Eggs and dollars

Published 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

Karachi

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