Thursday, September 19, 2024

“Real Value of Dollar is Below Rs. 200, Rupee Downfall is Temporary”, says Ishaq Dar

While speaking to media, Finance Minister Ishaq Dar said that if he is not independent decision making power for an economy he wouldn’t accept the challenges. He further said that inflation is not something to come in a day, it took 4 years.

He expressed hope that inflation would decline in upcoming days and the relief would be provided to nation as soon as possible.

He further elaborated that he has given a relief to the nation as he haven’t increase prices on petroleum product neither he discussed it with IMF. If India can get oil at cheap prices from Russia then Pakistan too.

Ishaq Dar said, “the State Bank will fulfill its responsibility regarding the value of the dollar, the value of the dollar is artificial, it will fall below 200 rupees, the market need not worry, there will be no problem.”

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