Monitoring Report
Pakistan Muslim League-Nawaz (PML-N) Senator Ishaq Dar on Wednesday took oath as Finance Minister amid economic crisis in the country.
According to detail, Dar returned to country nearly after five years on Monday and later took oath as member of the upper house of the parliament on Tuesday.
Dar, known for his preference for a stronger currency, had led the finance ministry three times in the past. During his last stint as finance chief from 2013 to 2017, he managed to keep the rupee stable. It was the most stable currency in Asia from 2014 to 2017, according to data compiled by Bloomberg.
The Pakistani rupee is on a winning streak since news of Ishaq Dar assuming the charge of the finance minister.
