Scholar Mufti Taqi Usmani said on Tuesday that purchasing dollars to hoard for the sake of profit is a ‘grave sin’ and disloyalty to the country in the present economic crisis. The US dollar continues its steep incline in Pakistan, reaching a new all-time high in the interbank and open market on Tuesday. Purchasing dollars to hoard and earn profit by the increase in its price is a grave sin and disloyalty to the country in the present economic situation. — Muhammad Taqi Usmani (@muftitaqiusmani) May 20, 2019With an increase of Rs1.36, the dollar reached Rs151. In the open market, the rate increased to Rs153.

Source: Pakistan Today May 21, 2019 17:26 UTC