Ready to hit the storms after the dollar’s rise

Ready to hit the storms after the dollar's rise

The possibility of dry milk, cooking oil, leaves and pulses will cost to Rs 5 to 10 kg, electronic prices are likely to rise from 1 to 5 thousand rupees.

LAHORE (Urdu Newspaper Newsstand), November 30, 2018) After an increase in dollar value, ready to come to the hurricane after drying, dry milk, cooking oil, leaves and pulses are expected to cost Rs 5 to 10 kg, electronic products Prices are likely to increase from Rs 1 to 5 thousand. According to details, after a surge in Dalal’s value in Pakistan, there is a fear of a new and terrible storm in the country.
The value of the dollar in Pakistan’s market on Friday was known to the highest level of Pakistan’s history. In the Interbank market, the dollar was Rs 142, while the open market reached $ 144. However, due to interruption of State Bank at the end of the business day, the value of the dollar came to a level of 138 rupees.

That is, the rupee value increased by Rs. 3 per rupee at the end of the business day.

After the increase in dollar value, imports have begun to increase inflation. Importers have given rise to food supplements and various items of domestic use. Importers say that sugar prices, cooking oils, leaves and pulses are expected to cost Rs 5 to 10 kg due to the increase in dollar value. While prices of electronic products are likely to increase from Rs 1 to 5 thousand.
While other items from overseas countries will be expensive. In this context, economists say that the inflation of the inflation can only be stopped if economic deficit will be controlled. The decline in economic deficit can lead to improving the economic conditions of Pakistan.