Finance Minister vows to ensure stability in forex market

Finance Minister vows to ensure stability in forex market

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ISLAMABAD: Finance Minister Miftah Ismail has said that the government is committed to take all possible measures to keep Pak rupee vis-à-vis the US Dollar stable without interfering into market mechanism.

Presiding over a meeting with heads of all the major Exchange Companies of Pakistan at Finance Division in Islamabad on Saturday, he expressed firm resolve of the Government to ensure stability in the Forex market.

He assured the participants that all possible steps would be undertaken to protect and strengthen the economy of Pakistan that would result in improving the value of Pak rupee.

He affirmed that this government is determined to make Pakistan a prosperous and developed country.

The person in charge of the exchange company put forward various suggestions in this regard. It is suggested that exchange companies should be promoted to increase the flow of domestic remittances to Pakistan. The exchange company assured that if these measures are implemented, the value of the Pakistani rupee will appreciate and stabilize.

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