KARACHI: Pakistanis travelling outside the country can now take Rs10,000 cash with them, the State Bank of Pakistan (SBP) said on Tuesday.
A similar amount can be brought into the country by travellers, foreign and Pakistani nationals, coming from abroad.
However, the upper limit of $10,000 that can also be taken abroad by a traveller stays the same.
Earlier, Pakistanis could carry a maximum of Rs3,000 per visit to foreign countries, excluding India where the limit was Rs500. Similarly, foreign and Pakistani nationals were allowed to bring a maximum of Rs3,000 into Pakistan with travellers coming from India being allowed a lower limit of Rs500.
The cash carrying limits are meant, interalia, for meeting immediate expenses of international travellers on their return to Pakistan, according to a press release.
The above revision has been undertaken to facilitate travellers and takes into account the increase in the cost of goods and services with the passage of time. The enhancements in the limits of taking out/bringing in Pakistan currency notes would cater to genuine needs of international travellers, the release added.
Published in The Express Tribune, September 6th, 2017.