News Desk |
Mufti Taqi Usmani, the revered Islamic cleric, has called out people who are deliberately involved in the depreciation of the value of Pakistani rupee. Mufti Taqi Usmani in his latest statement expressed that hoarding dollars to earn profit and manipulating to increase its value is a grave sin and is a disservice and disloyalty to the country.
Mufti Usmani narrated a Hadith in which those involved in the hoarding are cursed by Allah. The unabated plunge in depreciation of the value of Pakistani Rupee against US Dollar in the financial market is a worrying phenomenon that is exacerbating the economic crisis in the country.
Read more: Rupee hits historic low against Dollar
Hence in the wake of current Rupee-to-Dollar disparity, the people of Pakistan have initiated a campaign on social media calling to boycott the US Dollar to stabilize the market value of Rupee. The Netizens are encouraging the people to sell off their Dollars in the market that will automatically pull down its demand and increase its supply.
Our currency Our pride we must defend it from economic attacks that are challenging our freedom and our right to exist .in this war we are all economic soldiers we must defend our rupee #buypakrs ❤️🙏🏼🇵🇰 pic.twitter.com/kTMqDPxqhx
— Shaan Shahid (@mshaanshahid) May 20, 2019
Boycott all the imported stuff which we have to pay buy doller and use substitute things made in Pakistan 🇵🇰. #بائیکاٹ_ڈالر
— Waqas Yousaf (@waqashussaini) May 17, 2019
Dear Pakistanis! Remember this is our Pakistan. We people of Pakistan have to save it. No political party cares Pakistan. #بائیکاٹ_ڈالر
— ahmad sadeed (@sadeed9) May 17, 2019
Pakistan yet not finalized any deal with IMF its only a corrupt maafia who is creating artificial demand of dollars and stupid media is behaving like Our national currency is dollar. Govt Just need action and hang them all who is beneficiary from all this situation.#بائیکاٹ_ڈالر
— Rida Fatima (Ridzzz) (@ridaabidi27) May 17, 2019
Because the capital thieves stocked FOREX in anticipation of a currency devaluation and now they just won't sell it. The dollar squatters are quite literally destroying our economy. That's capitalism at its ugliest. #بائیکاٹ_ڈالر
— Shahid Raza. (@schaheid) May 18, 2019
As much as you can, buy local alternatives to imported products. Yes, I know that's not very fashionable and I know that this sort of tweet is generally looked down on by many, but It's what I plan to do…as much as possible.
— Zarrar Khuhro (@ZarrarKhuhro) May 20, 2019
They are also advising people to cut down their expenditures on buying imported goods and instead prefer buying home-made products. This will help strengthen rupee against the dollar as it will pull down the demand for imported goods and will help expand the local industry which is the need of the hour. ‘Made in Pakistan’ trend is gaining momentum on social media.
— Muzamil Saim!!! (@Muzamil88355) May 18, 2019
— Muhammad Azeem 🇵🇰_🇦🇪 (@azeem9656) May 18, 2019
— Khizar Awan🇵🇰 (@powerstrugle128) May 18, 2019
Pak imports everything, from yoghurt to ice cream to even milk!
Aren’t these goods locally available in Pak?
Most certainly, but our brand addict awaam just can’t buy local goods
By buying Pak made products we’ll be helping our economy along with creating jobs.
— Ayesha’s Agenda (@AyeshaAgenda) May 18, 2019
Senior journalists, including Zarrar Khoro and Ansar Abbasi, have taken part in this campaign as well. The participants of the social media campaign are quoting the examples of how Turkish people unanimously stabilized Lira against Dollar when it touched its all-time lowest rate to save the economy. The protestors on the streets of Turkey burnt the 2-meter long Dollar note. Several others followed and carried on with the act to save the economy.
Going beyond party lines, politicians should take part in awareness campaign against dollarization.This is must to save Pak economy from a possible serious harm. Pl do it for Pakistan. #بائیکاٹ_ڈالر @ImranKhanPTI @CMShehbaz @MaryamNSharif @BBhuttoZardari @SirajOfficial @ArifAlvi
— Ansar Abbasi (@AnsarAAbbasi) May 17, 2019
We should boycott dollar as like Turkey and turkish people did.. We should use our pakistani currency instead of dollar..
— Abdul Basit Sid (@AbdulBasitSiddd) May 17, 2019