The spectacular show by PAF was first of its kinds in the metropolis that followed a prestigious military parade in Islamabad.
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Accompanied by air force and navy officials, Governor Sindh Muhammad Zubair was chief guest of the flypast that was held in connection with the Pakistan Day.
JF-17 Thunder, F-16 and Meraj aircrafts performed the aerobatic manoeuvring at the air show and a large number of locals poured in to catch a glimpse of the tempting show.
Earlier, a glorious military parade in Islamabad was organised where modern weaponry, latest arsenal and colours of Pakistani culture were shown.
Prime Minister Nawaz Sharif, President Mamnoon Hussain and COAS General Qamar Bajwa, Chief of Naval Staff Admiral Mohammad Zakaullah, Defence Minister Khawaja Asif, families of martyrs and top level officials attended the event.
Personnel from all three armed forces: Pakistan Army, Navy and Air Force, along with their counterparts from China, Saudi Arabia and Turkey displayed their strength on the occasion.
Turkish military bands mesmerised the audience with their performance and earned a huge round of applause.
ISLAMABAD – Pakistani rupee finally ended its losing streak against US dollar on Tuesday, gaining Rs4.43 after massive depreciation over the last week.
During the intra-day trading, the rupee was hovering at 266.75 with an appreciation of around 1.07 percent as talks between Pakistan and IMF underway for a stalled bailout programme.
Earlier on Monday, the rupee plunged by Rs7 and the greenback touched all-time high of Rs272. Last week, the local currency dropped by Rs24.54 in the interbank market – the largest single-day depreciation in more than two decades.
Finance experts linked the rupee’s recovery to exporters offloading some of their proceeds as remittances and export continued days after dollar cap was removed.
The country of over 220 million is facing a worst economic crisis with the forex reserved held by the country’s central bank remaining at critical $3.68 billion which were not enough to cover a month's import.
KARACHI – The price of a single tola of 24-karat gold in Pakistan is Rs205,900 on Tuesday. The price of 10 grams of 24k gold was recorded at Rs176,530.
Likewise, 10 grams of 22k gold were being traded for Rs162,500 while a single tola of 22-karat gold was being sold at Rs 182,100.
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.
|Lahore||PKR 205,900||PKR 2,370|
|Karachi||PKR 205,900||PKR 2,370|
|Islamabad||PKR 205,900||PKR 2,370|
|Peshawar||PKR 205,900||PKR 2,370|
|Quetta||PKR 205,900||PKR 2,370|
|Sialkot||PKR 205,900||PKR 2,370|
|Attock||PKR 205,900||PKR 2,370|
|Gujranwala||PKR 205,900||PKR 2,370|
|Jehlum||PKR 205,900||PKR 2,370|
|Multan||PKR 205,900||PKR 2,370|
|Bahawalpur||PKR 205,900||PKR 2,370|
|Gujrat||PKR 205,900||PKR 2,370|
|Nawabshah||PKR 205,900||PKR 2,370|
|Chakwal||PKR 205,900||PKR 2,370|
|Hyderabad||PKR 205,900||PKR 2,370|
|Nowshehra||PKR 205,900||PKR 2,370|
|Sargodha||PKR 205,900||PKR 2,370|
|Faisalabad||PKR 205,900||PKR 2,370|
|Mirpur||PKR 205,900||PKR 2,370|