Maulana Syed Abdul Khabir Azad uses a telescope to sight the moon. -APP/file
KARACHI: The moon-sighting body will meet today to sight the Zil Hajj moon at the Met Department's Karachi office in Gulistan-e-Jauhar.
According to a statement, the members of the committee will meet this evening with Maulana Syed Abdul Khabir Azad in the chair.
Officials of the Ministry of Religious Affairs, Pakistan Space & Upper Atmosphere Research Commission (SUPARCO), Pakistan Meteorological Department and Ministry of Science and Technology will also attend the session.
Meanwhile, the zonal and district Ruet-e-Hilal Committees’ meetings will be held at their respective headquarters.
Later, the Ruet-e-Hilal Committee will announce the final decision about the sighting of the Zil Hajj crescent.
The International Astronomical Centre (IAC) has requested the countries to organise committees to sight the Zil Hajj moon today.
The crescent is likely to be sighted on the evening of June 30, which will mark the start of the holy month.
Muslims across the globe will likely celebrate Eidul Azha on the 10th of Zil Hajj, after completing all the pillars of pilgrimage.
The US dollar was seen losing ground against the rupee in interbank trading on Wednesday morning as it fell by 50 paisa, with analysts linking the development to optimism surrounding the expected release of loan tranches by the International Monetary Fund (IMF). According to the Forex Association of Pakistan (FAP), the greenback depreciated Rs1.45 against the previous day's close of Rs206 to reach Rs204.55 around 1:20pm. The FAP's closing rate of the last session shows a difference of 87 paisa from that of the State Bank of Pakistan, recorded at Rs206.87. By closing time on Wednesday, the greenback was being traded at Rs205.50 in the interbank. Exchange Companies Association of Pakistan General Secretary Zafar Paracha attributed the international currency's fall to the possibility of the IMF releasing two combined tranches of around $1.85 billion instead of the initially expected single tranche of around $1bn. On Tuesday, Pakistan received the Memorandum of Eco...
The rupee, which has been on an upward trend for more than a week now, continued strengthening against the dollar in the interbank market on Friday. By 10:05am, the local currency had gained Rs2.15 against the dollar to reach Rs224, up 0.95 per cent from yesterday’s close of Rs226.15. The rupee had been on a consistent decline from July 15 and fallen to a record low of 239.94 on July 28. But since July 29, it has reversed gears and its value had risen by Rs14.15 till yesterday (Aug 4). The biggest hike was seen on Wednesday (Aug 3), when the rupee appreciated by a record single-day gain of Rs9.59 or 4.19pc. This major gain by the rupee has brought exchange rate stability as currency dealers feel that the fluctuations would not be as volatile as were witnessed in July when the greenback gained over 13pc in a single month against the local currency. More to follow. Source link
https://www.news.qm.com.pk/pkr-gains-rs2-15-against-dollar-in-interbank-market-business/?feed...
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