Pakistan economy in shambles! Dollar access tightened; cash purchases capped at $500 to check outflows

Pakistan's central bank has implemented new restrictions to curb US dollar outflows and protect the rupee's value. Banks can no longer dispense cash dollars to customers without foreign currency accounts, with transactions now routed through account-to-account transfers to promote a cashless economy.

Pakistan economy in shambles! Dollar access tightened; cash purchases capped at $500 to check outflows
Pakistan's central bank has implemented new restrictions to curb US dollar outflows and protect the rupee's value. Banks can no longer dispense cash dollars to customers without foreign currency accounts, with transactions now routed through account-to-account transfers to promote a cashless economy.