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Tag: foreign currency

This tag provides stories related to foreign currency. Pakistan Revenue is committed to provide updated news article on foreign currency.

pakistan customs

Outbound passengers to declare currency above $5,000

September 21, 2022September 21, 2022Mrs. Anjum Shahnawaz

Federal Board of Revenue (FBR) Wednesday issued draft rules to make it mandatory for outbound passengers to make declaration of currency amounting above $5,000. The FBR issued draft amendment to Baggage Rules, 2006 by issuing SRO 1751(I)/2022 dated September 20, 2022. READ MORE: Rupee ends near historic low; Dollar gains to PKR 239.65 The revenue […]

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State Bank of Pakistan

SBP issues FAQs to foreign currency account rules

October 11, 2020July 23, 2024Mrs. Anjum Shahnawaz

KARACHI: State Bank of Pakistan (SBP) on Sunday issued Frequently Asked Questions (FAQs) in response to SRO issued by the finance ministry related to foreign currency account rules.

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State Bank of Pakistan

FOREIGN CURRENCY ACCOUNTS: SBP says new regulations to strengthen forex regime

October 11, 2020May 11, 2026Mrs. Anjum Shahnawaz

KARACHI: State Bank of Pakistan (SBP) has said that recently issued regulations related to foreign currency account have been aimed to strengthen the foreign exchange regime in the country.

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State Bank of Pakistan

SBP allows opening foreign currency accounts on declared assets abroad

August 6, 2020August 6, 2020Mrs. Anjum Shahnawaz

KARACHI: The State Bank of Pakistan (SBP) on Thursday introduced a separate category of foreign currency account for non-resident and resident Pakistanis, who have assets abroad and declared with the tax authorities. The SBP in a circular said that in order to facilitate the non-resident Pakistanis as well as resident Pakistanis, who have assets abroad […]

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State Bank of Pakistan

SBP issues instructions on foreign currency loan by private sector

December 17, 2019March 7, 2021Mrs. Anjum Shahnawaz

KARACHI: The State Bank of Pakistan (SBP) on Tuesday issued instruction to banks and exchange companies related to foreign currency loan by private sector. A circular issued by the central bank said that the chapter 19 of Foreign Exchange Manual 2019 contained that it is required to register all foreign currency (FCY) loans, above USD […]

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pakistan customs

Pakistan Customs’ travel guide for passengers

October 23, 2019March 21, 2021Mrs. Anjum Shahnawaz

KARACHI: Pakistan Customs has issued travel guide for persons departing to or arriving from abroad regarding clearance of goods under prevailing laws. GREEN CHANNEL Green Channel, as the color signifies, means freely passing without any Customs formalities. This is for the passengers who do not posses articles or goods that are restricted or in excess […]

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