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Posts tagged as Gujranwala

Police register double murder, encounter cases

LAHORE: Police registered cases of double murder and suspected police encounter separately on Sunday. A man allegedly shot dead his sister and niece over a property dispute in the limits of Factory Area police on Saturday night.He later shot at his eight-year-old nephew, Ahmad, when he made an effort to run for shelter.
Police added Ahmad also injured his other sister, Parveen Bibi, and fled.On hearing gunshots, the residents informed the police and Rescue 1122 officials who shifted the injured boy to a nearby hospital.According to the police, the suspect had a property dispute with his sister. A couple of days ago, Maqsood hurled threats to Nasreen of consequences for not handing over the property to him.After the incident, the police conducted a raid to arrest the suspect. Just as the police reached the site, the suspect opened fire at them.
In retaliation, police also fired back and killed the suspect and his brother, identified as Shahid. SHO Ateeq Dogar and four policemen were also injured during the encounter.They were rushed to a nearby hospital.At least, six people died while 988 others sustained injuries in 833 road accidents in the province during the last 24 hours.
As many as 550 seriously injured persons were shifted to different hospitals, while 432 with minor injuries were provided first-aid by Rescue 1122 officials.Data showed that 397 drivers, 23 juvenile drivers, 134 pedestrians and 457 passengers were among the victims of these accidents.According to the statistics, 216 accidents were reported in Lahore, affecting 233 persons placing the provincial capital on top of the list, followed by 90 in Faisalabad with 101 victims and Gujranwala at third with 59 accidents and 55 victims.As many as 672 motorcycles, 126 rickshaws, 100 cars, 45vans, 14 buses, 33 trucks and 85 other vehicles and slow-moving carts were involved in these accidents.

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Currency rate in Pakistan, 13 February 2019

Karachi: Here is the updated currency rate in Pakistan as 13 February 2019. We collect currency rates from local exchanges and local forex market of different cities including Lahore, Peshawar, Faisalabad, Gujranwala, Islamabad, Karachi, Rawalpindi …
We collect currency rates from local exchanges and local forex market of different cities including Lahore, Peshawar, Faisalabad, Gujranwala, Islamabad, Karachi, Rawalpindi, Quetta, Sialkot, and Multan.
Forex UpdatesCurrencySymbolBuyingSellingEuroEUR156156.75US DollarUSD138.
7139.05British PoundGBP179180.
25Saudi RiyalSAR36.8537UAE DirhamAED37.
7538Australian DollarAUD9899Kuwaiti DinarKWD458460.5Canadian DollarCAD104105Chinese YuanCNY20.
520.65Indian RupeeINR1.
921.99Which factors affect currency rate in Pakistan?There are several factors that higher or lower the currency rate in Pakistan or any other country.
The Dollar rate in Pakistan has also seen a high rise in last few months.At the end of November, State Bank of Pakistan Reserves decreased by 6.
95% or $560 million to $7.5 billion.
While, commercial banks holdings also reached at $6.494 billion.
In addition, Pakistan’s liquid reserves are also lowered by $576.5 million to $13.
996 billion.A few days back, the US Dollar hit the all time high value of Rs 142 in the inter bank market.
However, the debt has also increased by PKR 760 billion owing to the rise in the value of US dollar.USD to PKR came down as Rupee recovered against US Dollar.
The recovery came after PM Imran Khan secured $6 billion Saudi loan from Saudi Arabia on an annual basis. However, it will be for one year in the form of cash assistance and oil on deferred payments.
This agreement will be in place for at least three years.Also Read: Rupee recovers against US DollarFollowing a steep increase in the US dollar’s price last week, the rupee made a recovery against the dollar in the inter bank market on Friday as it was trading at Rs 132.
40 in the inter bank, down Rs 1.40 and closed at Rs 131.
90, down by Rs 1.87.
The interbank market has seen a 7.5% depreciation of Pakistani Rupee against the US dollar.
However, the dollar was traded below Rs 134 in October.Later, Pakistani rupee recovers against dollar in the inter bank market as ratio came down.
The US dollar was traded at Rs 132.40 and lowered by Rs 1.
40.Also Read: Pakistani Rupee Recovers against Dollar in Inter bank marketSome other factors are provided below for the further understanding.
Changes in inflation cause fluctuation in currency exchange rates.Changes in financing cost influence money esteem and dollar conversion scale.
Current account of any country reflects adjust of exchange and income on foreign investment.Government obligation is open obligation or national obligation possessed by the federal government.
Identified with current records and adjust of installments, the terms of exchange is the proportion of fare costs to import costs.Political state of country and financial execution can influence its money quality.
At the point when any country encounters a retreat, its loan fees are probably going to fall, diminishing its odds to gain outside capital.In the event that a nations cash esteem is required to rise, financial specialists will request a greater amount of that money with a specific end goal to make a benefit sooner rather than later.

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Pakistan Weather Forecast: Tuesday 12 February 2019

ISLAMABAD: Cloudy weather conditions are expected in upper and central parts of the country. However, rain thunderstorm with snowfall over the hills is expected at isolated places in Quetta, Zhob, Kalat, Malakand, Hazara, Kohat, Bannu, D.I.
Synoptic Situation:A westerly wave is affecting western parts of the country and likely to persist in upper parts till Friday.
.Weather Forecast for Wednesday:Cloudy weather conditions are expected in upper and central parts of the country. However, rain thunderstorm with snowfall over the hills is expected at scattered places in Quetta, Zhob, Kalat, Malakand, Hazara, Kohat, Bannu, D.
.I.Khan, Rawalpindi divisions, Kashmir and Gilgit-Baltistan, while at isolated places in Lahore, Gujranwala, Sargodha divisions and Islamabad.
.Past 24 Hours Weather:Weather remained cold and dry in most parts of the country. However, rain with snowfall over the hills occurred at isolated places in Kalat, Quetta divisions and Gilgit Baltistan.
.Rainfall (mm) during Last 24 hrs:Gilgit Baltistan: Bagrote 02, Hunza, Skardu, Astore Trace, Balochistan: Kalat 01, Quetta, Sibbi Trace, Snowfall (inch): Hunza, Skardu, Astore, Bagrote.Today’s Lowest Minimum Temperatures:Bagrote -07C, Skardu, Gupis -05C, Astore, Kalam -04C, Malamjabba, Hunza -03C, Mirkhani -01C.

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