Published on, Sept. 16 -- September 16, 2025 11:48 AM

The ongoing floods of 2025 have exacerbated dollar shortage in Pakistan, intensifying concerns over hoarding of the greenback, foreign exchange dealers told Bloomberg.

As per the report, US dollars are not available at exchange outlets as "many branches and banks have suspended operations after being submerged," due to floods, said Saleem Amjad, chief executive officer at Link International Exchange Co., one of Pakistan's largest foreign exchange companies.

Bloomberg said that a prolonged US dollar shortage can halt a rally in the Pakistani rupee. "Dollar scarcity builds pressure on the local currency as importers and investors aggressively try to secure the greenback."

"The shorta...