PM Shehbaz Sharif convenes emergency meeting on economic situation

Islamabad: Prime Minister Shehbaz Sharif has called an emergency meeting on the economic situation of the country, the PM Office said Wednesday. 

The meeting will be attended by the economic team and top officials related to the economy. 

The meeting will evaluate the factors for the recent hike in the value of dollar and the measures to address it. 

The prime minister’s economic team will give a briefing on the country’s economic situation and the reasons for devaluation of the rupee against dollar.  

Earlier today, the US dollar showed no respite from the local currency and continued its upward trend to reach Rs226, an all-time high record.

According to details, the dollar was being traded around Rs226 against the PKR on the third day of the week as compared to the previous close of 221.99.