LIMA - World famous tourist site Machu Picchu has been shut indefinitely by the government in Peru on Saturday, leaving tourists with few options to explore in the area.
The reason for the abrupt closure of the picturesque site and the Inca trail hike leading up to it is the ongoing protests against the country's new president.
The closure sent shockwaves across the tourist community besides the agony it caused to hundreds of people who were stuck for hours at the foot of the 15th Century Inca citadel; they have now been rescued. The closure also disturbed rail service which - leading to Machu Picchu - was suspended on Thursday after some train tracks were damaged, allegedly by protesters.
Tourism minister Luis Fernando Helguero stated on Saturday that the 418 people were stranded at the site but the ministry later confirmed that everyone had been safely evacuated on trains and buses.
This is not the first time tourists were left high and dry at the site. Last month, hundreds of tourists were airlifted after being stuck there for several days.
Peru's culture ministry has addressed the concerns of those who had bought the tickets and said that those who had already acquired tickets for the site would be able to use them for one month after the end of the demonstrations, or get a refund.
The protesters are demanding new President, Dina Boluarte, to resign and hold fresh elections.
Machu Picchu is amongst the new seven wonders of the world and attracts visitors from across the world. Roughly, around a million people visit the site every year.
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|