Earlier, central bank slashed its policy rate by 1,000bps from 22pc since June 2024 in six intervals
Published 3 hours ago on Mar 10th 2025, 4:15 pm
By Web Desk
Karachi: In what appeared to be an unexpected move, the State Bank of Pakistan (SBP) has announced that it will maintain the key policy rate at 12 percent.
“At its meeting today, the Monetary Policy Committee (MPC) decided to keep the policy rate unchanged at 12 percent,” read the MPS.
“The committee noted that inflation in February 2025 turned out lower than expected, mainly due to a drop in food and energy prices.
Earlier, the central bank slashed its policy rate by 1,000bps from 22pc since June 2024 in six intervals.
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