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Pakistan picks central bank veteran Jameel Ahmad as new governor

FILE PHOTO: The logo of the State Bank of Pakistan (SBP) is pictured on a reception desk at the head office in Karachi, Pakistan July 16, 2019. REUTERS/Akhtar Soomro/File Photo

Pakistan named Jameel Ahmad, a deputy governor of the State Bank of Pakistan (SBP), as the central bank's new governor on Friday, appointing him for a five-year term.

The Pakistani central bank had been without a full-time governor since May and one of Ahmad's first tasks will be to chair a monetary policy meeting to consider its policy rate.

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