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Dollar touches 171 mark against Pak rupee

Karachi: US dollar on Monday jumped 07 paisa in the inter-bank market to be traded at Rs171.20, weakening rupee by -0.04%. 

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According to the State Bank of Pakistan (SBP), the Pakistani rupee continued to lose its ground against the US dollar for the second consecutive session in the inter-bank market depreciating by -0.04% to close the day’s trade at Rs171.20. 

The demand for dollars continues to be strong owing to the pressure from importers on the back of a strong economic recovery, pushing the domestic currency lower, experts said. 

Traders associated with the Forex market say the main reason for rising in the dollar rate in Pakistan on Tuesday is the increase in import bills.

Earlier Pakistani rupee had touched an all-time low of Rs171.20 against the greenback last year in August before recouping some losses to hit a 24-month high of Rs152.95 in April 2021.

 

Shehroz Azhar

Shehroz Azhar is a senior editor at GNN, known for writing top quality content which garner very high readerships and has been covering every field of journalism, including politics, media, sports and scholarly articles. Shehroz Azhar is nothing less than a Veteran Editor and has been writing for GNN for the past 7 months.

Pakistan

As fourth wave continues, Pakistan reports over 1000 cases, 27 deaths

According to National Command and Operations Center (NCOC), around 1,086 cases of coronavirus were reported while 27 people succumbed to the disease in the last 24 hours, taking the total death toll to 28,228.

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As fourth wave continues, Pakistan reports over 1000 cases, 27 deaths

Islamabad: Pakistan is presently experiencing the fourth wave of coronavirus which is said to be deadlier and more contagious than the previous three COVID waves.

According to National Command and Operations Center (NCOC), around 1,086 cases of coronavirus were reported while 27 people succumbed to the disease in the last 24 hours, taking the total death toll to 28,228.

The total number of cases has reached 1,262,771.

As many as 1,194,590 patients have recovered from the disease with 2,132 critical cases.

Punjab

The number of patients swelled to 437,316 in the province with 12,821 causalities.

Sindh

The number of infections has surged to 464,746 in the province, while the death toll has reached 7,520.

Khyber Pakhtunkhwa

The confirmed cases have surged to 176,501 in the province with 5,673 casualties.

Balochistan

There are 33,108 confirmed cases while 352 patients have died from the infection so far.

AJK and Gilgit-Baltistan

There are 34,380 coronavirus cases in the AJK while the death toll has reached 740. On the other hand, there are 10,363 cases in GB with 186 coronavirus deaths.

Islamabad

There are 106,357 cases in the capital city while 936 people have lost their lives. 

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Pakistan

Nation celebrates Eid Milad-un-Nabi (PBUH) with religious, traditional zeal

Back in history, the day was first celebrated as an official festival in Egypt, the celebrations of Eid-e-Milad became more popular during the 11th century.

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Nation celebrates Eid Milad-un-Nabi (PBUH) with religious, traditional zeal

The whole nation is celebrating Eid Milad-un-Nabi (PBUH) today (Tuesday) with traditional zeal and fervor and renewing the pledge to transform their lives in line with the Islamic principles and disseminate teachings of the Holy Prophet Muhammad Sallallah-o-Alaihe Wa Aalehe Wassallum.

The day dawned with a 31 and 21 gun salute in the federal and provincial capitals, respectively, following a night of Mahafil-e-Naat and conferences across the country.

Special prayers offered in mosques for upholding and flourishing of Islam and religious teachings, unity, solidarity, progress, and welfare of the Muslim Ummah.

To mark the annual event, state and religious organisations, Milad committees and individuals have planned a number of activities including processions, seminars, conferences and discussion programmes.

Moreover, streets and roads, as well as bazaars, shopping centres, government and private buildings have been beautifully decorated and illuminated with lights, colours and banners bearing writings about the celebration of Eid Milad-un-Nabi (SAW).

In addition, people wear green ribbons or green items of clothing, carry green flags or banners on this day. The green colour is a symbol of Islam and paradise. People also conduct activities like marches, parades, and night long prayers meetings.

Furthermore, communal meals are also offered in mosques and other community buildings.

A national Rehmatul-lil-Aalameen [Sallallah-o-Alaihe Wa Aalehe Wassallum Khatam-un-Nabiyeen] conference is being held in Islamabad today.

Several news and Current Affairs Channel will broadcast a day-long Marathon transmission on this occasion.

Eid-e-Milad-un-Nabi is celebrated on the occasion of the birthday of the Prophet of Islam, Hazrat Mohammad (PBUH).

It is also known as Nabi Day, Mohammad's birthday or the Prophet's birthday.

The Holy Prophet Muhammad (SAW) was born on the 12th of 573 AD in the city of Mecca. The full name of Prophet Hazrat Mohammad is Mohammad ibn Abdullah ibn Abdul Muttalib.

Back in history, the day was first celebrated as an official festival in Egypt, the celebrations of Eid-e-Milad became more popular during the 11th century.

This year, as per the Gregorian calendar, Eid Milad-Un-Nabi began on the evening of October 18, 2021, and will end on the evening of October 19, 2021.

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Pakistan

Coronavirus: Pakistan records lowest daily death toll of fourth wave

According to National Command and Operations Center (NCOC), around 689 cases of coronavirus were reported while 18 people succumbed to the disease in the last 24 hours, taking the total death toll to 28,152.

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Coronavirus: Pakistan records lowest daily death toll of fourth wave

Islamabad: Amid a steady decline in Covid-19 infections, Pakistan's coronavirus positivity ratio further fell to 1.62% with 689 new cases. 

According to National Command and Operations Center (NCOC), around 689 cases of coronavirus were reported while 18 people succumbed to the disease in the last 24 hours, taking the total death toll to 28,152.

Pakistan is presently experiencing the fourth wave of coronavirus which is said to be deadlier and more contagious than the previous three COVID waves.

The total number of cases has reached 1,259,648.

As many as 1,189,742 patients have recovered from the disease with 2,280 critical cases.

Punjab

The number of patients swelled to 436,442 in the province with 12,792 causalities.

Sindh

The number of infections has surged to 463,167 in the province, while the death toll has reached 7,502.

Khyber Pakhtunkhwa

The confirmed cases have surged to 176,048 in the province with 5,650 casualties.

Balochistan

There are 33,083 confirmed cases while 350 patients have died from the infection so far.

AJK and Gilgit-Baltistan

There are 34,354 coronavirus cases in the AJK while the death toll has reached 739. On the other hand, there are 10,353 cases in GB with 186 coronavirus deaths.

Islamabad

There are 106,201 cases in the capital city while 933 people have lost their lives.   

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