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PM Nawaz arrives in Maldives to attend Independence Day celebrations

Haider Ali 08:20 AM | 25 Jul, 2017
PM Nawaz arrives in Maldives to attend Independence Day celebrations
ISLAMABAD - Prime Minister Nawaz Sharif arrived in Maldives on Tuesday for a three-day official visit.

The premier would participate as a special guest in the 52nd independence day celebrations of Maldives on the invitation of President Abdulla Yameen Qayyum.

Advisor to Prime Minister on Foreign Affairs Sartaj Aziz and others officials are also along with the premier.

According to the President’s Office, the celebrations and activities of this year’s Independence Day will take place on July 26 at the National Football Stadium in capital Male. The official reception, hosted by President Yameen and First Lady Fathimath Ibrahim, is to be held the following night at Dharubaaruge convention centre.

PM Nawaz Sharif’s visit to Maldives was anticipated for Independence Day celebrations for the past two years, but in 2015 he could not visit the country due to flooding while in 2016 his heart surgery led to the cancellation of the trip.

The Maldives officially the Republic of Maldives is a South Asian island country, located in the Indian Ocean, situated in the Arabian Sea.

Comprising a territory spanning roughly 298 square kilometres (115 sq mi), the Maldives is the smallest Asian country by both land area and population, with a little over 393,500 inhabitants.

Haider Ali

The writer is a civil servant.

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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.

https://en.dailypakistan.com.pk/30-Jan-2023/gold-continues-to-shine-hits-all-time-high-of-rs210-500-in-pakistan

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.

City Gold Silver
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

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