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.

Run at history: Kipyegon eyes historic sub-4 mile
- 7 hours ago

Will the next pope be liberal or conservative? Neither.
- 8 hours ago

Pinterest is prompting teens to close the app at school
- 10 hours ago

Approval to operate ‘Air Punjab’, bullet train projects
- 9 hours ago
If India is expelling Pakistanis, why not Adnan Sami, Fawad Ch questions
- 9 hours ago

At least four killed, 500 injured in Iran port explosion: state media
- 9 hours ago

Magnitudes of 4.9, 5 earthquake jolt Balochistan's Zhob, KP's Swat
- 8 hours ago

Karachi Inter exams scheduled on April 28 postponed
- 10 hours ago
Allama Iqbal Express carriages derail in Kotri
- 7 hours ago

CJCSC, SCO's Exec Director discuss regional security, counter-terrorism
- 5 hours ago

Bethesda confirms Oblivion remaster’s imminent reveal
- 10 hours ago

T-Mobile is shuffling its high-end plans
- 10 hours ago