FBR strongly denies the flight of dollar from Pakistan

News Image

By MG News | September 27, 2021 at 10:26 AM GMT+05:00

0:00

September 27, 2021: Federal Board of Revenue (FBR) has categorically rebutted the unfounded, malicious intent, and misleading content propaganda being advanced by some irresponsible elements that there was a huge flight of dollars from Pakistan.

It is further clarified that previously the bilateral trade between Pakistan and Afghanistan was carried out in US Dollars but now the same is being conducted in Pak Rupees. Furthermore, FBR has taken very stringent enforcement measures at the Airports to eliminate the possibility of any such unethical practice.

Pakistan Customs has made it mandatory for all passengers flying out of the country to undergo thorough personal scrutiny and 100 % declaration of currency through an automated process in order to ward off this nefarious illegal activity. This leaves the little possibility of the subject undesirable practice.

It is further reiterated that this transparent and efficient mechanism being adopted at all the airports across Pakistan is facilitating the smooth and easy movement of outbound passengers, thus reducing significantly their time and cost.

Press Release

Related News

Name Price/Vol %Chg/NChg
KSE100 130,692.81
266.44M
0.27%
348.77
ALLSHR 81,270.22
852.06M
0.30%
246.24
KSE30 39,956.76
106.92M
0.12%
48.50
KMI30 190,635.43
141.00M
0.58%
1100.43
KMIALLSHR 55,044.23
472.35M
0.48%
260.57
BKTi 34,619.40
26.80M
-0.92%
-321.33
OGTi 28,666.77
21.39M
1.31%
370.72
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 110,610.00 110,965.00
109,200.00
325.00
0.29%
BRENT CRUDE 68.54 69.00
68.32
-0.57
-0.82%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
-0.75
-0.76%
ROTTERDAM COAL MONTHLY 109.20 0.00
0.00
0.20
0.18%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 66.90 67.50
66.65
-0.55
-0.82%
SUGAR #11 WORLD 15.87 15.90
15.44
0.29
1.86%

Chart of the Day


Latest News
July 03, 2025 at 02:53 PM GMT+05:00

PM reviews progress on cashless economy plans


July 03, 2025 at 02:12 PM GMT+05:00

Ghani Global secures SECP approval for share issuance


July 03, 2025 at 01:26 PM GMT+05:00

Banks raise ATM withdrawal fee to Rs35


July 03, 2025 at 12:57 PM GMT+05:00

SBP mandates biometrics for wallet cash



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg