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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.
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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...
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