In the meeting of the Special Investment Facilitation Council, a decision was made to bring the value of the dollar equivalent to the market rate through every possible action.
According to the report, it was stated in the SIFC meeting that the value of the rupee is currently around 250 rupees against the dollar. The military leadership had said they would work on immediate measures to align the dollar's value with market value.
It was decided in the meeting that to bring the rupee's value in line with the market, the Federal Board of Revenue (FBR), Intelligence agencies, the State Bank, and the Federal Investigation Agency (FIA) will collaborate on actions.
It's worth noting that the series of the dollar's growth continued on the second day, bringing further improvement in the value of the rupee.
On Tuesday, at the start of business in the interbank market, the dollar became cheaper by an additional 2 rupees and 16 paisas, almost three weeks after the dollar reached 299 rupees