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 inBuisness
SBP Keeps Key Interest Rate at 12%
The State Bank of Pakistanβs (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…