Pakistan has been in the news lately for its efforts to crack down on illegal dollar smugglers and hoarders. This determined campaign to stop illegal dollar transactions has had a noticeable effect on the country’s currency exchange rates, resulting in a decrease in the value of the US dollar. To summarize the crackdown, Pakistan’s authorities have intensified their efforts to stop illegal dollar transactions, which have been a persistent problem in the country, causing fluctuation in exchange rates and damaging the economy. The government hopes that this recent crackdown will bring transparency to foreign exchange dealings and rectify the situation. The crackdown has had a direct impact on the value of the US dollar, which has decreased as a result. The Pakistani Rupee (PKR) has become stronger against the dollar, indicating the success of the government’s efforts to curb the illegal dollar trade.
Dollar Rate: Buying At Rs. 286.15, Selling At Rs. 289.
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