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Pakistan may import about 7 million cotton bales after floods damage crop, stakeholders say

  • Monsoon rains, floods have damaged 223,785 acres of cotton crop in Pakistan’s Punjab, Sindh and Khyber Pakhtunkhwa provinces
  • Analysts say the import of cotton will put pressure on foreign exchange reserves which have stagnated at $14 billion for last three months
By Ismail Dilawar ·