State Bank Cuts Interest Rate by Another 1%, Now Set at 11%Inflation Declined Rapidly in March and April: State BankKarachi (Web News) The State Bank of Pakistan (SBP) has reduced the policy rate by another 1%, bringing it down to 11%. According to details, the Monetary Policy Committee (MPC) decidedRead More →
ICCI Gives Cautious Welcome to SBP’s Rate Cut, Urges further Reduction to Single Digit ISLAMABAD ( WEB NEWS ) Nasir Mansoor Qureshi, President of the Islamabad Chamber of Commerce and Industry (ICCI), has welcomed the State Bank of Pakistan’s (SBP) decision to cut the policy rate to 11 percent, butRead More →
SBP keeps policy rate unchanged for 7th consecutive session at 22pc KARACHI ( Web News ) The State Bank of Pakistan (SBP) on Monday chose to maintain the status quo by upholding the key policy rate at 22 per cent for the seventh policy meeting in a row. The announcementRead More →
Monetary Policy Committee of SBP decides to raise the policy rate by 150 basis points to 13.75% ISLAMABAD ( Web News ) At Monday’s meeting, the Monetary Policy Committee (MPC) of State Bank of Pakistan (SBP) decided to raise the policy rate by 150 basis points to 13.75 percent. ThisRead More →