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Polls open in Georgia presidential election

11:12 AM | 28 Oct, 2018
Polls open in Georgia presidential election
TBILISI - Georgians on Sunday started voting to elect a figurehead president in a poll seen as a crucial test for the increasingly unpopular ruling party.

The hotly contested race has pitted ex-French ambassador and Georgia's former foreign minister Salome Zurabishvili, supported by the ruling Georgian Dream party, against opposition leader Grigol Vashadze, also a former foreign minister.

The two have an almost equal chance of being elected, according to opinion polls conducted in the run-up to the vote.

Vashadze -- backed by exiled ex-president Mikheil Saakashvili's United National Movement and 10 other opposition groups -- has been boosted by growing popular discontent over the government's failure to tackle poverty.

He has promised to mount a campaign demanding snap parliamentary polls if elected.

Both candidates have campaigned on similar promises to bring Georgia closer to full membership of the European Union and NATO.

The vote is Georgia's last direct leadership poll as the Black Sea nation transitions to a parliamentary form of governance following a controversial constitutional reform.

The inauguration of a new president will pave the way for the new constitution to enter into force, making the head of state a largely ceremonial figure.

Georgia's next president will be elected in 2024 by a 300-member electoral college.

The constitutional change was adopted in September 2017, a move protested by all opposition parties, which denounced it as favouring the ruling party.

Georgia's outgoing President, Giorgi Margvelashvili, refused to run for a second term, saying he is not interested in assuming the reduced role.

Over 3.5 million people are eligible to vote in the election, which will be monitored by international observers from the Organisation for Security and Cooperation in Europe.

Polls opened at 0400 GMT and will close at 1600 GMT, with results expected to start coming in overnight.

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Pakistani rupee exchange rate to US dollar, Euro, Pound, Dirham, and Riyal - 10 Dec 2023

Pakistani rupee remains largely stable against the US dollar, and other currencies in the open market on Sunday.

Dollar Rate in Pakistan Today

On Sunday, the US dollar was being quoted at 283.4 for buying and 285.95 for selling.

Euro comes down to 307 for buying and 310 for selling. British Pound rate remains unchanged at 358.5 for buying, and 362 for selling.

UAE Dirham AED witnessed slight drop and new rate stands at 77.2 whereas the Saudi Riyal remained stable at 76.

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

Currency Symbol Buying Selling
US Dollar ‎USD 283.4 285.95
Euro EUR 307 310
UK Pound Sterling GBP 358.5 362
U.A.E Dirham AED 77.2 78
Saudi Riyal SAR 76 76.8
Australian Dollar AUD 187.2 189
Bahrain Dinar BHD 755.82 763.82
Canadian Dollar CAD 209 211
China Yuan CNY 39.82 40.22
Danish Krone DKK 41.14 41.54
Hong Kong Dollar HKD 36.37 36.72
Indian Rupee INR 3.41 3.52
Japanese Yen JPY 1.39 1.45
Kuwaiti Dinar KWD 922.14 931.14
Malaysian Ringgit MYR 60.82 61.42
New Zealand Dollar NZD 175.33 177.33
Norwegians Krone NOK 26.12 26.42
Omani Riyal OMR 738.71 741.76
Qatari Riyal ‎QAR 78.07 78.77
Singapore Dollar SGD 211 213
Swedish Korona SEK 27.32 27.62
Swiss Franc CHF 324.5 327
Thai Bhat THB 8.08 8.23

Gold price drops in Pakistan; Check out today gold rates here

Gold prices decreased in local markets in line with the trend in the international market.

Gold Rates in Pakistan Today - 10 December 2023

On Sunday, the price of a single tola of 24-karat gold stands at Rs216,300, and 10 grams of 24k gold costs Rs185,450.

Single tola of 22 Karat Gold price costs Rs198,274, 21 karat rate per tola costs Rs189,263 and 18k gold rate is Rs162,225 for each tola.

In the global market, gold prices hovers around $2,004 per ounce, after drop of $23.35 on Sunday.

Today Gold Rate in Pakistan

City Gold Silver
Lahore PKR 216,300 PKR 2,486
Karachi PKR 216,300 PKR 2,486
Islamabad PKR 216,300 PKR 2,486
Peshawar PKR 216,300 PKR 2,486
Quetta PKR 216,300 PKR 2,486
Sialkot PKR 216,300 PKR 2,486
Attock PKR 216,300 PKR 2,486
Gujranwala PKR 216,300 PKR 2,486
Jehlum PKR 216,300 PKR 2,486
Multan PKR 216,300 PKR 2,486
Bahawalpur PKR 216,300 PKR 2,486
Gujrat PKR 216,300 PKR 2,486
Nawabshah PKR 216,300 PKR 2,486
Chakwal PKR 216,300 PKR 2,486
Hyderabad PKR 216,300 PKR 2,486
Nowshehra PKR 216,300 PKR 2,486
Sargodha PKR 216,300 PKR 2,486
Faisalabad PKR 216,300 PKR 2,486
Mirpur PKR 216,300 PKR 2,486

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