Dollar will fall below Rs 200 soon, Ishaq Dar

Islamabad: Federal Finance Minister Ishaq Dar has claimed that all calculations have been done, the current value of the dollar is not real, in the coming days the real value of the dollar will be less than 200 rupees.

While giving an interview on private TV, he said that since September 26, the value of the rupee is improving against the dollar every day, while the dollar is very strong in the global market, he will bring down the dollar further under his policies.

He criticized the former prime minister and chairman of Tehreek-e-Insaf, saying that the devaluation of the rupee led to an increase in foreign exchange due to which Imran Khan’s team had to increase the interest rate, and businesses got loans at an interest rate of about 17 percent. were, his lofty claims proved to be false.

Also, Finance Minister Ishaq Dar said that he knows how to deal with the International Monetary Fund (IMF) and now no one will worry about anything in this regard.

He said that I know how to handle the affairs of the IMF, so from now on former finance minister Miftah Ismail and no one else need to worry.

It should be noted that this statement of Ishaq Dar has come at a time when Miftah Ismail in a tweet called the government’s decision not to increase the Petroleum Development Levy (PDL) without IMF approval ‘reckless’.