WhatsApp Group Reveals Europe-Wide Hawala Cash Network
A cross-border investigation found that 532 brokers used a WhatsApp group to coordinate hundreds of millions of euros in hawala transfers.
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Small exporters, manufacturers inflows through hundi, hawala shrink
Pakistan’s informal foreign-exchange market is under fresh pressure as war-related disruption and a shift of funds into crypto-linked investments reduce the flow of dollars into the country, according to Dawn. The…
Interbank vs Open Market: Why Pakistan Has Two Dollar Rates
Pakistan quotes two prices for the same dollar, and the distance between them has done more damage to the country’s external position over the past four years than almost any other single number.
War dries up unofficial dollar inflows
Pakistan’s informal foreign-exchange market is under fresh pressure as war-related disruption and a shift of funds into crypto-linked investments reduce the flow of dollars into the country, according to Dawn. The…