Dar takes cognisance of spike in interbank rate of US dollar versus Pakistani Rupee


ISLAMABAD, July 05 (TNS): The Finance Minister, Senator Mohammad Ishaq Dar, during an emergent meeting of the officials of Finance Division, has taken notice, expressed deep concern, indignation and disappointment at the fact that the current political situation is being exploited by certain individuals, banks and entities, resulting in the artificial rise of the interbank rate of the US Dollar versus the Pakistani Rupee, which has negatively affected our Foreign Exchange (FX) markets.

The Finance Minister said that the responsible persons and entities in this matter will be identified and appropriate action will be taken against them in the national interest.