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flag Pakistan bans gold and jewelry trade for 60 days to stabilize currency and curb flows to India.

flag Pakistan has imposed a 60-day ban on importing and exporting gold, jewelry, and gemstones, aiming to stabilize its foreign exchange reserves. flag This move also seeks to limit the flow of metals to India, amid tensions between the two nations. flag Previously, Pakistan had offered incentives to jewelry exporters to promote transparency and reduce smuggling. flag The ban suspends a regulatory order from 2013 and is set to provide insights for future reforms in the sector.

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