Dollar-rupee parity market-driven: SBP governor

03 Dec, 2011

State Bank of Pakistan Governor Yasin Anwar on Friday said the current dollar-rupee parity is market-driven and the situation will normalise soon. He was talking to reporters at the fifth Pakistan Microfinance Country Forum here. He said the dollar demand increased in the domestic market due to oil payments of $700 million last week. "We have witnessed the same situation in September last year when the dollar price increased to Rs 90," he added.

Read Comments