State Bank of Pakistan building.  — AFP/File
State Bank of Pakistan building. — AFP/File
  • SBP clarifies that no restrictions have been imposed on the opening of LCs to import crude oil, LNG.
  • “Such information is disseminated with ulterior motives, to create uncertainty,” says SBP.
  • The central bank says all LCs for oil imports will be phased out by their due date.

KARACHI: The State Bank of Pakistan (SBP) declined on Thursday rumours that the government imposes restrictions on the opening of letters of credit (LCs) or contracts for the…



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