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Another blow to Imran Khan as ex-federal minister Ali Zaidi quits PTI, politics

Web Desk 09:18 AM | 27 May, 2023
Another blow to Imran Khan as ex-federal minister Ali Zaidi quits PTI, politics
Source: File Photo

KARACHI – Sindh president of Pakistan Tehreek-e-Insaf has quit the party, as he bids adieu to politics, marking another blow to the embattled ex-prime minister Imran Khan.

In a video message, Zaidi announced his retirement from politics citing May 9 events in which civil and military installations were attacked. Once a close aide of Imran Khan said he decided to take this difficult decision to step down from his party position and active politics.

He strongly condemned the violence that took place earlier this month against state institutions, reiterating that those behind violent attacks must be held accountable. Zaidi however mentioned to focus on humanitarian work and continuing efforts to bring investment to crisis-hit Pakistan. He ended the clip by saying Pakistan Army Zindabad.

Following the May 9 protests and stringent crackdown, dozens of PTI leaders, including Shireen Mazari, Asad Umar, Shah Mahmood Qureshi were arrested under the Maintenance of Public Order ordinance. Many of them were granted bail by courts on multiple occasions but were re-arrested immediately every time until they announce to distance themselves from former ruling party.

In a recent development, former federal minister Makhdoom Khusro Bakhtiar also announced to quit the party over May 9 vandalism. He mentioned parting ways, saying it is impossible to go with the PTI's philosophy anymore.

Former special assistant to Punjab chief minister Firdous Ashiq Awan also decided to leave the party after the May 9 violence.

The back-to-back pressers to quit Imran Khan-led PTI were received with dismay by legal eagles, seasoned politicians, and even civil society members, with many condemning the current circumstances in which politicians were unable to continue politics.

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Web Desk

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Today's currency exchange rates in Pakistan - Dollar, Euro, Pound, Riyal rates on May 29, 2023

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 May 29, 2023 (Monday).

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

Currency Symbol Buying Selling
US Dollar ‎USD 307.9 311.15
Euro EUR 330 333
UK Pound Sterling GBP 381 384.5
U.A.E Dirham AED 84.6 85.4
Saudi Riyal SAR 82.6 83.4
Australian Dollar AUD 201 203
Bahrain Dinar BHD 762.21 770.21
Canadian Dollar CAD 225.5 227.5
China Yuan CNY 40.6 41
Danish Krone DKK 41.39 41.78
Hong Kong Dollar HKD 36.6 36.95
Indian Rupee INR 3.47 3.58
Japanese Yen JPY 2.15 2.20
Kuwaiti Dinar KWD 932.2 941.2
Malaysian Ringgit MYR 62.42 63.02
New Zealand Dollar NZD 176.98 178.98
Norwegians Krone NOK 26.14 26.44
Omani Riyal OMR 744.58 752.57
Qatari Riyal ‎QAR 78.73 79.43
Singapore Dollar SGD 215 217
Swedish Korona SEK 26.73 27.03
Swiss Franc CHF 316.34 318.84
Thai Bhat THB 8.28 8.43

Today's gold rates in Pakistan – May 29 2023

KARACHI - The price of a single tola of 24-karat gold in Pakistan is Rs 235,800 on Monday. The price of 10 grams of 24k gold was recorded at Rs202,160.   

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.

City Gold Silver
Lahore PKR 235,800 PKR 2,505
Karachi PKR 235,800 PKR 2,505
Islamabad PKR 235,800 PKR 2,505
Peshawar PKR 235,800 PKR 2,505
Quetta PKR 235,800 PKR 2,505
Sialkot PKR 235,800 PKR 2,505
Attock PKR 235,800 PKR 2,505
Gujranwala PKR 235,800 PKR 2,505
Jehlum PKR 235,800 PKR 2,505
Multan PKR 235,800 PKR 2,505
Bahawalpur PKR 235,800 PKR 2,505
Gujrat PKR 235,800 PKR 2,505
Nawabshah PKR 235,800 PKR 2,505
Chakwal PKR 235,800 PKR 2,505
Hyderabad PKR 235,800 PKR 2,505
Nowshehra PKR 235,800 PKR 2,505
Sargodha PKR 235,800 PKR 2,505
Faisalabad PKR 235,800 PKR 2,505
Mirpur PKR 235,800 PKR 2,505

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