Karachi: Secretary general Exchange Companies Association Zafar Paracha has declared an uptick in the US dollar price as an artificial.
Talking in Abbtakk New Program Beneqab, he said the in the collusion of banks and currency mafia the greenback was increased.
Zafar Paracha apprised that he has already informed the respective institutions that the dollar mafia has once again mobilized.
He said that the security agencies needed to mobilize again before the matter worsen more.
Interbank closing #ExchangeRate for todayhttps://t.co/MaQrBcTLrz#SBPExchangeRate pic.twitter.com/vzQmy6TCsN
— SBP (@StateBank_Pak) October 18, 2023
It is pertinent to mention that the US dollar appreciated by Rs 4 in open market and Rs 3 in the inter-bank market today.
