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SBP forces new limitations on unfamiliar trade buys

The SBP has drawn a line on the acquisition of unfamiliar trade by any resident.

As per media reports, the SBP has given new directions with respect to trading of unfamiliar cash. Under which an individual can now purchase unfamiliar money worth dependent upon one lakh dollars in a year from individual trade organizations.

The SBP has guided the trade organizations to take a composed affirmation from each individual who purchases unfamiliar cash worth at least 1,000 expressing that he has crossed the  100,000 imprint this year. Didn’t

As indicated by a SBP proclamation, the new guidelines in regards to trade organizations are pointed toward making the method involved with trading unfamiliar cash straightforward and recorded.

The national bank added that the move was likewise pointed toward deterring the pattern of trading unfamiliar cash from trade organizations dependent on reports and hypothesis.

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