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Tag: policy rate

SBP Maintains Policy Rate at 7%, Reza Baqir says MPC Estimates Inflation at 7-9%

Business Feature Writer
The State Bank of Pakistan (SBP) has decided to maintain the policy rate at 7%, Governor Dr Reza Baqir announced on Thursday, adding that the Monetary Policy Committee (MPC) has forecast the inflation to...

SBP keeps key Policy Rate Unchanged at 7 Percent

Business Feature Writer
The monetary policy committee of the State Bank of Pakistan has decided to keep the key policy rate unchanged at 7 percent for next two months. In an announcement on Monday, the MPC...

SBP Cuts Policy Rate by 100 Basis Points to Bring Interest Rate to 7%

Business Feature Writer
The State Bank of Pakistan announced it had slashed the policy rate by 100 basis points to bring the interest rate to 7%. According to a tweet by the SBP's official Twitter account,...

SBP Cuts Policy Rate by 150 Basis Points to 11 Percent Dur to Coronavirus

Business Feature Writer
On Thursday, the State Bank of Pakistan (SBP) reported that its policy rate would decrease by 150 basis points to 11%. With significant economic downturn as a result of a large degree of...

Breaking News:State Bank Pakistan Keeps Policy Rate Unchanged at 13.25 Percent

Business Feature Writer
At its meeting held on 28 January 2020 in Karachi, the Monetary Politics Committee (MPC) of the State Bank of Pakistan (SBP) agreed that the policy rate would remain at 13.25%. The Governor...
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