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SBP reserves dip 2.4% to stand at $9bn
The foreign exchange reserves held by the central bank declined 2.4% on a weekly basis, according to data released by the State Bank of Pakistan on Thursday. Earlier, the reserves had spiralled downwards, falling below the $7-billion mark, which raised concern over Pakistan’s ability to meet its financing requirements. However,…
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Click here to read the full story: Daily Times