Interest rate has been settled at 11 percent

Published 4 گھنٹے قبل on مئی 5 2025، 4:12 شام
By Web Desk

(Web Desk): The State Bank of Pakistan (SBP) has cut its key interest rate by 100 basis points, bringing it down to 11%.
The new rate will take effect from May 6, 2025.
According to the Monetary Policy Committee, the decision was made due to a sharp fall in inflation during March and April.
This drop was mainly caused by lower government-set electricity prices and falling food prices. The committee also said that core inflation dropped in April, helped by a favorable base effect and moderate demand in the economy.
New York Times hails Pakistan Army Chief’s strategic, ideological leadership
- an hour ago
Pakistan invites UK to join international probe into Pahalgam incident
- 2 hours ago
Any attack on national sovereignty will be met with a strong response: Army Chief
- 2 hours ago

Earthquake tremors felt in Swat, surroundings
- 6 hours ago

Gold prices climb sharply in global, Pakistani markets
- 3 hours ago

3 military officers retired without pension for negligence in Jinnah House attack: AGP
- 4 hours ago

Blackout rehearsal, hooters sounded in Ferozepur of Indian Punjab
- 6 hours ago
PRA achieves record Rs23.7bn tax collection in April
- 2 hours ago

WiZ’s new TV light sync box undercuts Philips Hue’s pricing by half
- 6 hours ago
Six girls, including four sisters, die in wheat storage box in Sargodha
- 3 hours ago
Microsoft shuts down Skype after 22 years
- 4 hours ago

Plastic bags completely banned in Sindh from June 15
- 5 hours ago
You May Like
Trending