Communist leader secures historic third term in power
ISLAMABAD – Pakistan Prime Minister Shehbaz Sharif has conveyed his heartiest felicitations to Chinese President Xi Jinping on his re-election.
In a post on Twitter, the premier said it is a glowing tribute to his sagacious stewardship and unwavering devotion for serving the people of China. “On behalf of the entire Pakistani nation, I congratulate President Xi Jinping on his reelection for the 3rd term”, it further said.
Pakistan also looks forward to working closely with the 'all-weather friend' to further strengthen cooperation in all fields.
On behalf of the entire Pakistani nation, I congratulate President Xi Jinping on his reelection as CPC General Secretary for the 3rd term. It is a glowing tribute to his sagacious stewardship and unwavering devotion for serving the people of China. 🇵🇰 🇨🇳— Shehbaz Sharif (@CMShehbaz) October 23, 2022
PM conveyed greetings to the Chinese premier as he is expected to visit Beijing next month.
Meanwhile, the Chinese premier, who is said to be the most influential leader since founder Mao Zedong, has stepped into his third term ruling a country of over 1 Billion with an iron grip on power.
The core committee of the Chinese Communist Party picked Xi as its general secretary for another five-year term. Xi also expressed gratitude to whole party sincerely for their trust.
Pakistani rupee remained stable against US dollar, and other currencies in the open market amid strong economic cues.
On Sunday, the US dollar was being quoted at 285.15 for buying and 287.95 for selling.
Euro moves down to 309.9 for buying and 310.5 for selling. British Pound rate stands at 359.4 for buying, and 360.05 for selling.
UAE Dirham AED also moved down to 77.45 whereas the Saudi Riyal drops to 75.82.
|UK Pound Sterling||GBP||359.4||360.05|
|Hong Kong Dollar||HKD||36.38||36.48|
|New Zealand Dollar||NZD||173.44||175.44|
The price of gold increased by thousands of rupees due to an upward trend in the international market.
On Sunday, the price of a single tola of 24-karat gold stands at Rs219,800 and 10 grams of 24k gold costs Rs188,450.
Meanwhile, single tola of 22 Karat gold costs Rs201,482, 21 karat rate costs Rs192,325 and 18k gold rate is Rs164,850.
Globally, gold prices hover at around $2072, gaining $32 on Sunday.
|Lahore||PKR 219,800||PKR 2,730|
|Karachi||PKR 219,800||PKR 2,730|
|Islamabad||PKR 219,800||PKR 2,730|
|Peshawar||PKR 219,800||PKR 2,730|
|Quetta||PKR 219,800||PKR 2,730|
|Sialkot||PKR 219,800||PKR 2,730|
|Attock||PKR 219,800||PKR 2,730|
|Gujranwala||PKR 219,800||PKR 2,730|
|Jehlum||PKR 219,800||PKR 2,730|
|Multan||PKR 219,800||PKR 2,730|
|Bahawalpur||PKR 219,800||PKR 2,730|
|Gujrat||PKR 219,800||PKR 2,730|
|Nawabshah||PKR 219,800||PKR 2,730|
|Chakwal||PKR 219,800||PKR 2,730|
|Hyderabad||PKR 219,800||PKR 2,730|
|Nowshehra||PKR 219,800||PKR 2,730|
|Sargodha||PKR 219,800||PKR 2,730|
|Faisalabad||PKR 219,800||PKR 2,730|
|Mirpur||PKR 219,800||PKR 2,730|