ISLAMABAD – President Dr. Arif Alvi has strongly condemned the recent acts of desecration of Holy Quran in Denmark and the Netherlands.
In a statement on Tuesday, he said these heinous acts have hurt the sentiments of Muslims all over the world. Such incidents are provocative and indicate rising Islamophobia in the world.
The President said freedom of speech is not the name of hate speech and inciting people to violence. He said the desecration acts are contrary to internationally recognized norms and principles of legitimate expression of freedom of expression. He said Islam preaches peace and brotherhood to the humanity.
President Arif Alvi urged the international community to take practical measures against Islamophobia and discourage extremist elements. He also stressed the need for practical steps to promote tolerance, interfaith harmony and dialogue.
KARACHI – US dollar, after plunging massively last week, regained momentum on first working day of the week.
During the intra-day trading, the local currency dropped nearly 0.08 percent in the interbank market and the dollar was being traded at 285.90.
In the open market, Pakistani rupee hovered between 302-305 against the dollar.
Last week, Pakistan's central bank permitted approved dealers to buy dollars on the interbank market in order to settle card-based cross-border transactions using International Payment Schemes (IPS).
The central bank announced in a notification on Wednesday, saying, "It is decided to allow authorised dealers to purchase USD from interbank for settlement of card-based cross-border transactions with IPS [such as Visa, Mastercard, etc.] in view of representations received from stakeholders."
https://en.dailypakistan.com.pk/31-May-2023/state-bank-allows-dealers-to-buy-dollars-from-interbank-market-for-international-card-transactions
KARACHI – The price of a single tola of 24-karat gold in Pakistan is Rs 230,800 on Monday. The price of 10 grams of 24k gold was recorded at Rs197,190.
Likewise, 10 grams of 22k gold were being traded for Rs180,756 while a single tola of 22-karat gold was being sold at Rs 210,832.
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 230,800 | PKR 2125 |
Karachi | PKR 230,800 | PKR 2125 |
Islamabad | PKR 230,800 | PKR 2125 |
Peshawar | PKR 230,800 | PKR 2125 |
Quetta | PKR 230,800 | PKR 2125 |
Sialkot | PKR 230,800 | PKR 2125 |
Attock | PKR 230,800 | PKR 2125 |
Gujranwala | PKR 230,800 | PKR 2125 |
Jehlum | PKR 230,800 | PKR 2125 |
Multan | PKR 230,800 | PKR 2125 |
Bahawalpur | PKR 230,800 | PKR 2125 |
Gujrat | PKR 230,800 | PKR 2125 |
Nawabshah | PKR 230,800 | PKR 2125 |
Chakwal | PKR 230,800 | PKR 2125 |
Hyderabad | PKR 230,800 | PKR 2125 |
Nowshehra | PKR 230,800 | PKR 2125 |
Sargodha | PKR 230,800 | PKR 2125 |
Faisalabad | PKR 230,800 | PKR 2125 |
Mirpur | PKR 230,800 | PKR 2125 |
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