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Pakistan bans gold and jewelry trade for 60 days to stabilize currency and curb flows to India.
Pakistan has imposed a 60-day ban on importing and exporting gold, jewelry, and gemstones, aiming to stabilize its foreign exchange reserves.
This move also seeks to limit the flow of metals to India, amid tensions between the two nations.
Previously, Pakistan had offered incentives to jewelry exporters to promote transparency and reduce smuggling.
The ban suspends a regulatory order from 2013 and is set to provide insights for future reforms in the sector.
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Pakistán prohíbe el comercio de oro y joyas por 60 días para estabilizar la moneda y frenar los flujos hacia la India.