Currency dealers

Court sentences three men to five years in prison amid Pakistan crackdown on illegal currency trade

Court sentences three men to five years in prison amid Pakistan crackdown on illegal currency trade

  • The crackdown was prompted by a slide in worth of rupee, which fell to a 22-month low of Rs284.97 against the US dollar last month
  • Burdened by over $58 billion in imports in last fiscal year, Pakistan faces severe inflationary pressure whenever greenback strengthens
By KASHIF IMRAN ·