Pakistan (Aamer Habib) FIA ordered to clamp down on dollar hoarding
PAKISTAN (Aamer Habib) Federal Information and Broadcasting Minister Chaudhry Fawad Hussain has said the government has directed the Federal Investigation Agency (FIA) to launch operation against dollar hoarding, and speculative currency trade.
In a tweet by Fawad Chaudhry, he said the operation is being launched in coordination with Ministry of Finance State Bank of Pakistan. But now the questions are
Now people are very
‘People who are traveling abroad will now travel without foreign currency.’
‘People who are travelling abroad will now travel without foreign currency?
Some people says this action is very bad by Govt. because “Killing transactions. Kills economic growth”
And some says It’s not illegal to buy and invest in foreign currency, so there’s no law which can use for speculation. It is the government’s fault for making people lose confidence in the rupee, and must act to shore up confidence. Now time will Tell us that this Decision was good or bad.