Reason Behind the Rise of US Dollar With PKR|US Dollar Hits High Against Pakistani Rupee
Prime Minister, Imran Khan said on Friday that people should not worry about the recent hike in US Dollar price against Pakistani rupee saying, his government was taking steps to ensure that a shortage of dollars would not exist in the future.

Addressing a ceremony to announce the launch of a car manufacturing plant by JW Forland, the prime minister spoke expressed he was getting phone calls about the recent devaluation of Pakistani currency as the dollar climbed an all-time high of Rs142 in the interbank.

“I want to tell everyone not to worry about the dollar hike. There is an adjustment taking place. We are taking steps which will ensure that there won’t be a shortage of dollars in Pakistan,” Khan told the audience.

The prime minister highlighted that Pakistan’s biggest problem was the ensuing current account deficit which stood at almost $18.5 billion adding that the government was tasked with overcoming the deficit.

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