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Posts tagged as Sialkot

Woman among 6 martyred in India shelling across LoC

SIALKOT/ISLAMABAD: India’s border forces resorted to heavy fire along the Line of Control (LoC) leaving at least six civilians including a woman dead and 11 others wounded in Azad Jammu and Kashmir (AJK) on Tuesday evening.
While Pakistan on Wednesday summoned Indian envoy and condemned the unprovoked ceasefire violations by the Indian occupation forces along the LoC on February 26, which resulted in the martyrdom of four innocent civilians and injuries to six others.Civilians are being ruthlessly targeted by Indian forces without any provocation while Sialkot sector on the LoC between Pakistan and India has turned into a massive battlefield with casualties being reported from both sides.The four deaths reported by local newspaper came as a result of intense and indiscriminate shelling which began at about 5:30pm simultaneously in Kotli, Bhimber and Poonch districts of the AJK.
At least five civilians including three of the same family were killed in Nakiyal Sector after the Indian troops opened unprovoked firing at the residential areas along with the LoC.Deputy Director of international think tank ICTC F Jeffery earlier revealed the breaking news quoting Pakistani security sources in a tweet on Tuesday.
The security expert tweeted that Indian forces including all Indian bases in Jammu Kashmir were currently on high alert in anticipation of a possible Pakistani strike.Pakistan on Wednesday summoned Indian Acting High Commissioner Gaurav Ahluwalia and condemned the unprovoked ceasefire violations by the Indian occupation forces along the Line of Control (LoC) on February 26, in Nikial and Khuiratta sectors which resulted in the martyrdom of four innocent civilians and injuries to six others.
The civilians martyred included Mottia Bibi, Ms Zarina, Gulfaraz and Ms Shehnaz.According to a Foreign Office statement, Director General (SA & Saarc) Dr Mohammad asked the Indian envoy that India should respect the 2003 Ceasefire arrangement, investigate the incidents of violations, instruct its forces to respect the ceasefire in letter and spirit, and maintain peace on the LoC and the Working Boundary (WB).
The Director General (SA & Saarc) demanded that the Indian side should permit United Nations Military Observers Group in India and Pakistan (UNMOGIP) to play its mandated role as per the UN Security Council resolutions.According to the statement, the Indian forces along the LoC and the WB were continuously targeting civilian populated areas with heavy weapons.
This unprecedented escalation in ceasefire violations by India was continuing from the year 2017 when the Indian forces committed 1970 violations, it added.The deliberate targeting of civilian populated areas is indeed deplorable and contrary to human dignity, international human rights and humanitarian laws.
The ceasefire violations by India are a threat to regional peace and security and may lead to a strategic miscalculation, the statement maintained.SIALKOT/ISLAMABAD: India’s border forces resorted to heavy fire along the Line of Control (LoC) leaving at least six civilians including a woman dead and 11 others wounded in Azad Jammu and Kashmir (AJK) on Tuesday evening.
While Pakistan on Wednesday summoned Indian envoy and condemned the unprovoked ceasefire violations by the Indian occupation forces along the LoC on February 26, which resulted in the martyrdom of four innocent civilians and injuries to six others.
Civilians are being ruthlessly targeted by Indian forces without any provocation while Sialkot sector on the LoC between Pakistan and India has turned into a massive battlefield with casualties being reported from both sides.
The four deaths reported by local newspaper came as a result of intense and indiscriminate shelling which began at about 5:30pm simultaneously in Kotli, Bhimber and Poonch districts of the AJK.At least five civilians including three of the same family were killed in Nakiyal Sector after the Indian troops opened unprovoked firing at the residential areas along with the LoC.
Deputy Director of international think tank ICTC F Jeffery earlier revealed the breaking news quoting Pakistani security sources in a tweet on Tuesday.The security expert tweeted that Indian forces including all Indian bases in Jammu Kashmir were currently on high alert in anticipation of a possible Pakistani strike.
Pakistan on Wednesday summoned Indian Acting High Commissioner Gaurav Ahluwalia and condemned the unprovoked ceasefire violations by the Indian occupation forces along the Line of Control (LoC) on February 26, in Nikial and Khuiratta sectors which resulted in the martyrdom of four innocent civilians and injuries to six others.The civilians martyred included Mottia Bibi, Ms Zarina, Gulfaraz and Ms Shehnaz.
According to a Foreign Office statement, Director General (SA & Saarc) Dr Mohammad asked the Indian envoy that India should respect the 2003 Ceasefire arrangement, investigate the incidents of violations, instruct its forces to respect the ceasefire in letter and spirit, and maintain peace on the LoC and the Working Boundary (WB).The Director General (SA & Saarc) demanded that the Indian side should permit United Nations Military Observers Group in India and Pakistan (UNMOGIP) to play its mandated role as per the UN Security Council resolutions.
According to the statement, the Indian forces along the LoC and the WB were continuously targeting civilian populated areas with heavy weapons. This unprecedented escalation in ceasefire violations by India was continuing from the year 2017 when the Indian forces committed 1970 violations, it added.“The deliberate targeting of civilian populated areas is indeed deplorable and contrary to human dignity, international human rights and humanitarian laws. The ceasefire violations by India are a threat to regional peace and security and may lead to a strategic miscalculation,” the statement maintained.

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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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