IGI Securities Limited – Investor Kit

Karachi, May 17, 2019 (PPI-OT): Top News

SBP justifies devaluation: The State Bank of Pakistan (SBP) on Thursday justified the Pak Rupee devaluation against the US dollar in interbank market and said this movement will help correct the market imbalances. According to Chief Spokesman for State Bank, the exchange rate in the interbank market closed today at Rs 146.52 per US dollar compared to yesterday”s close of Rs 141.40 per US dollar. https://fp.brecorder.com/2019/05/20190517475905/

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