Exchange rates for currency notes

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Wed, 11 Oct 2023, 9:52 AM

KARACHI, Oct 11 (APP): CURRENCY SELLING BUYING
USD 283.71 277.60
GBP 348.76 341.19
EUR 300.89 294.95
JPY 1.9063 1.8652
SAR 75.64 74.01
AED 77.25 76.08

LIBOR
LIBOR FOR CALCULATING INTEREST ON SPECIAL USD BONDS
LIBOR 1M 5.45555
LIBOR 3M 5.66835
LIBOR 6M 5.88272

US DOLLAR Indicative FBP Rates

CURRENCY SIGHT/
15 DAYS1M2M 3M4M 5M 6M

USD 277.81 275.10 270.45265.79261.80258.06254.86

EUR 294.70 292.12287.55 283.17 279.26 275.63272.65

GBP 341.48338.18332.52326.91322.06 317.49313.62

NBP Exchange Rates

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NNPS Desk

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Wed, 11 Oct 2023, 9:43 AM

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KARACHI, Oct 11 (APP): Treasury Management Division of National Bank of Pakistan (NBP) on Wednesday issued the following exchange rates.

URRENCY SYMBOL TT Selling TT Buying
U.S DOLLAR USD 280.90 280.40
EURO EUR 298.47 297.94
JAPANESE YEN JPY 1.8875 1.8841
BRITISH POUND GBP 345.31 344.70
SWISS FRANC CHF 310.64 310.09
CANADIAN DOLLAR CAD 206.72 206.35
AUSTRALIAN DOLAR AUD 180.47 180.15
SWEDISH KRONA SEK 25.95 25.90
NORWEGIAN KRONE NOK 26.02 25.97
DANISH KRONE DKK 39.96 39.89
NEWZEALAND DOLLAR NZD 169.37 169.07
SINGAPORE DOLLAR SGD 206.08 205.71
HONGKONG DOLLAR HKD 36.07 36.01
KOREAN WON KRW 0.2098 0.2095
CHINESE YUAN CNY 38.71 38.65
MALAYSIAN RINGGIT MYR 59.46 59.36
THAI BAHT THB 7.71 07.69
U.E.A DIRHAM AED 77.01 76.87
SAUDI RIYAL SAR 74.89 74.76
QATAR RIYAL QAR 77.10 76.96
KUWAITI DINAR KWD 908.86 907.24

CONVERSION RATE FOR FROZEN FCY DEPOSITS
USD 280.4805
GBP 344.0093
EUR 297.5057
JPY 1.8841

SETTLEMENT DATE: 13-10-2023

Mideast crisis nears ‘tipping point’, UN official says, as Israeli ground offensive looms

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NNPS Desk

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Wed, 11 Oct 2023, 8:20 AM

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UNITED NATIONS, Oct 11 (APP): With Gaza bracing for an Israeli ground offensive, the top UN humanitarian official on Tuesday called for an end to the escalating violence in the Occupied Palestinian Territory and Israel, warning that “the whole region is at a tipping point.”

In a statement, UN Emergency Relief Coordinator Martin Griffiths described the scale and speed of the unfolding crisis as “bone-chilling”.

Meanwhile, Israel has called up an unprecedented 300,000 reservists after shutting down food and fuel to Gaza.

But experts say the potential prospect of a ground offensive in one of the planet’s most densely populated territories comes at a very high cost.

On their part, UN agencies have been working round the clock since Hamas launched an attack on Israel four days ago, prompting intensive strikes by Israel and a complete siege of the Gaza Strip

He said hundreds of Israelis have been killed and thousands injured. Scores are also being held captive “facing appalling threats to their lives.”

Meanwhile, hundreds of Palestinians have been killed and thousands injured in intense bombing in Gaza. He noted that homes, health centres and schools sheltering displaced families have been hit.

“My message to all sides is unequivocal: The laws of war must be upheld,” he said “Those held captive must be treated humanely. Hostages must be released without delay.”

Griffiths stressed the need to protect civilians and civilian infrastructure.

“Civilians must be allowed to leave for safer areas. And humanitarian relief and vital services and supplies to Gaza must not be blocked,” he said.

The World Food Programme (WFP) on Tuesday launched an operation to provide critical food assistance to more than 800,000 people in Gaza and the West Bank.

WFP called for establishing humanitarian corridors to facilitate the entry of aid and humanitarian assistance into Gaza, while appealing for the safe and unobstructed passage for its staff and essential commodities.

More than two million people live in the enclave and at least 200,000 have been displaced. Most are now sheltering in schools run by the UN agency that assists Palestine refugees, UNRWA.

The agency urgently requires access and funding to reach those in need and is seeking $17.3 million in the next four weeks to address this critical situation.

UN Humanitarian Coordinator for the Occupied Palestinian Territory, Lynn Hastings, said Israel had cut water supply to Gaza, which was already experiencing scarcity.

