The political commotion in the country during recent days has stalled the economic progress to considerable extent by negatively affecting the healthy economic indicators. The dollar is again strengthening against rupee in the currency market from a steep cut in the previous months at the rate of Rs99.90. In the month of March US dollar depreciated in the interbank market whereas rupee was at its nine-month high. The dollar is also getting strength in the open market day by day. Moreover, political agitation emanates cautionary signals to the foreign and local investors and makes them revisit their long term projects and plans. So the entire political leadership of the country particularly the agitating parties should think and make a cost benefit analysis of their political stance and situation of the country. It is hoped that sanity will prevail in the larger national interest of the country.
FARVAT MALIK
Lahore