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Tag: Destablilisation of exchange rate

Forex reserves
Business
  • Web Desk Karachi
  • Feb 19, 2025
Pakistan’s current account balances slip into deficit, threatens exchange rate stability

Over the first four months of FY25 (July to October), the SBP purchased $3.8 billion from commercial banks. However, in a recent eight-week period from December 13 to February 7, the central bank’s reserves decreased by $1 billion.

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