Rupee devaluation not Linked with IMF, says SBP

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Governor State Bank Yaseen Anwar has dispelled the impression that rupee devaluation has anything to do with agreement reached with IMF.

Talking to media here on Thursday, he said the government had received first tranche of loan from IMF, and situation at stock market would be stabilized soon.

He further said government had nothing to do with the devaluation of Rupee against Dollar.

1 COMMENT

  1. Mr. Yaseen Anwar, if the rupee devaluation has nothing to do with the agreement with the IMF, would you please care to tell us why it has fallen from 60 to 108 in 5 years ?

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