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