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Article: Rumours of accounts freeze create panic.
- Article from:
- The Nation (Karachi, Pakistan)
- Article date:
- October 8, 2008
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By Our Staff reporters KARACHI/Islamabad, October 8 (THE NATION): Different speculations pertaining to default, freezing of bank accounts and lockers continued to haunt the stock market, currency markets and other businesses and social circles in the country, sparked panic among the people belonging to all walks of life. Seeing a flurry of speculations, the State Bank of Pakistan moved to quell the rumours and maintained that the accounts, lockers and foreign currency of bank customers were safe and no proposal was under consideration to freeze them. The rumours were so strong that the people started calling each other and a large number of panic people even contacted ...