Economists stated that interest rates are likely to increase by one to two percent.
Karachi: State Bank of Pakistan (SBP) will announce the monetary policy today (Thursday).
According to details, a meeting of the Monetary Policy Committee will be held under the chairmanship of Governor State Bank in which the economic situation of the country will be reviewed and a decision will be taken regarding the change in the interest rate.
According to the central bank, the monetary policy committee of bank will announce the change in interest rate after the meeting. Currently the base interest rate is 22 percent.
Economists stated that interest rates are likely to increase by one to two percent.
It is pertinent to note that State Bank had decided to increase the interest rate by 100 basis points i.e. 1% on June 26, after which the base interest rate became 22 percent.
The real reason Americans hate the economy so much
- 19 گھنٹے قبل
Iran has 'no trust' in US, will negotiate only if it is serious, Araqchi says
- 8 گھنٹے قبل
Punjab relaxes business hour restriction of 8pm until June 1
- 5 گھنٹے قبل
African nationals linked to Pinky’s drug network, her own brand name will be her downfall: Karachi police chief
- 9 گھنٹے قبل
Trump concludes visit to China, says made 'fantastic trade deals' with Xi
- 10 گھنٹے قبل
The Supreme Court abortion pills case, explained
- 19 گھنٹے قبل
Gold prices record visible decline in Pakistan, global markets
- 10 گھنٹے قبل
Emotional Vin Diesel leads 'Fast and Furious' tribute in Cannes
- 10 گھنٹے قبل
Pakistan repatriates its 11 nationals from US-seized vessels
- 5 گھنٹے قبل
Security forces kill nine terrorists in attack on army camp in Bajur; four security personnel martyred: sources
- 10 گھنٹے قبل
Hantavirus outbreak tests post-Covid health communications playbook
- 5 گھنٹے قبل
Aurangzeb terms Panda Bond issuance historic milestone
- 5 گھنٹے قبل
