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The government’s constitutional amendment is not for the country, but for its own interests and self-interest, Sheikh Rashed NewsPipa

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Pakistan Tehreek-e-Insaf (PTI) leader Sheikh Rashid said that the government’s constitutional amendment is not for the country, but for its own interest and interests.

In his statement on social networking site Twitter, Sheikh Rashed said politicians are airing their dirty laundry in the media.

The former Union minister said there was no time to take pictures of floods and insist on appointing State Bank governors.

Heavenly powers and people are with Imran Khan

Sheikh Rashid said that earthly power is with 15 ruling parties, heavenly power and people are with Imran Khan.

Country heading towards default’

He said that the faces of Sharif and Zardari are behind the speculations and conflicts of the Election Commission, the country is going towards bankruptcy, foreign exchange reserves, remittances and exports are decreasing.

The PTI leader said that if the Finance Minister imposes taxes one week and collects them the next week, all the constitutional amendments so far are not in the interest of the country.

Sheikh Rashed also said that the army chief also has to call for loans, August is an important month.

‘Dollar falls due to supply and demand’

Federal Finance Minister Miftah Ismail said yesterday, neither I nor the State Bank intervened in the fall of the dollar. The dollar did not fall because of my intervention, the dollar fell due to demand and supply.

He said, due to demand and supply difference, the price of dollar has increased, we have exported $30 billion and Pakistan’s import is $80 billion.

He said that while the State Bank has focused money changers on dollar speculation, some smaller banks have profited from dollar speculation.

6.40% rise in rupee value in one week is a record.

In the last one week, the rupee gained 6.40% against the dollar.

According to the weekly report on dollar and other currencies against the Pakistani rupee, the dollar fell by Rs 15.3 in the interbank market in a week.

Last week, the dollar closed at Rs 224.04 from Rs 239.37 in the interbank market, while the open market recorded a fall of Rs 26.

In one week, the price of the dollar fell from Rs 248 to Rs 222 in the open market.

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