State Bank of Pakistan slashes policy rate by 200 BPS amid falling inflation | The Express Tribune
The State Bank of Pakistan (SBP) reduced its policy rate by 200 basis points to 17.5% on Thursday, as headline and core inflation saw a sharper-than-expected decline over the last two months. The rate cut will be effective from September 13, 2024. The Monetary Policy Committee (MPC) of the SBP attributed this decision to falling […]
SBP cuts interest rate by 100 bps to 19.5% | The Express Tribune
The State Bank of Pakistan (SBP) on Monday announced a one per cent reduction in the interest rate, bringing it down to 19.5 per cent. This was revealed by SBP Governor Jameel Ahmad during a media briefing following the monetary policy meeting. Ahmad stated that inflation is gradually decreasing, and the country’s economy is on […]
SBP hikes interest rate by 150 bps to 8.75%
— AFP/File KARACHI: The State Bank of Pakistan (SBP) on Friday increased its benchmark policy rate by 150 basis points due to risks related to inflation. According to a statement issued by the central bank, it has decided to increase the interest rate to 8.75%. Earlier, the central bank had brought forward its monetary policy […]