He said that in just 10 months of Pakistan Tehreek-e-Insaf’s (PTI) government, the rupee had fallen by Rs31 against the dollar which was the highest devaluation recorded in the country’s history. He said that the dollar’s value has gone up for the second consecutive day.
Wahab said that the PM had called an urgent meeting after the increase of two rupees in dollar rate on Wednesday and ordered stringent measure for controlling exchange rate. A high-powered committee was also formed in this regard.
He said that it was strange that despite the notice of the PM, the exchange rate of dollar increased by Rs6 in the inter-bank market when the market opened on Thursday. He asked why the overseeing committee was formed a day earlier and how long the PTI would continue to make people cry.
Published in The Express Tribune, May 17th, 2019.
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