QUETTA – Low level floods unleashed by heavy rainfall continued to ravage Balochistan on Wednesday, leaving several districts of the country’s southwestern region devastated.
Clips shared online showed several districts in northern Balochistan flooded as people escape from the worst-hit areas. The country’s sparsely populated region came under the influence of a strong westerly system where heavy downpours continued for more than 12 hours.
Chaman, Qila Abdullah, Pashin, Toba Achakzai, Ziarat, Muslim Bagh, Bostan, Qila Saifullah, and Loralai are the worst-hit areas.
Several arteries in mineral-rich region have been affected by recent flooding. Levies officials said Quetta Chaman highway has been also affected by the flood water.
Meanwhile, a countrywide rainy spell is expected from today with thunderstorms and hailstorms in occasional gaps which can cause damage to crops. The new weather system is expected to continue by the end of this month.
Met Office warned of landslides in hilly areas of Azad Kashmir, Khyber Pakhtunkhwa, and Gilgit Baltistan, during recent rain spells, urging tourists to remain cautious over the period.
KARACHI – Pakistani rupee, which is facing blows in the open market, remained stable against the US dollar, in the inter-bank market on Wednesday.
The local currency moved slightly upward during the opening hours of trading in the inter-bank market. Before noon, PKR was hovering around 285.22, with a slight increase of Rs0.13.
As the situation remained under control in the interbank market, the rupee hits a fresh record low in the open market and was selling at 315 per dollar.
In a recent development, the IMF mission chief shared positive news, confirming that talks are underway with Pakistani authorities. The resumption of the IMF programme remains important for the crisis-hit country.
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.
|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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