ISLAMABAD – A high level delegation from e& International comprising of top management held meetings with Federal Secretary IT, Federal Secretary Privatization, and other key government stakeholders in Islamabad on Wednesday.
The delegation led by CEO International, e&, Mikhail Gerchuk met with the Federal Secretary IT, Mohsin Mushtaq, Federal Secretary for Privatization, Dr. Iram A. Khan and Chairman PTA, Major General (R) Amir Azeem Bajwa HI (M). The delegation from e& was accompanied by President and Group CEO, PTCL & Ufone, Hatem Bamatraf.
During the meeting, Mohsin Mushtaq welcomed the delegation from e& International to Pakistan. Matters of mutual interest were discussed with a focus especially on Telecom Sector and its significance on the national economic growth. The agenda of discussion also included e& International and PTCL Group’s incredible support in developing a strong infrastructure in Pakistan that would surely transform the country into a digitalized economy.
The management and government officials exchanged their views on the ongoing crisis in the country by the recent floods and ways to extend joint support for the people during these tough times. The discussion also included the issue of telecom companies in Pakistan requiring import of communication equipment for their network up-gradation and expansion as well as to maintain the quality-of-service requirements mandated for the sector. In addition, both sides talked about the resolution of prevailing regulatory issues of the telecom sector in Pakistan. CEO International, e&, Mikhail Gerchuk commended the tremendous efforts of the Government of Pakistan including Ministry of Information Technology and Telecommunication and Ministry of Privatization.
President and Group CEO, PTCL & Ufone, Hatem Bamatraf briefed the government officials and dignitaries regarding the Rs. 1.75 billion flood relief package.
Pakistani rupee continued its momentum against the US dollar, and orther currencies in the open market on Thursday, as the local currency also improved in the inter-bank market.
On Thursday, the US dollar moved down and was being quoted at 283.2 for buying and 286.15 for selling.
Euro comes down to 308 for buying and 311 for selling. British Pound rate dropped to 358.5 for buying, and 362 for selling.
UAE Dirham AED witnessed slight drop and new rate stands at 77.4 whereas the Saudi Riyal remained stable at 76.
Source: Forex Association of Pakistan. (last update 09:00 AM)
|UK Pound Sterling||GBP||358.5||362|
|Hong Kong Dollar||HKD||36.41||36.76|
|New Zealand Dollar||NZD||174.54||176.54|
Gold price in Pakistan remained under pressure as the yellow metal moved down despite an upward trend in the international market.
On Thursday, the price of a single tola of 24-karat gold stands at Rs217,100 and 10 grams of 24k gold costs Rs186,130.
Single tola of 22 Karat Gold costs Rs199,000, 21 karat rate for per tola is Rs189,960 and 18k gold rate is Rs162,825.00 for each tola.
In the global market, gold prices hover at around $2026, gaining $8.30 on Thursday.
Today Gold Price in Pakistan (4 September 2023)
|Lahore||PKR 217,100||PKR 2,565|
|Karachi||PKR 217,100||PKR 2,565|
|Islamabad||PKR 217,100||PKR 2,565|
|Peshawar||PKR 217,100||PKR 2,565|
|Quetta||PKR 217,100||PKR 2,565|
|Sialkot||PKR 217,100||PKR 2,565|
|Attock||PKR 217,100||PKR 2,565|
|Gujranwala||PKR 217,100||PKR 2,565|
|Jehlum||PKR 217,100||PKR 2,565|
|Multan||PKR 217,100||PKR 2,565|
|Bahawalpur||PKR 217,100||PKR 2,565|
|Gujrat||PKR 217,100||PKR 2,565|
|Nawabshah||PKR 217,100||PKR 2,565|
|Chakwal||PKR 217,100||PKR 2,565|
|Hyderabad||PKR 217,100||PKR 2,565|
|Nowshehra||PKR 217,100||PKR 2,565|
|Sargodha||PKR 217,100||PKR 2,565|
|Faisalabad||PKR 217,100||PKR 2,565|
|Mirpur||PKR 217,100||PKR 2,565|