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Pakistan appoints ex-IMF official as new Sbp governor.
Pak appoints ex-IMF official as new Sbp governor.
Dear candidates, here Sbp would like to inform you the most recently declared SSC Delhi Police.
The State Bank of Pakistan(Sbp) said that all arrangements for using the Chinese
currency for trade and investment were already in place.
The State Bank of Pakistan(Sbp) has said all arrangements for using
the Chinese currency for trade and investment are already in place.
Earlier this week, the Sbp reported that official foreign currency reserves
had fallen to $9 billion for the period ending July 20.
The State Bank of Pakistan(Sbp) has announced that all arrangements for using
the Chinese currency for trade and investment are already in place.
Moreover, the State Bank of Pakistan(Sbp) said the estimates showed in the WB
report were based on"assumptions" which did not reflect the reality.
The State Bank of Pakistan(Sbp) said on Monday that all arrangements for using
the Chinese currency for trade and investment were already in place.
During the week ending 17 August 2018, Sbp's reserves increased by $82 million to $10,235 million,
while the country's forex reserves increased by $10 million.
The Sbp let the rupee depreciate significantly in the inter-bank market
after finalising an agreement with the International Monetary Fund(IMF) for a loan programme on May 12.
In addition, in the money market, the State Bank of Pakistan(Sbp) conducted an open market operation
in which it injected 1.21 billion rupees for 7 days at 13.32%.
The government signed a similar deal of $3bn with Saudi Arabia earlier and
the kingdom has so far placed $2bn in the Sbp account whereas the last tranche of $1bn is expected in February.
The government signed a similar deal of $3 billion with Saudi Arabia earlier and
the kingdom has so far placed $2 billion in the Sbp account whereas the last tranche of $1 billion
is expected in February,