Connect with Zorays

Hi, what are you looking for?

Governance

Combating Currency Smuggling: A Priority for Pakistan's Economic Stability
Advertisement

Governance

Accountability for Catastrophic Energy Policies: The Case Against IPPs

Governance

Pakistan Army Myths Regarding Military Service and Qualifications

Governance

North Nazimabad The Joyland of Hazim Bangwar
afghanistan dollar escape

Governance

Combating Currency Smuggling: A Priority for Pakistan’s Economic Stability

Post Views: 3,381
Published

and it takes only 5 minutes to read.

How it’s possible?

If we could purchase that 1 USD at 270 PKR in Afghanistan, but we can’t find 1 USD at 280 PKR in Pakistan cities. Then why it’s smuggled to Afghanistan?

It’s possible due to the difference in exchange rates between Afghanistan and Pakistan. If one can purchase 1 USD for 270 PKR in Afghanistan but can only find 1 USD for 280 PKR in Pakistan, there is an incentive for individuals to smuggle dollars from Pakistan to Afghanistan to take advantage of the better exchange rate. The smuggling of currency can result in a decrease in the supply of dollars in the originating country (Pakistan) and drive up its exchange rate, while increasing the supply of dollars in the destination country (Afghanistan) and lowering its exchange rate.

READ:   Clash at the Crossroads: The Tense Encounter Between Afghanistan and Chitral in the Battle of Birkot

Pages: 1 2 3 4 5 6 7

In this article:, , , , , , , , , ,
Social Hashtags:No tags for this post.
if ( function_exists( 'pgntn_display_pagination' ) ) pgntn_display_pagination( 'multipage' );
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

ICC Cricket Worldcup 2024 USA/West Indies ICC Cricket Worldcup 2024 USA/West Indies

Affiliate

How to Get ICC World Twenty20 Tickets for World Cup Final in Barbados

The world cup is around the corner and almost all the official tickets have been sold out including the Pakistan vs India giant encounter...

May 23, 2024
Stephen Constantine Stephen Constantine

Sports & fitness

Pakistan Football won a FIFA World Cup Round One Qualifying Match

Could Pakistan be the next FIFA world champion? I was to say, that I will be waiting for Pakistan v argentina world cup final...

October 19, 2023
chitrali warfare chitrali warfare

World Politics

Clash at the Crossroads: The Tense Encounter Between Afghanistan and Chitral in the Battle of Birkot

Yet, this did not mark the conclusion. Despite the signing of an armistice, numerous raids persisted and were met with resistance. In the 1930s,...

September 22, 2023
Afghanistan Afghanistan

World Politics

Final Pakistani Solution for Afghanistan

A Vision for a New Nation Proposing a reconfiguration of the region, this perspective advocates for the establishment of autonomous regions based on cultural...

September 16, 2023
sifc sifc

Economy

Special Investment Facilitation Council (SIFC) Faces Backlash Over Asset Sales in Pakistan

As a Committee, we all agreed to make decisions that would benefit our Country as a whole. We promised to take strong action against...

September 15, 2023
Lahore Orange Line Train Lahore Orange Line Train

Public sector

Unveiling Lahore: Orange Line Metro Adventure

Key Takeaways Step-by-Step Process The Orange Line Metro Train in Lahore is a gateway to a hassle-free exploration of this beautiful city. Lahore Adventures...

September 8, 2023
double agent aafia double agent aafia

Opinions

Aafia Siddique the Double Agent

The charges against Dr. Siddiqui stem from an alleged incident the following day, when a group of US army officers and FBI agents arrived...

June 7, 2023
Advertisement




Most Viewed Posts

  1. niche Niche And Event Blogging – Scaling Beyond 10 Lac & Making Money (19,911)
    What do you want to be known for? What could you teach? What can you influence? Or what do you want to influence? What is your area of expertise? What do you know that others in your industry don’t? Identifying your uniqueness and value is easier said than done. For those of you wondering how […]
  2. hope fore semis still alive Can Pakistan still qualify for the Worldcup 2023 semifinals? (13,235)
    Again resorting to ifs and buts, as usual. Certainly, Pakistan still has a chance to qualify for the semifinals. However, it's imperative that they win all the remaining matches decisively to secure their spot. The team must bring out their best performance to outshine their rivals in the upcoming games. Otherwise, to be honest, the […]
  3. syed asim munir ahmad shah [Confirmed] General Asim Munir Shah appointed as the New Army Chief of Pakistan (9,180)
    Shahbaz Sharif was in London for a reason. He has appointed General Asim Munir as COAS. Clearly, General Asim was my favorite candidate for the next Army Chief appointment. This announcement came just in time, as Lieutenant General Syed Asim Munir Ahmed Shah would have been retiring on 22nd November 2022, next to him is […]
  4. Arshad Sharif Journalist Fled Pakistan and Never Came Back (8,791)
    Reader discretion! Arsched Sharif on doubts of mistaken identity was killed with nine bullets by the Kenyan Police as his car breached a security checkpoint. Some say he was neutralized with a sniper by ISI. Whereas, he was compelled to leave UAE on state request and the only visa-free ticket he could avail was of […]
  5. Tim Hortons Tim Hortons The Cheapest Coffee from Canada Now Being Served in Pakistan (8,329)
    Lahoris and Tim Hortons Pakistan made history by setting a new global record for the highest opening day sales in the brand's history since 1964. With over 5,352 restaurants across 15 countries, Tim Hortons has established itself as a household name and a go-to destination for coffee and baked goods. This latest achievement is a […]
  6. punjabi song A list of The Punjabi Tribes (8,316)
    Jatts — Warrior and Farmer in one. Started getting comfortable with farming life around the sixteenth 100 years. Some Jatt families are: Waraich, Sandhu, Dhillon, Bajwa. Cheema and so forth. Some Bhatti, Chinna, Rai, Tiwana, and Uppal are viewed as Jatts. Punjabi Rajputs (Rajay, Ranay, Rai) — Took the Rajput titles, either because of the […]
  7. valentine's day Celebrate Haya Day – Valentine’s day is Haram (8,022)
    In essence, Valentine's Day is not representative of "true love" but rather the affection lacking dedication seen in relationships between partners, partners with others outside of the relationship, and mistresses. This is essentially a manifestation of promiscuity and indulgence in carnal desires, which contributes to immorality. What are you marking this day as? Are you […]