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Pakistan’s crackdown on black market dollar trade pushes deals online

  • Many unlicensed exchange shops have been shut since July 22, when the military spy agency summoned representatives to explain dollar surge
  • Since the crackdown began, the Pakistani rupee has rebounded and firmed from Rs288.6 per dollar on July 19 to about Rs286 in recent sessions
By Reuters ·

Pakistan spy agency targets ‘black market dollar trade’ to curb rupee slide — forex association president

By Reuters ·

Crackdown on dollar hoarders, Afghan transit trade curbs ignite bullish sentiment at Pakistani markets 

By KHURSHID AHMED    ·
Special

Pakistani rupee hits historic low of Rs301 as market demand for US dollar surges

By KHURSHID AHMED    ·

Pakistan rupee drops to record low as import restrictions ease

By Reuters ·

Dollar appreciates by Rs3 in interbank market after Dar’s departure, amid rise in demand

By KHURSHID AHMED    ·

Saudi Arabia remains top contributor as Pakistan remittances decline 7.3 percent month-on-month 

By KHURSHID AHMED    ·

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Special

Pakistan's political uncertainty, IMF loan delay widens exchange rate gap in currency markets — dealers

By KHURSHID AHMED    ·

Pakistani rupee depreciates further on continued uncertainty over IMF bailout

By KHURSHID AHMED    ·

Pakistan’s rupee makes highest single-day gain against greenback in four months

By Khurshid Ahmad ·
Special

Pakistani rupee plummets to all-time low against US dollar at 271.36

By Khurshid Ahmad ·

Pakistani rupee falls after market maker group removes currency cap

By Reuters ·

Dollar smuggling to Afghanistan continues to exert pressure on Pakistani currency — dealers

By KHURSHID AHMED    ·

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