State Bank of Pakistan Introduce Forward Sale Transactions for Exchange Companies to Boost Remittances
The State Bank of Pakistan now allows exchange companies to enter short term forward sale transactions for 5 days to stabilize liquidity and enhance formal remittance inflows.
State Bank of Pakistan Permits Short Term Forward Sale Transactions for Exchange Companies
The State Bank of Pakistan introduces a five day forward sale mechanism for exchange companies to stabilize remittance inflows and manage currency risk.