Downward revision in macro-economic targets: Forex reserves need … - Daily Times

February 28, 2009 · Print This Article

Downward revision in macro-economic targets: Forex reserves need
Daily Times, Pakistan
By Sajid Chaudhry ISLAMABAD: Downward revisions in macro-economic targets would require the government to further increase the foreign exchange reserves agreed with International Monetary Fund. Reduction in discount rate by 200 basis points would be

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