A dollar is selling at Rs 300 in the open market


Karachi (Urdu Point, Latest Newspaper. 01 June 2023) The dollar has gone into reverse gear in the open market, the dollar has become 16 rupees cheaper. According to the details, a record drop in the dollar price has been seen in the open market. In the open market, the price of the dollar decreased by 16 rupees, the dollar is selling at 300 rupees in the open market. It should be noted that a slight increase in the value of the dollar was recorded in the inter-bank yesterday, while a decrease was recorded in the open market.

The value of the dollar increased by 12 paise to Rs 285.47 from Rs 285.35 in the inter-bank market, while the value of the dollar decreased by Rs 1 to Rs 311 in the open market. It should also be remembered here that the former federal minister and leader of Tehreek-e-Insaf Hamad Azhar has claimed that the dollar has become more expensive than 100 rupees in 14 months, the borrowing rate has doubled, and the inflation rate has tripled since the regime change. has grown
He said that the Pakistani currency has depreciated by more than 100 rupees against the dollar in 14 months, the risk of Pakistan's default has increased manifold, the borrowing rate has doubled since we left the government. While former chairman FBR and economist Dr. Shabbar Zaidi revealed that Pakistan does not have the money to repay the loans till 2028. He said that even if experts are brought in today, they cannot save Pakistan from defaulting, the country will default in 2024.

Pakistan does not have money to pay back the loans till 2028, the government people are talking in circles. No one is telling the truth, if the loans are not rescheduled, Pakistan will default. The government in Pakistan claims that the country has not defaulted, but despite this, the value of the dollar in Pakistan is higher than that of Sri Lanka, which defaulted.