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Jun 05, 2020 PRINT EDITION
Business

Surge in dollar value, a temporary phenomenon : Faisal Vawda

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) leader and Minister for Water Resources Faisal Vawda on Friday indicated that

November 30, 2018

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) leader and Minister for Water Resources Faisal Vawda on Friday indicated that surge in dollar price was a temporary phenomenon and said it it will hopefully be under control shortly.

He was responding to the criticism of the opposition about current rise in dollar value in forex market.

Talking to a private news channel, he specifically pointed out that the dollar value increased due to black market and said the government was confident of decline in its value soon.

Vawda said that the surge in the dollar value was also witnessed during October and it was effectively brought under control at that time.

Copyright APP (Associated Press of Pakistan), 2018