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Private Banks – Fluctuations in dollar value: Private banks took advantage of the opportunity and made a profit of Rs 56 billion. Janat News

Janat News

Islamabad- During the last few months, the private banks benefited a lot due to the increase in the value of the dollar, during which the private banks earned a profit of 56 billion rupees.

According to details, sources in the Finance Ministry say that the rupee has been depreciating against the dollar for some time now and private banks are taking advantage of the opportunity.

It has been learned from the sources that due to the fluctuation of the dollar, the private banks have made a profit of 56 billion rupees.

Sources say that the State Bank has decided to investigate the private banks regarding the increase in the value of the dollar.

The State Bank has also issued notices to 8 private banks, the investigation report of the State Bank will be completed soon, the investigation report will be submitted to Finance Minister Ishaq Dar.

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