Tag Archives: SBP governor says exchange rate reflects demand-supply gap

ISLAMABAD: Criticising the overvalued domestic currency in the past as taxing exports and subsidising imports, Governor State Bank of Pakistan Reza Baqir on Thursday said the exchange rate policy has now started reflecting the demand-supply gap of foreign exchange inflows and outflows. Read: Forex market: SBP keeping a close eye, will intervene in case of excess volatility, governor says Speaking at …

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