Staff Report
ISLAMABAD: Commercial banks in Pakistan are set to start to settle international payments through open market.
For over the last week, banks sent messages to a number of their depositors and account holders, informing them about the new decision.
Difference between interbank, grey market dollar -rates
Currently, the difference between interbank and grey market rate of dollar is around 38 rupees. Interbank rate of the US dollar is around 227 while it is being traded at Rs265 in the grey market.
