KARACHI: President Dr Arif Alvi on Sunday urged the people to buy local products after recent downfall of the Pakistani rupee against US dollar.
The President tweeted, “Considering pressure on Pakistani rupee, I urge Pakistanis to buy ‘Made in Pakistan’.”
He added, “In this time of crisis we must try to avoid luxury goods and avoidable imported purchases. If you put your mind to it there is a long list of daily use imported products. This is what we must do together.”
Considering pressure on Pak rupee,I urge Pakistanis to buy 'Made in Pakistan'. In this time of crisis we must try to avoid luxury goods & avoidable imported purchases. If you put your mind to it there is a long list of daily use imported products. This is what we must do together
— Dr. Arif Alvi (@ArifAlvi) December 2, 2018
The Pak rupee hit an all-time record low of Rs144 to the US dollar on November 30th. It finally closed at an all-time low of Rs139.05 to the US dollar in the inter-bank market.
Moreover, the rupee has lost its value by a massive 36 percent against the dollar over the past 12 months.
