Forex crunch hits back-to-school shopping
Finance
Business
September 6, 2025
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Otto Carrington
The new school term has opened under the shadow of foreign exchange shortages, with local booksellers warning that limited access to US dollars is leaving families struggling to secure textbooks.
Kelvin Nizam Khan, managing director of Ishmael M Khan & Sons, one of the country’s longest-standing textbook suppliers, said the crunch has left shelves thinner than usual.
Finance
Business
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