Karachi (LTN NEWS): Chairman Exchange Association Malik Bustan says that after receiving the installment of the IMF, the price of the dollar may go down to 180 to 190 rupees.
Chairman Exchange Association Malik Bustan said that the claim made by Finance Minister Miftah Ismail about the import bill has been proved true, our trade deficit of 2 billion dollars has been reduced which is a huge amount.
He said that the Army Chief also appealed to the United States for a loan, which proved to be effective, looking at this, there was hope, that after receiving the installment of the IMF, the dollar may be less than 200 rupees.
Malik Bustan said that the dollar is falling by two to three rupees every day and after receiving the installment, it can now reach 180 to 190 rupees, which is its level.
He further said that when there is political instability in the country now people are convinced that there will be no immediate elections, after the decision of the Election Commission.
Malik Bustan said that earlier people were afraid that elections will be held and they do not know who will be the government, but now that this situation has ended, stocks and the rupee have improved.
