COAS assures traders of ‘transparency’ in forex rate

Chief of Army Staff (COAS) General Asim Munir has pledged to bring transparency to dollar exchange and interbank rates, and to incorporate money exchanges under taxation, during a meeting with the business community in Lahore.

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9/4/2023

Pak Army Chief Takes Charge of Troubled Economy, Echoes Return of Zia Ul Haq Era - News18

Pakistan's Chief of Army Staff, General Asim Munir, outlines key economic policies and assures a stable business environment during a meeting with top businessmen in Karachi, reflecting similarities with former military dictator Zia-ul-Haq's approach.

9/5/2023

Businessmen upbeat about army chief’s resolve to revive economy

Chief of Army Staff (COAS) General Asim Munir assured the business community that efforts will be made to bring foreign investment to revive Pakistan's economy, with a $25 billion investment discussed with Saudi Arabia in various sectors, including IT, minerals, agriculture, and defense, according to Federation of Pakistan Chambers of Commerce & Industry (FPCCI) President Irfan Iqbal Sheikh.

9/14/2023

Pakistan Cracks Down on Black Market Currency Traders to Prop Up Rupee

The Pakistani military's crackdown on the black market has led to a significant influx of dollars into the interbank and open markets, resulting in the recovery of the Pakistan rupee and its strengthening beyond the official rate, with the campaign being credited to army chief General Asim Munir.