SBP announces strict measures for foreign currency outflow

KARACHI: In order to enhance transparency in the foreign currency transactions by exchange companies and to curb undesirable outflow of cash foreign currency, the State Bank of Pakistan (SBP) has introduced regulatory measures. According to guidelines shared by the SBP, persons travelling to Afghanistan will be allowed to carry only US$1,000 per person per visit with a maximum annual limit of US$6,000. Exchange companies will … Continue reading SBP announces strict measures for foreign currency outflow