Dollar supply to be increased to eliminate black market: Malik Bostan
Business
Chairman ECAP meets Finance Minister with delegation, advices action against hundi transactions
ISLAMABAD (Dunya News) – Chairman Exchange Companies Association of Pakistan (ECAP) Malik Bostan has said that dollar supply will be increased in the market to reduce the dollar rate and the black market will be eliminated.
Malik Bostan along with the delegation met the Finance Minister Ishaq Dar. In the meeting he suggested to register a case against those who were involved in hundi transaction. The Finance Minister promised action on the matter through FIA.
Malik Bostan said that the exchange companies had decided to go abroad and collect dollars from overseas Pakistanis and give those dollars to the government. He said that supply will be increased in the market to reduce the dollar rate and the black market will be eliminated.
