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The Nexus
BUSINESSJul 26 · 04:32 UTCDAWN[email protected] (Shahid Iqbal)

War dries up unofficial dollar inflows

The Gulf war has disrupted Dubai's informal trading, reducing unaccounted dollar inflows through Pakistan's hundi and hawala networks, which harms small exporters and domestic manufacturers. Crypto investments are now diverting billions from the local market, with dollar outflows reported through illegal channels.

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