The American newspaper Bloomberg warned that if the government and Imran Khan continue to fight, the Pakistani rupee will fall further.
According to the report of the journal, there are also increasing fears of not getting a loan deal with the IMF, capital is moving abroad from Pakistan.
Matters have worsened after Imran Khan’s arrest, according to the Journal, political distractions may be the reason behind the delay in progress on the loan agreement.
Matters with the Asian Development Bank and the World Bank are also stalled, all related to IMF approval.
From June and July to September, we have to pay 5 to 6 billion dollars, but our foreign reserves are close to 4 billion dollars, this will further increase the risks and increase the pressure on the Pakistani rupee.
It should be noted that the price of the dollar has reached 301 rupees in the open market, while the value of the dollar in the inter-bank exchange yesterday was 285 rupees 82 paise.
