The purchase of $ 8 billion makes the rupee weak: SBP
Islamabad: The central bank admitted Tuesday that its purchases of nearly $ 8 billion in US dollars maintained the local currency small, but added that a stronger rupe would make imports cheaper and could in turn exert pressure on the outside sector. The acting vice-government of the State Bank of Pakistan (SBP), Dr. Inayat Hussain, […]
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