Tag Archives: More steps in the offing to cool down demand

ISLAMABAD: Insisting that the rupee was currently undervalued, the State Bank of Pakistan (SBP) on Tuesday hinted at taking additional measures to curb demand in the market and inflation. Testifying before the National Assembly’s Standing Committee on Finance and Revenue, SBP’s Deputy Governor Dr Inayat Hussain said the rupee exchange rate had depreciated by 10.3 per cent between July 1 …

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