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ZODIAC

  1. Market talk suggests policy rate will remain unchanged at 15%; SBP had increased policy rate by 800bps since Sept 2021
  2. Islamabad trying for $4b inflows from friendly countries like Saudi Arabia, UAE and Qatar, says SBP acting governor
  3. SBP's acting governor Murtaza Syed says "unwarranted" market concerns about its financial position will dissipate in weeks
  4. "Chinese consortium loan of $2.3bn credited into SBP account, increasing country's foreign exchange reserves," says finance minister
  5. The APCC is scheduled to meet on June 4, 2022, and NEC on June 7, 2022, for finalising national development outlay, macroeconomic figures
  6. Talks may continue beyond May 25 for a few more days, but IMF will hopefully see a positive statement from Fund, says SBP official
  7. Pakistan's central bank has cumulatively increased policy rate by 525 basis points since September 2021
  8. Dr Murtaza Syed has more than 20 years of experience in macroeconomic research and policymaking
  9. SBP, all other banks will observe office hours from 9am to 6pm on Friday (tomorrow)
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