Exchange companies to remove cap on dollar rate from today

Dollar shackles break as exchange companies decide to remove “dollar cap”  - Profit by Pakistan Today

The Exchange Companies Association of Pakistan on Tuesday announced that they would no longer be going forward with the “dollar cap”. In a statement, the secretary ECAP Zafar Paracha said that, “ the association was withdrawing the cap on the US dollar in the “nation’s interest” as the limit was causing adverse effects.” What did […]

Exchange companies to remove cap on dollar rate from today

ECAP chairman says cap "imposed in national interest has proven to be negative"; association to meet SBP deputy governor tomorrow.

In bid to dent grey market, exchange companies remove US dollar cap

KARACHI: The Exchange Companies Association of Pakistan has decided  — effective from tomorrow — to remove the cap on the US dollar, in a bid to end the surging artificial...

Exchange companies remove ‘dollar cap’ to abolish grey market

Exchange Companies Association of Pakistan (ECAP) has decided to remove the cap on US dollar in bid to end ‘artificial’ demand in the market

Exchange companies set to remove ‘self-imposed price cap’ on open-market dollars

Association says it will sell the foreign currency in accordance with demand-supply dynamics

US dollar to sky rocket in open market after removal of cap by exchange companies: report

Exchange Companies Association of Pakistan (ECAP) Chairman Malik Bostan announced on Tuesday that exchange companies will remove the cap on the open market price of the