Posted inBuisness
SBP Cuts Interest Rate to 11%, Surpassing Market Forecasts
KARACHI: The State Bank of Pakistan (SBP) announced on Monday that it had cut its key interest rate by 100 basis points, lowering it to 11%. This move comes as…
Posted inWorld
US Tariffs to Slow India’s GDP Growth, May Lead to Further Rate Cuts
India’s economy is expected to face a slowdown of 20-40 basis points this financial year due to the new US tariffs, which could also lead to additional interest rate cuts…
Posted inBuisness
SBP Keeps Key Interest Rate at 12%
The State Bank of Pakistan’s (SBP) Monetary Policy Committee (MPC) announced on Monday that it has decided to maintain the policy rate at 12%. In its official statement, the MPC…