The State Bank in Pakistan is unlikely to control the dollar rate. Pakistan dollar rate jumps to 169 Pak Rupees. PM Imran Khan not to buy the dollar in order to keep it in control. The current crises in Pakistan are just unavoidable. Economy in Pakistan revived a bit though it was the “COVID effect”, which many including European countries also are in huge debt.
Imran Khan is looking forward to put Pakistan progressing, but price inflation also keeps Pakistanis in trouble. Rise of prices and dollar rate crises in Pakistan is the issue for PTI, which the opposition raising voices against Imran Khan govt. There are some issues also with the World Bank, where Pakistan can still find tough to resolve. However, the overseas Pakistanis are happy over the dollar rate because they can send few dollars to help their families, living in Pakistan.
However, People in Pakistan have too many issues even when fuel rates in Pakistan not hiked. The fuel rates are accordingly reduced. The Imran Khan govt PTI also ordered businesses to reduce prices because they’re benefited with reduced fuel prices. Opposition has too many issues against PTI, which was learned when Imran Khan is in deep trouble as the rise of prices in Pakistan also creating ruckus.
A situation of severe crises in Pakistan currently going on though Imran Khan did well during the COVID crises. He managed to control COVID to put Pakistan safe since more than a year. Few other countries, which were affected from the COVID crises including India and Indonesia also reasonably doing well. The USA (America) is still not come out from the COVID crises, where daily cases touching almost 100,000.
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