Published On: Fri, May 17th, 2019
Published in Category: Islamabad

PPP expresses reservation over rise in value of dollar

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ISLAMABAD: Pakistan People Party (PPP) has expressed strong reservation over the increase in dollar rate by Rs 6.

PPP central leader ,Sherry Rahman, expressed strong concern over the rising rate of dollar She said that dollar rate has increased to its highest peak for the first time in the history of country. The government is breaking the record of its failures.

Sherry Rahman further concluded that dollar value has risen to high level of Rs 148 but the public should not worry, inflation will increase but the public should not worry,

The government is accepting terms before reaching agreement with IMF.” In open market the dollar determines its value by its self and the experts say that the dollar will go up further. Its second time that such enormous increase has been witnessed in the rate of dollar ”, she said.

“I hope Prime Minister will take action after watching news on TV. Government difficult policies made the survival of common man difficult, “she said.

It is pertinent to mention that the fluctuation in the value of dollar is continuing in inter bank during trading. . After reaching the highest point of 148 the value of dollar has bounced back to 147 in open market as well

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