The PBC will adjust foreign exchange policy and release effective demand, control the abnormal foreign exchange supply, and create a good economic environment for the performance of new exchange rate regime.
Moreover, the focus of monetary regimes during 1993 to 2004 was on quantity variables like ceilings on SBP NDA and floors on SBP NFA, which is the hallmark of IMF monetary programs. Focus has since then shifted to base money rather than its subcomponents after the successful conclusion of Poverty Reduction Growth Facility (PRGF).