{"id":16771,"date":"2021-11-19T18:45:16","date_gmt":"2021-11-19T18:45:16","guid":{"rendered":"http:\/\/nationaltimes.pk\/eng\/?p=16771"},"modified":"2021-11-19T18:45:16","modified_gmt":"2021-11-19T18:45:16","slug":"exchange-rate-comes-down-to-rs-170-after-news-of-saudi-aid-reza-baqir","status":"publish","type":"post","link":"https:\/\/nationaltimes.pk\/eng\/2021\/16771\/","title":{"rendered":"Exchange rate comes down to Rs 170 after news of Saudi aid: Reza Baqir"},"content":{"rendered":"<p>LAHORE (National Times) \u2013 State Bank of Pakistan (SBP) Governor Dr Reza Baqir said on Friday that with the news of Saudi aid, our exchange rate has come down from Rs 175 to Rs 170 while the exporters have started devaluing the dollar after the exchange rate has come down.<\/p>\n<p>Speaking exclusively in Dunya News program \u201cDunya with Kamran Khan Kay Sath\u201d after the SBP increased the basic interest rate by 1.50 percent, he said that steps are being taken to reduce inflation.<\/p>\n<p>The SBP Governor said that our growth will be 5 percent this year, adding that our economic growth is accelerating, this year the economic growth target has been set at 5%.<\/p>\n<p>&#8220;Inflation is accelerating, our target is steady growth, adding that inflation and current account deficit have increased in the last two months, it was higher than our previous expectations,&#8221; he added.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>LAHORE (National Times) \u2013 State Bank of Pakistan (SBP) Governor Dr Reza Baqir said on Friday that with the news of Saudi aid, our exchange rate has come down from Rs 175 to Rs 170 while the exporters have started devaluing the dollar after the exchange rate has come down. Speaking exclusively in Dunya News [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":16772,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[],"class_list":["post-16771","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-showbiz","entry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Exchange rate comes down to Rs 170 after news of Saudi aid: Reza Baqir - Nation<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nationaltimes.pk\/eng\/2021\/16771\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Exchange rate comes down to Rs 170 after news of Saudi aid: Reza Baqir - Nation\" \/>\n<meta property=\"og:description\" content=\"LAHORE (National Times) \u2013 State Bank of Pakistan (SBP) Governor Dr Reza Baqir said on Friday that with the news of Saudi aid, our exchange rate has come down from Rs 175 to Rs 170 while the exporters have started devaluing the dollar after the exchange rate has come down. 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