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Pakistan Customs inspector arrested for dollar smuggling at Torkham

05:36 PM | 1 Dec, 2023
Pakistan Customs inspector arrested for dollar smuggling at Torkham
Source: Social media

PESHAWAR – The Federal Investigation Agency (FIA) has arrested an official of the Pakistan Customs for his alleged involvement in dollars smuggling at the Torkham border crossing between Pakistan and Afghanistan. 

The FIA team arrested Inspector Wajid Toor for facilitating the smuggling while another suspect named Asfandyar was also nabbed for illegal clearance of dollars at the border. The team has recovered $132,000 from his possession. 

The suspects received Rs50,000 in bribery from the smugglers for clearance of every $100,000. The amount was received in guise of commission. 

The investigation agency has started interrogating the suspects to bust the network involved in the illegal activity. 

The action comes as the government with the support of military launched an operation dollars hoarding and smuggling in Pakistan after the rupee plunged to all-time low level due to shortage of dollars. 

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Pakistani rupee exchange rate against US dollar, Euro, Pound and Riyal - 20 Feb 2024

Pakistani currency remained largely stable against US dollar and other currencies in the open market on February 20, 2024 (Tuesday).

US Dollar rate in Pakistan

In the open market, the US dollar was being quoted at 279.05 for buying and 282.1 for selling.

On Tuesday, Euro stands at 301 for buying and 304 for selling while British Pound rate stands at 352.4 for buying, and 355.4 for selling.

UAE Dirham AED hovers at 76.55 whereas the Saudi Riyal saw slight increase, with new rates at 74.2.

Today’s currency exchange rates in Pakistan - 20 Feb 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 279.05 282.1
Euro EUR 301 304
UK Pound Sterling GBP 352.4 355.4
U.A.E Dirham AED 76.55 77.25
Saudi Riyal SAR 74.2 75
Australian Dollar AUD 180 182
Bahrain Dinar BHD 743.12 751.12
Canadian Dollar CAD 206.5 208.5
China Yuan CNY 38.84 39.24
Danish Krone DKK 40.24 40.64
Hong Kong Dollar HKD 35.74 36.09
Indian Rupee INR 3.48 3.59
Japanese Yen JPY 2.10 2.18
Kuwaiti Dinar KWD 906.33 915.33
Malaysian Ringgit MYR 58.6 59.2
New Zealand Dollar NZD 170.1 172.1
Norwegians Krone NOK 26.43 26.73
Omani Riyal OMR 725.75 733.75
Qatari Riyal QAR 76.76 77.46
Singapore Dollar SGD 207 207
Swedish Korona SEK 26.85 27.15
Swiss Franc CHF 315.64 318.14
Thai Bhat THB 7.93 8.08

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