The president Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Ghazanfar Bilour, has expressed his serious concern on the surge of US dollar price against local currency on Tuesday. Ghazanfar Bilour, in a statement, said that expectations of the people from the new government are fading fast and the expected relief for the poor masses is nowhere in sight. He also showed his dismay over the rising prices of all essential items and utilities, which are going to seriously hurt the common man and the cost of doing businesses. The devaluation of rupee will bring a massive hike in the prices especially petroleum products and other imported raw material, the statement continued, adding that this will seriously affect the overall economy and already-stressed export performance. The president FPCCI demanded that the government should bring certainty to its economic policies and its uncertain stance on many issues is seriously affecting the country’s economy. Published in Daily Times, September 10th 2018.