Islamabad: Federal Minister Ishaq Dar Wednesday said the economic recovery local currency stabilization Reducing inflation and interest rates was one of the Coalition’s top priorities.
Speaking to reporters upon his arrival at the Finance Ministry, Ishaq Dar said speculators would not be allowed to play with the local currency.
“No one will be allowed to play with Pakistani currency,” he said.
answer the question he It denied the feeling that the PML-N government, in office from 2013 to 2018, had injected the dollar into the market to keep the rupee undervalued. The ministers said they would rather bring foreign exchange reserves to a record level of $23 billion.
‘Believe in a market economy’
He insisted that the government believed in a market economy. It is remembered that the PML-N government launched a market-based exchange rate.
Dar said the country was facing tough challenges. But these will be fixed as they have done in the past.
Earlier, he expressed his satisfaction with the rupee’s appreciation over the past two days. The PML-N leader said the PML-N-led government had also saved the country from default in 2013.