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Currency outlook: Will the central bank let the rupee fall again? On July 5, 2017 sanity prevailed and the State Bank of Pakistan (SBP) set the rupee from an artificial trading band through a market-based mechanism. But that sanity was lost in no time as the then finance minister, Ishaq Dar, audaciously compelled the central bank to reverse the move. On Dec 8, sanity ...
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