Containers worth 4 billion dollars are parked at the port: Zafar Pracha

General Secretary Exchange Companies Association of Pakistan Zafar Pracha—File photo

General Secretary Exchange Companies Association of Pakistan Zafar Pracha says that containers worth 4 billion dollars are standing at the port, they should be cleared.

A meeting of Foreign Exchange Companies Association was held in Lahore, in which Zafar Pracha said that when the dollar is sold at 310 rupees in the market, who will come to Interbank?

President of Exchange Companies Association of Pakistan Alauddin Sheikh, Malik Bustan and others expressed concern over the situation of the dollar.

Alauddin Sheikh said that payments should be made by credit cards through exchange companies, not to give cheap dollars from Interbank to those going for sightseeing.

He said that bring dollar amnesty, it can bring 5 to 10 billion dollars in the market immediately, Federal Finance Minister Ishaq Dar should sit with us and make a policy.

Alauddin, president of Foreign Exchange Company, says that the government’s wrong decisions have encouraged Handi Pasha.

Talking on this occasion, Malik Bustan said that even now the smuggling of dollars to Afghanistan is going on.

He demanded the government to immediately implement the suggestions of the Foreign Exchange Companies Association.

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