Financial regulation carries far greater complexity and consequence than regulatory frameworks in most other sectors as it not only protects individual customers but also safeguards systemic stability, stated Reserve Bank of India (RBI) Governor Sanjay Malhotra.
Karachi [Pakistan], November 13 (ANI): Pakistani currency has dropped at its record low against the US dollar due to Rs 1.81 decline in the inter-bank market during intra-day trading, with the exchange rate sliding to Rs 175.73, local media reported on Friday.
Islamabad [Pakistan], October 18 (ANI): Pakistani rupee hit an all-time low against the US dollar as the latter continued to soar during intra-day trading in the inter-bank market on Monday, reported local media.
Islamabad [Pakistan], September 15 (ANI): The State Bank of Pakistan (SBP) has injected nearly USD1.2 billion into the inter-bank market in three months to defend the weakening rupee, local media reported on Wednesday.