ISLAMABAD – It is shocking news for the entire nation that value of dollarsurged to an all-time high in the interbank market that would unleash a newwave of inflation and increase the overall debt of the country.
The economy of the country is in a very bad shape. Instead to devalue therupee it should be fixed at some particular rate. Devaluation of rupee isnot the answer if the root cause persists.
Now the profiteers will bring dollar to the market to get the advantage ofthe rise in the value.
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Pakistani currency is under severe pressure currently due to tumblingforeign exchange reserves of the country.
