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Exchange Companies Decided to End the Cap on Dollar Rate

admin-augaf by admin-augaf
January 24, 2023
in Business, Finance
Reading Time: 1 min read
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Exchange Companies Decided to End the Cap on Dollar Rate
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Karachi January 24 2023: According to Forex market sources, it has been decided to set the dollar rate at 253 rupees for buying from the open market.

Forex market sources say that it has been decided to fix the selling price of the dollar at 255 rupees and the settlement price of the dollar for credit cards at 256 rupees.

On the other hand, the Exchange Companies Association has decided to end the dollar rate cap.


It has been decided in the exchange companies meeting that the decision to cap the dollar is in the interest of the country, but the results are not coming.


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Tags: SBP
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