Permission to buy and sell foreign currency to all commercial banks of the State Bank
KARACHI: The State Bank of Pakistan has allowed all commercial banks to buy and sell foreign currency. According to a circular issued by the State Bank’s central office, the foreign exchange has allowed banks through amendments to the rules.
According to the details, the State Bank has allowed all commercial banks to buy and sell foreign currency. According to a circular issued by the Central Bank’s central office, amendments to the Foreign Exchange Rules have allowed the banks.
After the amendment to the Foreign Exchange Rules, all commercial banks will be able to buy and sell foreign currency freely. In this regard, certain rules of the Foreign Exchange Manual have also been revised.
