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Banks' ability to lend restricted: credit to deposit ratio reaches 108.4 percent (Business Recorder)

Story date: 2008-05-31 03:37:10
Added on: 2008-05-31 17:00:20


KARACHI (June 01 2008): Anticipating pressures on the Pak-Rupee, depositors are preferring foreign currency deposits to local currency deposits. According to the State Bank of Pakistan, the currency-wise composition shows a rising contribution of foreign currency deposits in overall deposit growth.


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