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Dar takes notice of hike in dollar rates

byCT Report
06/07/2017
in Business
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ISLAMABAD: Finance Minister Senator Mohammad Ishaq Dar Wednesday took serious notice of the spike in the interbank rates of the US dollar versus the Pakistani rupee.

During an emergency meeting of the officials of Finance Division, he took notice and expressed deep concern, indignation and disappointment at the fact that the current political situation was being exploited by certain individuals, banks and entities, resulting in the artificial rise of the interbank rate of the US dollar versus the Pakistani rupee, which had negatively affected the country’s foreign exchange markets. Dar said the responsible persons and entities in that matter would be identified and appropriate action would be taken against them in the national interest.

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