PTI Fawad Chaudhry Media Talk From London About Ishaq Dar - PTI Imran Khan Govt News
- 5 years ago
PTI Fawad Chaudhry Media Talk From London About Ishaq Dar - PTI Imran Khan Govt News
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Federal Information and Broadcasting Minister Fawad Chaudhry on Thursday said that the fluctuation in dollar’s rate does not make a difference.
While speaking to the media in the British capital, the minister said that “It does not matter if the dollar price increases. The nation wants chickens who ate golden eggs to be held accountable”.
Referring to former president Asif Ali Zardari and ousted premier Nawaz Sharif, Fawad said that these leaders “ate golden eggs” and now they were lecturing the government on the economy.
“Nawaz Sharif and Zardari have fought their last elections and now there is nothing left for them,” the minister added.
Lately, in a historic surge on November 30, the value of the dollar shot up by Rs 8 in the interbank market resulting the dollar rate to reach up to Rs 142 against Rs 134 trading on November 29.
The current account deficit was said to be the reason behind the fresh surge. However, the rupee recovered against the dollar in the open market on December 3 as the greenback fell by Rs 3 to Rs 136.
Commenting on the latest drop, it has been reported that “the appreciation of rupee is a temporary phenomenon, and it could depreciate again in view of foreign loan payments the government was about to undertake”..
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Federal Information and Broadcasting Minister Fawad Chaudhry on Thursday said that the fluctuation in dollar’s rate does not make a difference.
While speaking to the media in the British capital, the minister said that “It does not matter if the dollar price increases. The nation wants chickens who ate golden eggs to be held accountable”.
Referring to former president Asif Ali Zardari and ousted premier Nawaz Sharif, Fawad said that these leaders “ate golden eggs” and now they were lecturing the government on the economy.
“Nawaz Sharif and Zardari have fought their last elections and now there is nothing left for them,” the minister added.
Lately, in a historic surge on November 30, the value of the dollar shot up by Rs 8 in the interbank market resulting the dollar rate to reach up to Rs 142 against Rs 134 trading on November 29.
The current account deficit was said to be the reason behind the fresh surge. However, the rupee recovered against the dollar in the open market on December 3 as the greenback fell by Rs 3 to Rs 136.
Commenting on the latest drop, it has been reported that “the appreciation of rupee is a temporary phenomenon, and it could depreciate again in view of foreign loan payments the government was about to undertake”..