The Federal Investigation Agency (FIA) has intensified its crackdown on illegal currency dealers in a bid to control the rising value of the dollar and the devaluation of the Pakistani rupee. Since January this year, the FIA has conducted 257 raids and arrested 361 suspects across the country. The agency has also seized a total of 478,620 US dollars and other foreign currency worth 177 million rupees.
In the past two weeks, the FIA has conducted 48 raids and arrested 59 suspects. The agency has also seized 1 lakh 6 thousand 800 US dollars and other foreign currency worth more than 20 million rupees. FIA officials said that special raiding teams have been formed across the country to crack down on illegal currency dealers. The officials said that those involved in the smuggling of foreign currency will be punished to the fullest extent of the law.
The FIA has also seized the data of the dealers involved in the illegal exchange and is using all resources to arrest the accused. The agency is also seeking intelligence-based assistance from other institutions in the operations. The crackdown on illegal currency dealers is part of the government’s efforts to stabilize the economy and control the rising value of the dollar. The government has also taken other measures, such as raising interest rates and imposing import restrictions, to achieve this goal.
The FIA’s crackdown has been welcomed by the business community, which has said that it will help to restore confidence in the economy. The business community has also urged the government to take further measures to stabilize the economy. On the other hand a massive crackdown has been launched by the Caretaker Government to combat the alarming surge in power theft and to take stern actions against the culprits involved.
