Pakistan's financing needs fully met for this year, says SBP chief
The statement comes just days after Dr Murtaza Syed, the acting governor of State Bank of Pakistan (SBP), had conveyed a similar position to Bloomberg, saying then that Pakistan remains in a position to meet its elevated funding needs, while the crucial International Monetary Fund (IMF) bailout programme "puts a lot of daylight between Pakistan and more vulnerable countries".
Read the story here: SBP says concerns about Pakistan 'unfairly overblown'
However, fears have risen over Pakistan's stuttering economy that saw its currency fall over 8% against the US dollar in the last trading week, while SBP-held forex reserves stand below $10 billion with inflation at the highest in more than a decade.
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