Access to electricity, food, and fuel have also been severed, worsening the already dire humanitarian situation resulting from more than 15 years of blockade.

Electricity is now only available for roughly four hours a day, which hinders the ability of health facilities to function and treat those injured.

“The United Nations and its humanitarian partners in the Occupied Palestinian Territory are working to meet acute needs, in particular shelter, in dangerous circumstances. However, access for humanitarian staff and supplies into Gaza has also been cut and the intensity of the hostilities is limiting the ability of staff to deliver aid,” she said.

Security forces kill two active terrorists in KP operations

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NNPS Desk

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Wed, 11 Oct 2023, 12:28 AM

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RAWALPINDI, Oct 11 (APP): The security forces killed two active terrorists in separate operations in different districts of Khyber Pakhtunkhwa province on the night of October 9 and 10.

According to the Inter-Services Public Relations (ISPR) news release on Tuesday, an intelligence-based operation was conducted in the general area of Kulachi, Dera Ismail Khan District where after an intense exchange of fire, terrorist Ikram was killed.

He remained actively involved in numerous terrorist activities against the security forces including the recent attacks on Police Station Hathala and Rori Police Check Post.

In another encounter with terrorists in the general area of Miran Shah, North Waziristan District, the Army troops effectively engaged the terrorist location as a result of which one more terrorist was sent to hell.

The forces also recovered weapons and ammunition from the killed terrorists.

Locals of the area appreciated the operation and expressed their full support to eliminate the menace of terrorism, the ISPR said.

Russia’s bid for re-election to UN Human Rights Council fails after vote

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NNPS Desk

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Wed, 11 Oct 2023, 12:10 AM

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UNITED NATIONS, Oct 10 (APP): Russia failed to regain its seat on the UN Human Rights Council on Tuesday during an election in the General Assembly, which voted last year to suspend Moscow following its invasion of Ukraine.

Russia was competing against Albania and Bulgaria for two seats on the 47-member Geneva-based body to represent the Eastern European regional group.

In the secret ballot, Bulgaria secured 160 votes, while Albania received 123. Russia obtained 83 votes.

During a Security Council session on Monday, Russia’s UN Ambassador Vasily Nebenzya accused the United States of spearheading efforts to hinder Russia’s re-entry to the human rights body.

“The main phobia of our American colleagues today is electing Russia to the Human Rights Council,” Nebenzya told Security Council the meeting called by Ukraine to discuss last week’s strike by a Russian missile on the Ukrainian village of Hroza that killed more than 50 people.

US Deputy Ambassador Robert Wood told 15-member Council members on Monday that Russia’s re-election to the Human Rights Council “would be an ugly stain that would undermine the credibility of the institution and the United Nations”.

The other regional races were not competitive.

After the ballots were cast and counted, Assembly President Dennis Francis announced Albania, Brazil, Bulgaria, Burundi, China, Cote d’Ivoire, Cuba, Dominican Republic, France, Ghana, Indonesia, Japan, Kuwait, Malawi, and the Netherlands were elected to serve for three years, beginning 1 January 2024.

China, Cote d’Ivoire, Cuba, France, and Malawi were re-elected for their second terms.

The Human Rights Council, the UN’s premier rights body, is tasked with the responsibility to uphold and advance fundamental freedoms globally. Created in 2006, it’s members are elected via secret ballot by a majority of General Assembly members.

In order to ensure equitable geographical distribution, its seats are distributed among regional groups of States as follows, from Africa (13); Asia-Pacific (13); Eastern European (6); Latin American and Caribbean (8); and Western European and others (7).

Malawi topped the voting for African nations, with 182 votes, followed by Cote d’Ivoire (181), Ghana (179), Burundi (168), and Nigeria (3). In Asia and the Pacific, Indonesia secured 186 votes, followed by Kuwait (183), Japan (175), and China (154).

In Eastern Europe, Bulgaria received 160 votes, followed by Albania (123), and Russia (83). Russia was seeking re-election to the Human Rights Council after it resigned from the body on 7 April 2022.

Latin America and the Caribbean saw Cuba secure 146 votes, followed by Brazil (144), Dominican Republic (137) and Peru (108). This is the first time Dominican Republic is elected to the Human Rights Council.

In Western Europe and others, the Netherlands received 169 votes, and France 153.

The new members will join Algeria, Argentina, Bangladesh, Belgium, Benin, Cameroon, Chile, Costa Rica, Eritrea, Finland, Gambia, Georgia, Germany, Honduras, India, Kazakhstan, Kyrgyzstan, Lithuania, Luxembourg, Malaysia, Maldives, Montenegro, Morocco, Paraguay, Qatar, Romania, Somalia, South Africa, Sudan, United Arab Emirates, United States of America, and Vietnam on 1 January 2024.