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Lahore to host inaugural Pakistan Junior League in October 

11:20 AM | 30 Apr, 2022
Lahore to host inaugural Pakistan Junior League in October 
Source: File Photo

LAHORE – The Pakistan Cricket Board (PCB) has shared schedule for the inaugural Pakistan Junior League Tournament, which will be played in October this year. 

PCB said that it received overwhelming and encouraging response from potential sponsors, partners and entrepreneurs to the Request for Expressions of Interest. 

Six city-based franchise teams will participate in the 19-match competition from 1-15 October at the Gaddafi Stadium, with the participating players to be selected through a draft system and each dug-out to boast an iconic player who will serve as the team’s mentor or coach.

As a next step, the PCB will now initiate a bidding process after Eid Al-Fitr for live-streaming rights. This will be one of the several rights that will be up for grabs as the PCB remains committed to working closely with all stakeholders in an effort to take Pakistan cricket forward.

This will be the first 20-over league of its kind in which local under-19 players will integrate with foreign players to share dug-outs as part of their learning process and improving cricket skills, share knowledge and build towards their future bonding.

As part of the concept, each foreign cricketer will be allowed to have a parent accompany them, with the cost to be picked up by the event organiser or his franchise.

The Pakistan Junior League concept syncs well with the recently-launched PCB Pathway Cricket Programme.  Through this initiative, the cricket board and its strategic partners – including the BRB Group and Engro Corporation – have agreed to provide 100 best teenagers with monthly stipends of PKR30,000 each, scholarship at a premier educational institution, free cricket gear and equipment, and high performance coaching at the state-of-the-art National High Performance Centre from the leading and highly-qualified international coaches.

PCB Chairman Ramiz Raja: “I am delighted, encouraged and motivated by the response we have received as the Pakistan Junior League’s Request for Expressions of Interest.

“This feedback has strengthened my belief and confidence that we have a huge appetite for cricket and a strong commercial market, which is keen, eager and happy to partner with the PCB on its projects of introducing new properties so that we can strengthen ourselves financially and commercially, and the return on investments are shared with all cricketers.

“Following the success of the HBL Pakistan Super League and the ever-improving reputation of the PCB, the potential sponsors have shown excitement and expressed their interest in the city-based Pakistan Junior League in their endeavour to play an important role in helping the PCB to create an environment of brilliance by providing a clear pathway to the talented youngsters, which, in turn, will fortify our bench-strength and produce new national stars and heroes.

“Commercial partners and sponsors are the life-blood of our sport and organisation. In this background, I am grateful and thankful to all those who have expressed interest in acquiring various rights for the Pakistan Junior League. I remain optimistic and confident that we will succeed in forming a strong relationship that will produce dividends and developments for Pakistan cricket.”

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Pakistani rupee inches up against US dollar, Euro, Pound, Riyal and Dirham; Check latest rates here

Pakistani rupee witnessed upward trajectort against US dollar and other currencies amid positive economic cues.

Dollar Rate in Pakistan Today

On Wednesday, the US dollar moved down and was being quoted at 283.7 for buying and 286.75 for selling.

Euro remained stable at 309 for buying and 312 for selling. British Pound rate increased to 361 for buying, and 364 for selling.

UAE Dirham AED dropped to 77.6 whereas the Saudi Riyal rate stands at 76.

Today's currency exchange rates in Pakistan - 6 December 2023

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

Currency Symbol Buying Selling
US Dollar USD 283.7  286.75 
Euro EUR 309  312 
UK Pound Sterling GBP 361  364 
U.A.E Dirham AED 77.6 78.3
Saudi Riyal SAR 76 76.8
Australian Dollar AUD 187.72 188.22
Bahrain Dinar BHD 758.58 766.58
Canadian Dollar CAD 209 211
China Yuan CNY 39.93 40.33
Danish Krone DKK 41.41 41.81
Hong Kong Dollar HKD 36.49 36.84
Indian Rupee INR 3.42 3.53
Japanese Yen JPY 1.49 1.56
Kuwaiti Dinar KWD 923.13 932.13
Malaysian Ringgit MYR 60.97 61.57
New Zealand Dollar NZD 175.89 177.89
Norwegians Krone NOK 26.68 26.98
Omani Riyal OMR 740.01 748.01
Qatari Riyal QAR 78.36 79.06
Singapore Dollar SGD 211 213
Swedish Korona SEK 27.45 27.75
Thai Bhat THB 8.09 8.24

Gold price sees major drop in Pakistan; Check today gold rates - 6 Dec 2023

KARACHI – Gold prices in the local market continue to decline in line with the international market.

Gold Rates in Pakistan Today - 6 December 2023

On Wednesday, the price of a single tola of 24-karat gold stands at Rs219,400 and 10 grams of 24k gold costs Rs188,100. 

Each tola for 24 karat is Rs216,700, 22 Karat is Rs198,640, and 21 karat rate per tola is Rs189,613 and 18k gold rate is Rs162,525.00 for single tola.

In the global market, the precious metal moved down, and hovers around $2023 per ounce after drop of around $10.

Today Gold Rate in Pakistan

City Gold Silver
Lahore PKR 219,400 PKR 2,625
Karachi PKR 219,400 PKR 2,625
Islamabad PKR 219,400 PKR 2,625
Peshawar PKR 219,400 PKR 2,625
Quetta PKR 219,400 PKR 2,625
Sialkot PKR 219,400 PKR 2,625
Attock PKR 219,400 PKR 2,625
Gujranwala PKR 219,400 PKR 2,625
Jehlum PKR 219,400 PKR 2,625
Multan PKR 219,400 PKR 2,625
Bahawalpur PKR 219,400 PKR 2,625
Gujrat PKR 219,400 PKR 2,625
Nawabshah PKR 219,400 PKR 2,625
Chakwal PKR 219,400 PKR 2,625
Hyderabad PKR 219,400 PKR 2,625
Nowshehra PKR 219,400 PKR 2,625
Sargodha PKR 219,400 PKR 2,625
Faisalabad PKR 219,400 PKR 2,625
Mirpur PKR 219,400 PKR 2,625

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