9 thousand billion rupees of people are out of banks, speculations are happening on dollar and gold, Business Council

Pakistan Business Council (PBC) says that 9 thousand billion rupees of people are lying outside the banks due to which there is speculation on dollar and gold.

In a statement, the Pakistan Business Council said that there has been an increase in overseas Pakistanis sending currency to Pakistan through remittances, restrictions on imports have also been lifted prematurely, so pressure has increased on the Pakistani currency.

PBC says that the cotton crop has been good in Pakistan. Demand for Pakistani rice has increased after India banned its rice exports. By exporting it, an exchange rate of 3 billion dollars can be earned.

The Pakistan Business Council also appealed to control smuggling and extradition.

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