Speech by Governor, State Bank of Pakistan, 10 Jun

SPEECH - In the speech titled 'Is State Bank of Pakistan doing its job?' Husain said since July 2001 Pakistan has been able to maintain stability in its exchange rate. Had the country not developed the cushion of reserves that it has, there was a strong likelihood that the speculative attacks which had characterised all the previous crisis points would have been repeated in the aftermath of September 11.

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Inaugur

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