ISLAMABAD: Finance Minister Ishaq Dar said on Saturday that rupee dollar parity will not be allowed to be tampered through illegal and unnatural practices, and discipline will be enforced.

Talking to a delegation of Forex Association of Pakistan led by its Chairman Shaikh Allauddin here, he said crackdown has been launched against illegal money changers and currency and bullion smuggling.

He said that Federal Investigation Agency (FIA), Intelligence Bureau (IB), Custom Intelligence and State Bank of Pakistan (SBP) have been tasked to keep strict vigilance to curb this menace of currency and bullion smuggling. He reiterated that the government is determined to establish writ of the state.

The finance minister maintained that the government would not allow any unscrupulous element to play with destiny of the country. He said these unscrupulous elements should mind that one rupee devaluation cost 57 billion rupees loss to the exchequer which is detrimental to the interest of Pakistan.

The forex dealers appreciated steps taken by the agencies which have resulted in improvement of rupee dollar parity. The forex dealers assured their fullest cooperation to the government.