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aqib

Aqib Rubab

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Tag: sbp

SBP Bought Over 5 Billion From Interbank to Keep Rupee Stable Against Dollar 2
  • Pakistan

SBP Bought Over $5 Billion From Interbank to Keep Rupee Stable Against Dollar

Aqib Rubab1 year ago1 year ago09 mins

ISLAMABAD: During this fiscal year, the central bank ( SBP) has bought more over $5 billion from the market, setting a record that is larger than the size of the International Monetary Fund (IMF) bailout package and equal to two-thirds of Pakistan’s official foreign exchange holdings. In spite of significant debt repayments, the central bank’s…

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Aqib Rubab

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