LAHORE – The interim Punjab government has decided not to issue funds for the security of matches of eighth edition of the Pakistan Super League (PSL8).
Chief Minister Mohsin Naqvi took the decision in the cabinet meeting where the PCB’s request for funds was discussed. The cabinet decided that the provincial government would not issue Rs250 million funds to the cricket body.
The interim government said it had spent Rs450 million for arrangements to host PSL8 matches in the provinces, adding that now the remaining Rs250 million will be given by the PCB.
The government has informed the PCB about the decision and it is likely that the matches scheduled to be played in Rawalpindi and Lahore will be shifted to Karachi.
The PSL 8 matches are scheduled to be played in Lahore and Rawalpindi from Feb 26 and March 1 respectively. Both cities will host nine matches each.
ISLAMABAD – Pakistani rupee remained stable against the US dollar as the market is looking for direction amid Pakistan’s ongoing negotiations with the International Monetary Fund (IMF).
Amid the economic uncertainty, the local currency remained unchanged against the greenback, moving up 0.01 percent during the opening hours of trading. Before noon, PKR was hovering at 285.40 in the interbank.
In contrast to the inter-bank, the dollar continued its upward trajectory in the open market and is reportedly available at Rs315, as the gap between the official rate and open market rate is Rs30 per dollar.
As the money market is waiting for a positive development from the economic front, International Monetary Fund (IMF) Mission Chief to Pakistan said they continued engagement with Islamabad focusing on the restoration of foreign exchange proper market functioning, with special on the upcoming budget.
KARACHI - The price of a single tola of 24-karat gold in Pakistan is Rs 232,700 on Tuesday.The price of 10 grams of 24k gold was recorded at Rs199,510.
Likewise, 10 grams of 22k gold were being traded for Rs163,624 while a single tola of 22-karat gold was being sold at Rs 190,880.
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 232,700||PKR 2,500|
|Karachi||PKR 232,700||PKR 2,500|
|Islamabad||PKR 232,700||PKR 2,500|
|Peshawar||PKR 232,700||PKR 2,500|
|Quetta||PKR 232,700||PKR 2,500|
|Sialkot||PKR 232,700||PKR 2,500|
|Attock||PKR 232,700||PKR 2,500|
|Gujranwala||PKR 232,700||PKR 2,500|
|Jehlum||PKR 232,700||PKR 2,500|
|Multan||PKR 232,700||PKR 2,500|
|Bahawalpur||PKR 232,700||PKR 2,500|
|Gujrat||PKR 232,700||PKR 2,500|
|Nawabshah||PKR 232,700||PKR 2,500|
|Chakwal||PKR 232,700||PKR 2,500|
|Hyderabad||PKR 232,700||PKR 2,500|
|Nowshehra||PKR 232,700||PKR 2,500|
|Sargodha||PKR 232,700||PKR 2,500|
|Faisalabad||PKR 232,700||PKR 2,500|
|Mirpur||PKR 232,700||PKR 2,500|
Copyright ©2023. Reproduction of this website's content without express written permission from 'Daily Pakistan' is strictly prohibited.