Pakistani Rupee Touches Record Low. Sangbad Pratidin Pipa News

Pakistani Rupee Touches Record Low. Sangbad Pratidin

Published by: Biswadip Dey | Posted: March 3, 2023 6:38 pm| Updated: March 3, 2023 6:38 pm

Pakistani Rupee Touches Record Low.  Sangbad Pratidin

News Daily Digital Desk: Pakistan in financial crisis. The country’s economy has collapsed due to inflation. In this situation, this time in Islamabad, the Pakistani rupee has fallen to a record. The price of rupee reached 285.09 per dollar.

Why the sudden fall in the price of the Pakistani rupee? In fact, Pakistan is supposed to get a loan from the International Monetary Fund (IMF). But before that they have to fulfill the given conditions. And this is why the loan process is getting delayed. This has created uncertainty in the market. And that’s why the price of Pakistani rupee has started falling.

[আরও পড়ুন: স্বস্তি মিলল না অনুব্রত মণ্ডলের, দিল্লি নিয়ে যাওয়ার ক্ষেত্রে ইডিকে বাধা দিল না দুই হাই কোর্ট]

And as a result, the people of Pakistan have to face a lot of pressure. After long negotiations, Pakistan was forced to take IMF loan in exchange of tough conditions. After that, the new bill was passed in the Parliament of Pakistan according to the conditions of the international organization. Shahbaz Sharif’s government has changed the tax system. As a result, the tax burden on the citizens of Pakistan has increased enormously. All in all, the condition of the common Pakistani people is the same.

Meanwhile, Pakistan’s ‘friend’ China stands by. They gave a loan of 700 million US dollars to Islamabad. America is seeing a ‘crimson cloud’ in this. They fear that after giving loans to Pakistan in this way, China can extract its profits by force.

[আরও পড়ুন: ঘুষ নিতে গিয়ে হাতেনাতে ধরা পড়ল বিজেপি বিধায়কের পুত্র, বাড়ি থেকে উদ্ধার ৬ কোটি টাকা]

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