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Pakistan central bank head says $25 mn cash smuggled out daily

The head of Pakistan's central bank has told legislators he believes USD 25 million in cash is being smuggled out through the country's airports every day, a senator said on Wednesday.

Pak trade deficit drops 12% to $11.61 bn in Jul-Jan

Pakistan's central bank on Friday said the country's trade deficit has fallen 12 percent to USD 11.61 billion in the first seven months ending January of the current fiscal.