Airport sources said they were smuggling the foreign currency to Dubai.
KARACHI: State Bank of Pakistan has taken comprehensive policy related measures to ensure that imports, exports and financing transactions can be denominated in Chinese Yuan (CNY). The measures have been taken in the capacity of the policy maker of financial and currency markets. Both public and private sector enterprises (i.e. both Pakistanis and Chinese) are free to choose CNY for bilateral trade and investment activities, a central bank release stated. As per current foreign exchange regulations, CNY is an approved…
KARACHI: Customs officials on Friday foiled a currency smuggling attempt at Quaid-e-Azam International Airport, ARY News reported.
PESHAWAR: The law enforcement agencies arrested 18 facilitators of terrorism from Khyber tribal region with over 65 million rupees Pakistani and foreign currency, ARY News reported on Saturday.
ZURICH: Switzerland's central bank dramatically increased its foreign currency reserves last month as it moves to keep the heated franc from getting too strong, data released Wednesday showed.