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Imran says Pakistan descending into ‘Banana Republic’ after Fawad Chaudhry's arrest in sedition case

PTI chief to hold important presser today at 4pm

Web Desk 12:26 PM | 25 Jan, 2023
Imran says Pakistan descending into ‘Banana Republic’ after Fawad Chaudhry's arrest in sedition case
Source: Hassaan Niazi/Twitter and Imran Khan (Instagram)

ISLAMABAD – The unexpected arrest of a senior PTI leader Fawad Chaudhry left ousted Pakistani premier Imran Khan fuming who vented out anger in a recent social media post.

PTI chief on Wednesday took to Twitter where he said that the country of over 220 million is descending into a ‘Banana Republic’, venting anger on the chief election commissioner.

“I will be doing a media talk at 4 pm today. Fawad's arrest on his apt description of the CEC leaves no doubt in anyone's mind that Pakistan has become a banana republic devoid of rule of law. We must stand up for our fundamental rights now to save Pak's drift towards a point of no return,” his tweet reads.

Earlier in the day, Fawad Chaudhry, a close aide of Imran Khan, was held from his residence in provincial capital for allegedly hurling threats at election commission members.

The former minister was eventually booked on charges of sedition and inciting members of state institutions against the institutions while a local court also approved his transitory remand.

Meanwhile, former ruling Pakistan Tehreek-e-Insaf has reacted strongly to the arrest of its key member.

Hammad Azhar also warned the government of country-wide protests and announced to move the court against the detention of Fawad.

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Web Desk

Daily Pakistan Global Web Desk

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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 1, 2023 (Wednesday).

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

Currency Symbol Buying Selling
US Dollar ‎USD 267.53 268.18
Euro EUR 290.22 290.82
UK Pound Sterling GBP 330.48 331.18
U.A.E Dirham AED 72.78 73.08
Saudi Riyal SAR 71.23 71.53
Australian Dollar AUD 190 193
Bahrain Dinar BHD 702.68 710.68
Canadian Dollar CAD 201.75 205
China Yuan CNY 39.15 39.55
Danish Krone DKK 38.6 39
Hong Kong Dollar HKD 33.72 34.07
Indian Rupee INR 3.24 3.35
Japanese Yen JPY 2.5 2.54
Kuwaiti Dinar KWD 865.31 874.31
Malaysian Ringgit MYR 62.24 62.84
New Zealand Dollar NZD 171.35 173.35
Norwegians Krone NOK 26.76 27.06
Omani Riyal OMR 686.49 694.49
Qatari Riyal ‎QAR 72.58 73.28
Singapore Dollar SGD 201.2 203.2
Swedish Korona SEK 25.45 25.75
Swiss Franc CHF 286.19 288.69
Thai Bhat THB 8.06 8.21

KARACHI – The price of a single tola of 24-karat gold in Pakistan is Rs202,000 on Wednesday. The price of 10 grams of 24k gold was recorded at Rs173,190.

Likewise, 10 grams of 22k gold were being traded for Rs164,500 while a single tola of 22-karat gold was being sold at Rs 179,100.

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.

City Gold Silver
Lahore PKR 202,000 PKR 2,390
Karachi PKR 202,000 PKR 2,390
Islamabad PKR 202,000 PKR 2,390
Peshawar PKR 202,000 PKR 2,390
Quetta PKR 202,000 PKR 2,390
Sialkot PKR 202,000 PKR 2,390
Attock PKR 202,000 PKR 2,390
Gujranwala PKR 202,000 PKR 2,390
Jehlum PKR 202,000 PKR 2,390
Multan PKR 202,000 PKR 2,390
Bahawalpur PKR 202,000 PKR 2,390
Gujrat PKR 202,000 PKR 2,390
Nawabshah PKR 202,000 PKR 2,390
Chakwal PKR 202,000 PKR 2,390
Hyderabad PKR 202,000 PKR 2,390
Nowshehra PKR 202,000 PKR 2,390
Sargodha PKR 202,000 PKR 2,390
Faisalabad PKR 202,000 PKR 2,390
Mirpur PKR 202,000 PKR 2,390

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