SBP rebuffs rumours about restriction on LCs for import of oil, LNG

KARACHI: The State Bank of Pakistan (SBP) has rejected the rumours about the restrictions imposed on the opening of Letters of Credit (LCs) or contracts for the import of crude oil, liquefied natural gas (LNG) and other petroleum products. In a statement, the central bank said it has not placed any restriction on opening of Letters of Credit (LCs) or contracts for import of crude … Continue reading SBP rebuffs rumours about restriction on LCs for import of oil, LNG