FIA to crackdown against currency speculations trade: minister

Federal Information Minister Fawad Chaudhry said on Friday the Federal Government directed the Federal Investigation Agency (FIA) to launch a “full fledged operation” against dollar hoarding and speculative trade in the country.

Advertisement

In a tweet, the Info Minister said the said crackdown will be coordinated by the State Bank of Pakistan and Ministry of Finance.

Earlier today, the Federal Finance Minister Asad Umar assured no further currency devaluation will take place which had lost almost 25 percent of its value since 2018. The Finance Minister advised people to refrain from buying dollars and opt to invest in the stock market instead.

Advertisement

Junior - Taleem Aam Karaingay - Juniors ko Parhaingay