SBP expects dollar movement to help market imbalances in foreign exchange rates

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The exchange rate in the Inter-bank market closed at Rs146.52 for one US dollar today (Friday) against Wednesday’s close of Rs141.40. Chief Spokesman of the State Bank of Pakistan (SBP) said that the movement is with regards to the change in the demand and supply conditions of the foreign exchange market and that it would help correct market imbalances.

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