In the meeting of the Special Investment Facilitation Council, a decisionwas made to bring the value of the dollar equivalent to the market ratethrough every possible action.
According to the report, it was stated in the SIFC meeting that the valueof the rupee is currently around 250 rupees against the dollar. Themilitary leadership had said they would work on immediate measures to alignthe dollar’s value with market value.
It was decided in the meeting that to bring the rupee’s value in line withthe market, the Federal Board of Revenue (FBR), Intelligence agencies, theState Bank, and the Federal Investigation Agency (FIA) will collaborate onactions.
It’s worth noting that the series of the dollar’s growth continued on thesecond day, bringing further improvement in the value of the rupee.
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On Tuesday, at the start of business in the interbank market, the dollarbecame cheaper by an additional 2 rupees and 16 paisas, almost three weeksafter the dollar reached 299 rupees
