State Bank moves to curb foreign currency outflow.

The State Bank of Pakistan (SBP) has introduced new regulatory measures to curb the undesirable outflow of foreign currency and to enhance transparency in foreign currency transactions by exchange companies. According to a statement issued by the central bank on Wednesday, people travelling to Afghanistan will be allowed to carry only $1,000 per person per visit with maximum annual limit of $6,000. The central bank directed the exchange companies to sell foreign currency...