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IMF bail out condition,

(115335)
Tuesday, December 25, 2018 06:59 PM 

Dear readers,

I was listening to one radio program in which anchor was saying the deal to execute bailout package for Pakistan depends on free float dollar in open market and make dollar appreciate to around 220-240 rs per dollar.

Government is not agreeing on this condition. Would like to get feedback from the forum members, whether it’s just rumors or it has any authentic background to it.

Khan88 replied on Wednesday, December 26, 2018 02:03 AM 

Just rumours but imf did ask for currency to be free float - government rejected this. They have settled for 150 by june 2019
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