ECAP adopts SBP-directed mechanism for issuing exchange rates
ECAP issues a single rate for the six selected leading currencies. In compliance with the directives issued by the State ...
Tag: Exchange Companies Association of Pakistan
Rupee tumbles by nearly Rs19 against dollar in interbank amid IMF delays
Analysts attributed the record drop — which is 7.04pc — to the government’s impasse with the International Monetary Fund (IMF). ...
Rupee down in the dumps as dollar continues to flex muscles
Rupee closes at an all-time low of 269.63 against dollar in interbank market after losing Rs7. The rupee continued its ...
Exchange companies remove dollar cap to dent grey market
Dollar expected to trade between 254-257. Exchange companies remove dollar cap to dent grey market. In a major decision, the ...
Forex firms advise govt to fix higher dollar rate to boost remittances
ECAP believes the move will place curbs on illegal channels. Forex firms advise govt to fix higher dollar rate to ...
Smuggling of US dollars to Afghanistan harming Pakistan’s economy: currency dealer
About $2bn goes to Afghanistan in form of official, unofficial trade. Smuggling of US dollars to Afghanistan harming Pakistan’s economy: ...
