1 usd to pkr live: US dollar hits all-time high at Rs144 intraday in interbank market

The value of a currency is based on the resilience of its economy which in turn is based on consumer confidence and investor interest. How can 100 days be a time to evaluate anyone let alaone the PM. Actual inflow intoPakistan since IK took office has been only 1.35 billion USD as against a total need of somwhere above USD 10 billion. Some studies indicate that an immediate infusion of USD 16 billion is required. Those are big numbers. IMF solutions always hit the root cause and always caused huge public outrage in all nations. Consider the recent case of Greece. But IMF recommendations are basic – for instance it recommend a wider tax base, low subsidy, control government expenditure, curbs on non essential imports. In a way IMF solution is no different than what a family would do in dire times. The transition to normal economic conditions perhaps could take a full term of the government without much public mercy. Perhaps it may not elected again. But someone has to carry the burden

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