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Exchange Companies Association of Pakistan

Coverage of Exchange Companies Association of Pakistan in the Nexus archive.

Earliest in view: Jul 3 · 02:24 UTCMost recent: Jul 26 · 04:32 UTC
Co-mentioned in this coverage
Recent coverage
  • BUSINESSJul 26 · 04:32 UTCDAWN
    War dries up unofficial dollar inflows

    The Gulf war has disrupted Dubai's informal trading, reducing unaccounted dollar inflows through Pakistan's hundi and hawala networks, which harms small exporters and domestic manufacturers. Crypto investments are now diverting billions from the local market, with dollar outflows reported through illegal channels.

  • BUSINESSJul 3 · 02:24 UTCDAWN
    Remittance incentives to banks abolished as IMF steps in

    The State Bank of Pakistan (SBP) has abolished the Sohni Dharti Remittance Programme (SDRP) and Telegraphic Transfer Charges Incentive Scheme (TTCIS), effective July 1, 2026, following IMF scrutiny. The incentives, which cost up to Rs120bn annually, were discontinued to address concerns over non-performance-linked financial allocations. Banks will continue offering free remittance transfers to users despite the scheme’s termination.