Never a dull moment in our country’s political or economic situation. When it is not the season of political intrigues, it is the economy that is spewing fresh controversies. The latest being the new lows our currency has seen against the dollar. It is currently touching 91 rupees in exchange of one dollar. The present political situation of the country is yet another jolt that can push the currency further down as markets face an unclear situation.
Without taking concrete steps to hold this downward slide in its feet, we are sure to see a hyper inflation as a result of too much devaluation of rupee. That situation would not be in anyone’s favour. Efforts should be made to avoid it.
SARA RAMZAN
Lahore
