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Tag: foreign currency

US Dollar
Business
  • Reuters
  • Jul 22, 2025
US dollar indecisive as investors await more tariff clarity

US dollar traded in a tight range after a brief fall, as investors watched out for August 1 deadline on steep tariffs.

PIA air hostess smuggling
Pakistan
  • Web Desk
  • Jul 27, 2024
PIA air hostess arrested for smuggling foreign currency

Customs officials at Allama Iqbal International Airport during a search operation caught the PIA air hostess in possession of US dollars and Saudi riyals,

Exporters foreign currency accounts
Business
  • Web Desk
  • Feb 26, 2024
Exporters in Pakistan allowed to use foreign currency accounts

In a significant move to boost trade and streamline business operations, the State Bank of Pakistan (SBP) has granted exporters the freedom to utilise funds in their special foreign currency accounts for international payments without the need for prior approval.

Pakistan seeks loan from middle eastern banks
Business
  • Web Desk
  • Oct 05, 2023
FIA recovers over Rs3.86 billion in nationwide currency raids

The Federal Investigation Agency (FIA) has uncovered and seized over Rs3.86 billion in domestic and foreign currency during nationwide raids this year.

US DOLLAR
Business
  • Web Desk
  • Sep 30, 2023
Crackdown on illegal activities catapult Rupee to a two-month high

Other major international currencies, including the pound, euro, dirham, and riyal, also experienced depreciation throughout the week’s trading activities.

FIA
Business Latest
  • Faqeer Hussain
  • Sep 07, 2023
FIA crackdowns on illegal forex business, huge quantity of currency seized

The Federal Investigation Agency (FIA) has initiated a series of coordinated operations in Khyber Pakhtunkhwa

foreign exchange reserves
Pakistan
  • Hum News
  • Jul 21, 2023
SBP’s foreign exchange reserves soar by 90 per cent

This is the first time since October 2022 that reserves have crossed the $8 billion barrier, and comes after cash inflows to the country from Saudi Arabia, the United Arab Emirates (UAE), and the International Monetary Fund (IMF).

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