Dollar surge continues, hits historic high at Rs 153

Kashif Rafiq

Chief Minister (5k+ posts)

KARACHI (92 News) – The US dollar rate further increased by Rs1.35, reaching all-time high of Rs149.50 in the interbank market on Tuesday.

On the other hand, US dollar is being sold at Rs155 in the open market.

On Monday, it was increased by Rs1.63 and was being sold at Rs149.50 when the business closed.

On the other hand, Pakistan stock market could not be stabilized and witnessed a decline on first day of the week. 100 index plummeted to 32,400 with a decrease of over 800 points.

On May 18, the US dollar price further increased by Rs1.35 in the interbank market and touching the all-time high value of Rs147.87.

Moreover, the US$ reached Rs151 in the open market with an increase of Rs4 .After the increase in the dollar rate, the stock exchange also declined to 804 points, with 100 index reaching 33,166.

On Thursday, the dollar that valued at Rs141.5 climbed roughly Rs6.51 and reached approximately Rs148 in the interbank market during trading before closing at Rs147.10.

The IMF bailout package has started destroying the economy instead of supporting it. After the approval of the bailout package, the dollar price is skyrocketing while the stock market is witnessing a decline daily.

The action taken by Prime Minister Imran Khan failed to yield any result. During a meeting with a delegation of the Exchange Companies Association on Wednesday, the prime minister had ordered action against the companies selling the dollar at a high rate.


 
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sawan1

Senator (1k+ posts)
یوتھیو تم کیو نہیں مان رہے آئی ایم ایف معاہدے کے مطابق ڈالر 165 روپے کا ہو گا یہ خبر معاہدہ ہونے سے پہلے اخبار میں آ چکی تھی
 

Desprado

MPA (400+ posts)
Daily PKR is depreciating 2 rupees and still BS Imran Khan is required a federal meeting?

Stupid PM you need only to do 2 things.

1) Make currency exchange dealer stop selling dollar.
2) Tell people the truth about IMF deal.

That is the only requires stupid Imran Khan. That is the only thing required from you execpt your statements and justification. This will make things clam ,where as Imran Khan made it more worse by just being silent and no reaction what so ever.
 

Educationist

Chief Minister (5k+ posts)
یوتھیو تم کیو نہیں مان رہے آئی ایم ایف معاہدے کے مطابق ڈالر 165 روپے کا ہو گا یہ خبر معاہدہ ہونے سے پہلے اخبار میں آ چکی تھی
کتی کے حرامی بچے
تو نے تو کہا تھا کہ عمران خان ایک یہودی ہے، ابے مادر چودھ جھوٹے مکار فراڈیئے، تیری پھدی ماروں، وہ کونسا یہودی ہے جس کو خانہ کعبہ کے اندر جانے کی اجازت دی جاتی ہے اور وہ خوش نصیب یہودی ہوتا ہے جس کے لیئے خانہ کعبہ کے دروازے ہی کھول دیئے جاتے ہیں ؟ مادرچودھ، دلا، کتی کا بچہ ہے تو

 

araein

Chief Minister (5k+ posts)
Credit goes to Ishaq Dar, who bring the economy to this level by taking billions of dollars against motorways and state buildings of pakistan
 

TheYouth2

Councller (250+ posts)
Daily PKR is depreciating 2 rupees and still BS Imran Khan is required a federal meeting?

Stupid PM you need only to do 2 things.

1) Make currency exchange dealer stop selling dollar.
2) Tell people the truth about IMF deal.

That is the only requires stupid Imran Khan. That is the only thing required from you execpt your statements and justification. This will make things clam ,where as Imran Khan made it more worse by just being silent and no reaction what so ever.
This is the product of your Nalaiq Najaiz Nikkami Na-Ehal Nonsene Nikhattu League...you fruitcakes never talk about the billions of dollars previous governments looted through kickbacks and money laundering...
 
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