Pakistan Rupee Could Touch 250 vis-a-vis Dollar Within a Year: Noted Economist

A prominent economist in Pakistan has alleged that the government has “very little say” in shaping of the economy and that the local rupee could touch 250/dollar within a year.

At a recent meet in Karachi on the state of the economy, Kaiser Bengali, who has worked with several federal and state governments in Pakistan, said, “We currently have a finance minister and governor of State Bank who have come from abroad. Since 1993, we have had these ‘fly-in, fly-out’ consultants…” Read More…