In a single day, the Pakistan debts increased by trillions of rupees
The most disastrous day in the country's history for the Pakistani rupee, on Thursday, the dollar's daily appreciation of the dollar broke all records, the volume of debt increased by 240 billion rupees.
Lahore (Urdu Point Newspaper Latest. January 26, 2023) In a single day, the country's debts have increased by trillions of rupees. According to details, Thursday proved to be the most disastrous day in the country's history for the Pakistani rupee, the historic depreciation of the rupee also increased the debt burden. According to Geo News, on Thursday, the volume of loans increased by 240 billion rupees as all the records of the daily value of the dollar were broken.
It has been reported that an increase in the price of the dollar by 10 rupees in the interbank increases the volume of loans by 100 billion rupees, so on Thursday, the dollar increased by 24 rupees and the loan increased by 240 billion. In this regard, former minister Senator Shaukat Tareen, the leader of Pakistan Tehreek-e-Insaf, has said that Ishaq Dar promised to reduce the foreign exchange rate from 200 rupees, can he fulfill the promise now? In his statement, Shaukat Tareen said that when our government devalued the rupee in 2018/19 and the amount of debt increased, PDM turned against us, now the debt has increased by 2.4 trillion rupees in a single day. .
While Asad Umar has said that those who claimed to bring down the dollar from 200 have brought it above 240 dollars. Loss of remittances and exports, thousands of businesses destroyed, millions of people unemployed, who will bear the responsibility for this disaster? In this regard, Hammad Azhar says that if our government had remained, the dollar would not have gone above 190. In the last 9 months, the dollar went up by 75 rupees. The supply chain of industries has been affected. It will come, the government will have to make electricity and gas more expensive.
