The Pakistani rupee's remarkable comeback story can be traced back to a concerted effort by the government to crack down on illegal dollar trading.
This clampdown included operations by the Federal Investigation Agency and the deployment of plainclothes security officials at money exchanges to monitor dollar sales.
One of the key factors contributing to this turnaround is the elimination of leakages through illegal channels of hawala and hundi trade, which are common in South Asia. The State Bank of Pakistan has also taken proactive measures to stabilize the currency. These include raising capital requirements for smaller exchange companies and mandating large banks to open their own exchange companies.
پاکستان تازہ ترین خبریں, پاکستان عنوانات
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