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
COAS reaffirms Pakistan’s commitment to Kashmir cause on solidarity day
- 2 hours ago
US sends 104 deported Indian immigrants back via military aircraft
- an hour ago
Zardari, Xi discuss strengthening Pakistan-China ties in Beijing
- 4 hours ago
Hamas rejects Trump’s Gaza occupation proposal, vows to resist
- 3 hours ago
Ronaldo marks 40th birthday, shares views on Messi and his legacy
- 31 minutes ago
CIA sub-inspector killed by Lahore police after fleeing stop attempt
- 2 hours ago
Gold and silver prices surge to unprecedented levels
- an hour ago
Google updates AI principles, drops vows against weapons and surveillance use
- 3 hours ago
PRA intensifies crackdown on non-compliant restaurants in Lahore
- 4 hours ago
Is Love in the air? Mawra Hocane and Ameer Gilani fuel wedding rumors
- 3 hours ago
First case registered under Anti-Rape Act against woman for false allegation
- 17 minutes ago
Australia bans DeepSeek on govt devices over ‘privacy and security’ concerns
- 4 hours ago
You May Like
Trending
