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The dollar can now be bought for Rs157.95 in the open market as the greenback rate has dropped to a one-year low. The last time dollar was traded below Rs158 was on March 10 last year.    “The State Bank took several initiatives such as Roshan Digital Accounts last year during the pandemic,” said Zafar Paracha, the secretary of the Exchange Companies Association of Pakistan. “The dropping rate shows those initiatives have been bearing fruits.”        He added that the inward remittances, the foreign exchange overseas Pakistanis send back to the country, have been strong. The remittances in the first seven months of the fiscal year 2021 (July to January) stood at $16.5 bill.

Saad hashmiZafar parachaFinancial action taskExchange companies association of pakistanState bankRoshan digital accountsExchange companies associationNaya pakistan certificateFinancial action task forceExecutive director saad hashmiஸாட் ஹாஷ்மிநிதி நடவடிக்கை பணிபரிமாற்றம் நிறுவனங்கள் சங்கம் ஆஃப் பாக்கிஸ்தான்நிலை வங்கிரோஷன் டிஜிட்டல் கணக்குகள்பரிமாற்றம் நிறுவனங்கள் சங்கம்