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New currency demand drives black market sales

As eid approaches, a different kind of market becomes relevant.

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Business Desk

The Business Desk tracks economic trends, market movements, and business developments, offering analysis of both local and global financial news.

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As Eid approaches, fresh currency notes are being sold in black markets at shocking prices.

Despite the State Bank issuing Rs 27 billion worth of new currency through 1,700 bank branches, citizens are still turning to sellers in places like Karachi’s Bolton Market.

Nukta Correspondent Sheraz Ahmed breaks down what is happening.

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