HomePakistanDar pledges to arrest flight of dollar

Dar pledges to arrest flight of dollar

ISLAMABAD    –   Finance Minister Ishaq Dar has ac­cused PTI Chairman Imran Khan of destroying the national economy and assured the masses that he would bring the dollar value below 200 with the help of his policies.

“The actual value of the Pak rupee is less than 200 against the green­back and it will be brought down as it is currently undervalued,” he said this while talking to a private TV channel yesterday. He said that the dollar value is strong international­ly, “but “we will bring it down below 200 against our currency soon.”

He strongly favoured intervention in currency markets in three previous stints in the job and is also expected to strength­en the currency which closed at Rs227.29 against the US dollar yesterday. The finance minister went on to say that Khan’s speeches at his pub­lic gatherings reflect his frus­tration, saying that “deals and favouritism” are part of Khan’s fate. “Khan and his en­tire team are obsessed with me because they fear that we [PML-N] will stabilise the economy of Pakistan once again as we did back in 2013,” he said, reiterating his sugges­tion that the country needs a charter of the economy.

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