Surge in dollar value is temporary: Faisal Vawda
The dollar value has increased due to the black market, Vawda said.
ISLAMABAD (Dunya News) – Pakistan Tehreek-e-Insaf (PTI) leader and Minister for Water Resources Faisal Vawda on Friday has responded to the criticism of the opposition saying that the rise in Dollar value is temporary and that it will be under controlled soon.
He asserted that the dollar value has increased due to the black market, however, government is hopeful for a prominent decline in the its value.
Vawda added that one surge in the dollar value was seen during October but that was brought under control successfully and this recent rise will also be controlled.
Earlier, Pakistan Peoples’ Party (PPP) leader and Senator Mustafa Nawaz Khokhar on Friday slammed the Government saying that the sharp increase in dollar value is devastating the economy of country.
Mustafa Nawaz Khokhar has expressed concerns over the sky high value of dollar that has shown a rise in dollar to further add to debts by Rs 760 billion.
He said that PTI Government s policies are destroying country s economy.
