SBP raised policy rate by 100 basis points to 9.75% in last meeting.
Karachi: The State Bank of Pakistan (SBP) will unveil monetary policy on Monday.
According details, the Monetary Policy Committee (MPC) of SBP will meet on Monday to decide the monetary policy.
In a statement issued on Friday, the central bank said Govenor SBP Dr Reza Baqir is set to brief the media after the MPC meeting.
Analysts expect the central bank to keep the benchmark policy rate unchanged.
Governor SBP Baqir stated that the central bank is taking “a pause to first look at the effects of the tightening” it had done then the bank will “consider what monetary policy settings should be.”
The SBP raised the policy rate by 100 basis points to 9.75% in its last meeting on December 14, 2021, to counter inflationary pressures, address the current account deficit, and ensure that growth remains sustainable.
The central back has hiked interest rates by 275 basis points since September 2021.
11th Colour & Chem Expo 2026 to showcase Pakistan's largest dyes, chemicals industry gathering
- 9 گھنٹے قبل
Health trackers offer a ton of data. Here are the metrics doctors want you to pay attention to
- 20 گھنٹے قبل
Does Kamala Harris really have a shot in 2028?
- 20 گھنٹے قبل
Meta risks $12B EU fine over addictive Instagram and Facebook feeds
- 13 گھنٹے قبل
Is the Iran war back on for real?
- 20 گھنٹے قبل
US military says launched 'wave of strikes' on Iran
- 10 گھنٹے قبل
Petition seeks FIR against JUI's Fazlur Rehman over Army-related speech
- 11 گھنٹے قبل
.jpeg&w=3840&q=75)
IG Punjab honours 7 Sheikhupura police officers for outstanding performance
- 6 گھنٹے قبل
PM is committed to easing access to finance for SMEs: Haroon Akhtar Khan
- 7 گھنٹے قبل
Meta turns off the Instagram feature that users make AI deepfakes of public accounts
- ایک دن قبل
Strikes hit Iran's Gulf island of Qeshm: Iranian state TV
- ایک دن قبل
The real reason Congress keeps getting older
- 20 گھنٹے قبل
