Karachi August 3 2022: The International Monetary Fund’s board is expected to approve staff-level agreement with Pakistan in the third week of August, State Bank of Pakistan said in a statement, citing acting Governor Murtaza Syed.
IMF board will meet after vacations in the first half of August are over.
Pakistan’s central bank “believes that rupee is undervalued at the moment and dollar has overshot in the forex market due to several reasons”.
