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Islamabad MoU Has Made Iranian Rial 100x More Expensive: Malik Bostan
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Islamabad MoU Has Made Iranian Rial 100x More Expensive: Malik Bostan
Demand for Iranian rials has surged sharply in Pakistan following reports of a 60-day Iran–US peace agreement, leading to a 100x jump in open market prices. According to Chairman Exchange Companies Association of Pakistan (ECAP) Malik Bostan, citizens purchased Iranian currency worth around Rs. 3 trillion within just five days, driven mainly by middle-class buyers. Bostan said the increased demand has doubled the value of the rial in the open ma…
·Islamabad, Pakistan
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