By Syed Fazl-e-Haider KARACHI - Government efforts to curb black-market currency dealing in the US dollar may be backfiring. The difference between the unofficial and official exchange rates is widening on strengthening dollar demand after the Pakistan central bank recently made it mandatory for everyone to show their personal identification card for greenback deals. The exchange rate for the rupee crossed the 87 mark against the US dollar in the open market this week, while being traded at 85...
Full Story: Asia Times
