Published in DAWN on December 21, 2013
THIS is apropos Cyril
Almeida’s article ‘Dar and the dollar’ (Dec 18). No one seems to have noticed
that every time the price of eggs goes up, the dollar also rises against the
rupee.
There is only one explanation
for this: those who own poultry farms manipulate the exchange rate for reasons
known only to themselves.
The finance minister should
immediately form a committee to find out why this is happening.
Perhaps he should ask the
State Bank of Pakistan to get into the egg buying and selling business to
control the exchange rate. Or he could ask egg dealers to release all their
eggs in the market (like he asked traders to sell all their dollars).
Shakir
Lakhani
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