Skip to content

The dollar has gone out of control in Pakistan

0 0
Read Time:2 Minute, 1 Second

 The dollar has gone out of control in Pakistan

dollar
 The Pakistani rupee continues to be trampled

What is the reason?

Today’s blog will look at the uncertainty of the dollar.

The devaluation of the dollar had started since the government was changed in Pakistan after Imran Khan as a result of lack of confidence.

According to analysts, overseas Pakistanis immediately withdrew dollars from
Roshan Digital Account and other banks, due to which the dollar started to become scarce in the country and the dollar crossed the level of 200 rupees in the second week of the PDM government.

After the coin, Ishaq Dar took over the portfolio of the Ministry of Finance and played a political trick.

Ishaq Dar stopped the dollar in order to keep his honor while looking at Chalaki.

They had just left for Pakistan when they saw a significant decrease in the value of the dollar.

The dollar was kept stable for some time and then increased. The dollar was static at two hundred and twenty five.

Ishaq Dar benefited from the fact that he continued to make a prominent place in the headlines of the Pakistani media, but experts continued to call it a dangerous situation.

His loss was that the dollar remained at 225 in the interbank market, but the dollar kept flying above 250 in the open market.

The gap in the market has become dangerous. People started buying and selling dollars through Hundi and Open Bank.

Due to which the movement of US Dollars in Pakistani banks was stopped. Apart from this, due to the arrival of the imported government, many e-heavy industries of Pakistan were locked.

And the export stopped. This was the reason why the dollar was not produced.

Two days after the artificial stability of A dollar was removed, the interbank dollar jumped to its real level.

Experts say that the LC is not fully open yet. As soon as the international trade opens, the situation may become dire. There is a fear of further shortage of dollars.

If the IMF stops aid to Pakistan, the country will default.

In two days, the US dollar became expensive by about thirty-five rupees.
That happened for the first time in history.Hope there is some good news for Pakistan.
Tell us what you think about the situation in the country in the comments.

 It will be uploaded on your site with your name.
Happy
Happy
0 %
Sad
Sad
0 %
Excited
Excited
0 %
Sleepy
Sleepy
0 %
Angry
Angry
0 %
Surprise
Surprise
0 %

Average Rating

5 Star
0%
4 Star
0%
3 Star
0%
2 Star
0%
1 Star
0%

One thought on “The dollar has gone out of control in Pakistan

Leave a Reply

Your email address will not be published. Required fields are marked *