The SBP stepped in to curb the dip in the Pakistan Rupee (Rs.).
People persons traveling to Afghanistan will be allowed to carry only $1,000 per person per visit with a maximum annual limit of $6,000. Transparency is also being enhanced in this process, so as to make it a full proof system. Foreign Exchange Companies are now required to conduct biometric verification for all foreign currency sale transactions equivalent to $500 and above and outward remittances. Furthermore, Exchange Companies will need receipts of funds through cheque to effect any transaction of $10,000/- and above.
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