LCCI asks central bank to intervene to stop rupee depreciation

LAHORE: The Lahore Chamber of Commerce & Industry (LCCI) has urged the State Bank of Pakistan to intervene for controlling depreciation of the local currency. “Inter-bank US dollar exchange rate is on the rise. The SBP should intervene for averting economic crisis. Rupee devaluation would be the last straw that breaks the camel’s back”, LCCI president Mian Nauman Kabir said

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