Effect of Dollar Rate on Local Vehicle’s Business

Sat Feb 18 2023
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By Muhammad Usman

Dollar 1

ISLAMABAD: The appreciating US dollar against the Pakistani rupees continues to impact local marks of vehicles.

Local car manufactures have shut down their production units due to the massive raising of the dollar against the local currency.

On the other hand, the government has imposed restrictions on import of vehicles, putting local dealers in several difficulties with their businesses facing complete shutdowns.

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