SBP keeps interest rate unchanged at 22%
The Monetary Policy Committee (MPC) decided to maintain the policy rate at 22%.
Published a year ago on Sep 14th 2023, 5:32 pm
By Web Desk
Islamabad: The State Bank of Pakistan (SBP) announced maintaining the key policy rate at 22% on Thursday.
According to a statement issued by the central bank, the Monetary Policy Committee (MPC) decided to maintain the policy rate at 22%.
This decision considers the latest inflation outturn reflecting the continuing declining trend in inflation from its peak of 38% in May to 27.4% in August 2023.
1/4 زری پالیسی کمیٹی (ایم پی سی) نے آج کے اجلاس میں پالیسی ریٹ کو 22 فیصد پر برقرار رکھنے کا فیصلہ کیا۔https://t.co/RxsBLHPKLm#SBPMonetaryPolicy pic.twitter.com/jS5EMyPoka
— SBP (@StateBank_Pak) September 14, 2023
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