To check the storing of US dollars, the State Bank of Pakistan (SBP) has proposed an arrangement requiring biometric confirmation for anybody buying $500 or more from exchange companies.
The move is important for thorough changes in the exchange companies sector. The SBP has additionally diminished the US dollar purchase limit for travel purposes from $10,000 to $5,000 and the annual limit from $60,000 to $30,000.
Furthermore, people buying $2,000 or above from exchange companies should pay from their Pakistani Rupee account.
The SBP means to team up with the Federal Investigation Agency to take action against illegal foreign exchange operators.
