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Tag Archives: Demand for riyal surges amid rush for Umrah

Demand for riyal surges amid rush for Umrah


April 9, 2023

KARACHI: Contrary to a general perception of a severe shortage of foreign exchange, Pakistanis in unprecedented numbers are leaving for Saudi Arabia to perform Umrah despite a massive surge in its cost. Since Pakistan has been facing a serious shortage of foreign exchange, it was expected that Pakistanis may not go in large numbers this year even when the Umrah …

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