Pakistan is considering imposing restrictions on the amount of US dollars that can be carried out of the country by individuals, following record devaluation of rupee.
A special committee formed by Prime Minister of Pakistan Imran Khan to check the rupee devaluation, has been given the task to ascertain whether the provision of carrying $10,000 by anyone who travels abroad from Pakistan can be slashed down to $3,000 as proposed by the Exchange Commission of Pakistan (ECAP).
ECAP president Malik Bostan said that by restricting the amount of cash carried abroad by individuals, $2bn could be injected into the local economy every year.
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