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How does Pak's hundi-hawala network work as it sees downturn amid Iran war?
short by Ashley Paul / on Monday, 27 July, 2026
Pakistan is witnessing a dip in its unaccounted dollar inflows through the hundi-hawala network amid the Iran war, Dawn reported. Instead of moving money internationally via banks, the network uses 'hawaladars' to settle transactions through personal networks and cash, as 'khapiyas' transport goods to Dubai illegally. The war has slashed demand in Gulf countries, in turn weakening the network.
read more at Moneycontrol