwal PKR 212,900 PKR 2,420
Hyderabad PKR 212,900 PKR 2,420
Nowshehra PKR 212,900 PKR 2,420
Sargodha PKR 212,900 PKR 2,420
Faisalabad PKR 212,900 PKR 2,420
Mirpur PKR 212,900 PKR 2,420


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