Pakistan:  Why not control Dollar?

In the Inter Bank, the price of $ 110 was increased from Rs 60 to Rs. 115

In the Inter Bank, the price of $ 110 was increased from Rs 60 to Rs. 115

News Time

In dollar value compared to rupees just a few hours in the last few hours a day increase of Rs due to which the dollar reached the highest level of $ 115, Not only the government but the whole political leadership of the country, the state institutions and the entire nation is a very serious moment. According to news reports, currency dealers stopped buying and selling dollars in the open market after the intensity of rupee rupees. Our external debt volume is at least $ 89 billion, which has increased to Rs 800 billion in just one day due to the recent record increase in dollar value. Due to this increase in dollar value, the country’s new tropical storm is expected, while petroleum product prices are more likely to increase.

State Bank has told the deficit and external payments for the reason of this negative situation while external exchange dealers and experts also say that the central bank has reduced its value by ending the support without showing the rupee. The State Bank declined 5 percent in the same year last year to balance the balance of payments. According to the details, the dollar mafia increased the value of the dollar within an hour to earn billions of rupees

On Tuesday, a sudden reduction in rupee value was Rs 4, 40, due to which the price of the dollar in the Inter Bank increased from Rs 110 to Rs. 115, while during the open market, the value of the dollar rose from 111 rupees to 50 paise to Rs 114, The dollar’s price trend rose from the start of the market, and the value of the dollar increased by Rs 4 to 40 paise in just an hour. And at the same time 116 rupees reached at a distance of 25 paise, after which the State Bank issued immediate orders to strengthen the value of the dollar’s sale and sale. Market sources say a sudden increase in dollar value is a result of a big dollar mafia plan. While stated in the statement issued in the State Bank exports and workers’ remittances appearing 12.2% and good growth of 3.4% respectively during the July-February fiscal 18 year However, during the same period last year, they had declined, but the external balance payment situation is in pressure on heavy import bill, The country has to pay more than $ 20 billion worth of payments, due to which the current account deficit has increased and demand for exchange of gold and money has arisen, According to State Bank, this adjustment in exchange is largely compatible with the emerging factories in the external sector. And on its behalf, careful exchange of markets will be monitored. Regardless of how satisfactory these specifications are, and how many times, after 2008, the value of rupees once again came to the lowest level in the country’s history. There will be a slight increase in the turtles of night and day of millions of Pakistani is If special arrangements are not made, the public will face floods facing the inflation while experts and Forex Dealers are also showing the doubt that IMF’s marks on this mark the current value of the dollar does not reflect the value of its value, it will have to take 120 to 125 rupees in the coming days.

Even though the State Bank’s analysis, due to political dynamics and certain judicial decisions, the birth-loving Afriffer has not been calculated in the causes of the economic crisis. But in the current situation these factors also have a great role. To improve the situation, political leaders and state institutions meet together and find joint solutions to the challenges faced by the national interests are inevitable.

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