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Looking for this?According to multiple media reports, Jindal who took off from Kabul and landed in Islamabad on Wednesday headed to Murree to call on premier Nawaz Sharif.
However, his tour to Murre was a severe violation of visa restrictions. A photo that went viral on the internet shows a visa issued to Jindal on April 25 for a period of 10 days. However, it also shows that he was only authorized to visit Lahore and Islamabad, making the visit to Murree a violation of the terms and conditions of his visa.
It was also suggested by a leading television channel that Jindal was also exempted from police reporting in Pakistan.
Sajjan along with his two friends Sokiat Sangal and Virendar Babar Singh made an impromptu Pakistan tour successfully avoiding media spotlight.
However, veteran journalist Sharif blew the lid off the 'secret' tour after which Maryam Nawaz, daughter of prime minister Nawaz Sharif took to Twitter and clarified that Jindal was an old friend of Nawaz Sharif and there was nothing 'secret' about the meeting.
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Jindal’s interaction with premier Nawaz Sharif is being considered something of an extraordinary importance citing the recent developments including death sentence to RAW spy Kalbushan Jadhav and the confessional video of TTP spokesperson Ehsanullah Ehsan in which he categorically admitted links of the militant group with Indian spy agency RAW.
It is relevant to mention that Jindal is dubbed as a close affiliate of Indian premier Narendra Modi and his visit amid fraught relations between the nuclear-armed neighbours has raised questions in the minds of political analysts.
Although a businessman, Jindal is hailed as an influential personality in power corridors as well. He was part of the delegation that visited Pakistan during the surprise visit of Narendra Modi back in December 2015. At that time, he also tweeted ‘In Lahore to greet PM Nawaz Sharif on his birthday’.
The foreign office has yet to respond to the reports that the Murree visit of Indian bigwig was a flagrant violation of visa restrictions.
KARACHI – The Pakistani rupee experienced a significant surge in its value in the open market against the dollar.
This surge came after a recent directive from the State Bank of Pakistan (SBP), allowing banks to purchase dollars at the interbank market rate for international card payments. The objective of this move was to narrow the exchange rate gap between the official and informal markets.
According to the Exchange Companies Association of Pakistan, the currency market witnessed the dollar being traded at Rs298, compared to its previous day’s closing rate of 311.
The SBP’s decision was influenced by the International Monetary Fund’s demand for Pakistan to stabilize its currency market before resuming a $6.5 billion bailout program.
In a circular, the central bank stated, “In response to the feedback received from various stakeholders, Authorized Dealers are now permitted to buy USD from the Interbank market to settle card-based cross border transactions with international payment schemes (IPS).”
Market analysts had predicted a decline in the value of the rupee following the implementation of these new guidelines.
Zafar Paracha, the General Secretary of the ECAP, expressed that the SBP’s decision was timely and appropriate. He anticipated that it would lead to a decrease of 20 to 25 rupees in the open market currency rate. Paracha also noted that aligning the rates in the official and informal markets would bolster remittance inflows.
Pracha further emphasized that significant disparities in rates between the official and informal markets encourage transactions outside of the official banking system.
https://en.dailypakistan.com.pk/01-Jun-2023/today-s-currency-exchange-rates-in-pakistan-dollar-euro-pound-riyal-rates-on-june-1-2023
KARACHI – The price of a single tola of 24-karat gold in Pakistan is Rs 230,500 on Thursday. The price of 10 grams of 24k gold was recorded at Rs197,620.
Likewise, 10 grams of 22k gold were being traded for Rs181,150 while a single tola of 22-karat gold was being sold at Rs 211,290.
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 230,500 | PKR 2125 |
Karachi | PKR 230,500 | PKR 2125 |
Islamabad | PKR 230,500 | PKR 2125 |
Peshawar | PKR 230,500 | PKR 2125 |
Quetta | PKR 230,500 | PKR 2125 |
Sialkot | PKR 230,500 | PKR 2125 |
Attock | PKR 230,500 | PKR 2125 |
Gujranwala | PKR 230,500 | PKR 2125 |
Jehlum | PKR 230,500 | PKR 2125 |
Multan | PKR 230,500 | PKR 2125 |
Bahawalpur | PKR 230,500 | PKR 2125 |
Gujrat | PKR 230,500 | PKR 2125 |
Nawabshah | PKR 230,500 | PKR 2125 |
Chakwal | PKR 230,500 | PKR 2125 |
Hyderabad | PKR 230,500 | PKR 2125 |
Nowshehra | PKR 230,500 | PKR 2125 |
Sargodha | PKR 230,500 | PKR 2125 |
Faisalabad | PKR 230,500 | PKR 2125 |
Mirpur | PKR 230,500 | PKR 2125 |
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