RAWALPINDI – Chief of Army Staff (COAS) Gen Asim Munir said that law enforcement actions against spectrum of illegal activities will continue with full force in collaboration with the LEAs and the concerned government departments to rid Pakistan from the substantial economic losses.
General Asim Munir visited Lahore on Thursday and attended meeting of the Provincial Apex Committee along with Caretaker Punjab Chief Minister Mohsin Raza Naqvi.
During the Apex Committee meeting, COAS was briefed about overall security situation, including Law Enforcement Actions against electricity and gas theft, hoarding and foreign currency smuggling. Forum was also briefed on measures taken for protection of minorities and progress of operations in Kacha area. The forum also reviewed repatriation of illegal foreign nationals.
COAS said that Pakistan continued to suffer from economic losses due to pilferage done by different methods”.
The apex committee was also apprised on progress on SIFC and Green Punjab initiatives. COAS underscored the need for synergy among all relevant departments for gainful effects of the landmark initiatives.
The participants affirmed that state institutions, government departments and people are united for progress and prosperity of the province.
Earlier, upon arrival, COAS was received by Commander Lahore Corps.
Pakistani rupee against US dollar has made significant recovery after a military-led crackdown against illegal currency exchanges, dollars’ smuggling and hoarding was launched.
The local currency was stood at Rs332 against the greenback in open market till September 1. However, it started strengthening after the crackdown was launched. The US dollar has shed Rs17.80 and Rs35 in open and interbank markets since Sept 1 and as of Sept 28, it is being traded at 288 in both markets.
Pakistani rupee remains largely stable against the US dollar, and other currencies in the open market on Sunday.
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)
|UK Pound Sterling||GBP||358.5||362|
|Hong Kong Dollar||HKD||36.37||36.72|
|New Zealand Dollar||NZD||175.33||177.33|
Gold prices decreased in local markets in line with the trend in the international market.
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.
|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|