close

Pak food importers at mercy of grey market owing to dollar crunch: Report

This situation has forced the government to immediately allow imports of these foodstuffs from neighbouring countries to bridge the supply and demand gap

Pakistan floods, Floods
Premium

Photo: Reuters

Islamabad
Pakistani importers of food from Afghanistan and Iran have been relying on the grey market to make payments since they are not allowed to buy dollars from banks or exchange

Also Read

1 killed after 6.1-magnitude earthquake shakes parts of Pakistan

Pakistan preps for 'contingency plan' over TTP's potential resurgence

6 security personnel killed, 22 injured in terror attack in Pakistan

Pakistan FinMin warns of default if fuel subsidies not abolished

Pakistan: Frequent terrorist attacks in Peshawar, Khyber districts increase

In a first, EU moves to cut money for Hungary over damaging democracy

Camilla hails Queen Elizabeth, 'solitary woman' in a world dominated by men

Pakistan will 'absolutely not' default on debts despite floods: FinMin

Saudi confirms rollover of $3-bn deposit for a year: State Bank of Pakistan

Fiona becomes a hurricane, aims at Puerto Rico, people brace for rains

First Published: Sep 18 2022 | 10:02 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com