The currency market has stabilised over the past couple of months after experiencing extensive volatility. The rupee strengthened at 101.7/101.9 against the US dollar in the inter-bank market on Monday compared to Friday’s close of 102.2/102.4.
Prime Minister Nawaz Sharif appreciated Finance Minister Ishaq Dar’s efforts for strengthening the rupee value against the dollar.
The prime minister said that prudent fiscal and monetary policies initiated by the government and spearheaded by its economic team under the leadership of Finance Minister Ishaq Dar have started yielding positive results.
Published in The Express Tribune, November 11th, 2014.
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