SBP
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SBP denies holding emergency MPC meeting
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[ad_1] An undated image of the State Bank of Pakistan (SBP) building. — AFP The State Bank of Pakistan (SBP) on Friday rejected the reports of holding an emergency meeting of the Monetary Policy Committee (MPC) amid the continuing decline…
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SBP to remain closed on August 14
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[ad_1] An undated image of the State Bank of Pakistan building in Karachi. — AFP KARACHI: On the occasion of Independence Day, the State Bank of Pakistan (SBP) said it would remain closed on August 14 (Monday). In line with…
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SBP maintains record high policy rate | The Express Tribune
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[ad_1] KARACHI: The State Bank of Pakistan (SBP) has announced its decision to keep the benchmark policy rate unchanged at a record high of 22% for the next six weeks, as it projects a moderate economic growth range of 2-3%…
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SBP maintains interest rate at 22%
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[ad_1] SBP Governor Jameel Ahmed is addressing the media following the MPC meeting in this still taken from a video on July 31, 2023. — YouTube/GeoNews Against the expectations of analysts, the central bank on Monday decided to keep the…
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SBP keeps key policy rate unchanged at 22% | The Express Tribune
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[ad_1] KARACHI: The central bank on Monday announced that the key policy rate – the cost of banks’ lending – would remain unchanged at 22 per cent. Notably, in its first meeting after a new loan programme by the IMF, the…
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SBP reserves shoot past $8 billion mark after nine months
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[ad_1] A currency exchange dealer counts $100 bills in this undated picture. — AFP/File The State Bank of Pakistan (SBP) held reserves shot past the $8 billion mark on Thursday after a gap of nine months as Pakistan received inflows…
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SBP chief against imposition of Islamic banking | The Express Tribune
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[ad_1] KARACHI: State Bank of Pakistan Governor Jameel Ahmad on Tuesday said that the principles of Shariah would not be forcibly applied to the country’s banking system. He added that the business interests of banks would also be taken into…
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SBP increases interest rate to record high in emergency huddle
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[ad_1] An undated picture of the State Bank of Pakistan’s building. — AFP/File The State Bank of Pakistan’s (SBP) Monetary Policy Committee (MPC) on Monday raised the policy rate by 100bps to a record high of 22% in an emergency…
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SBP hikes key policy rate by 100 basis points to 22% | The Express Tribune
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[ad_1] KARACHI: Fulfilling another demand of the International Monetary Fund (IMF) to revive its loan programme, Pakistan’s central bank jacked up its key policy rate by 100 basis points to a new record high at 22 per cent in an…
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SBP maintains interest rate at 21%
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[ad_1] An undated image of the State Bank of Pakistan building in Karachi. — AFP The State Bank of Pakistan’s (SBP) Monetary Policy Committee (MPC) decided against increasing the interest rate as it “views inflation to have peaked at 38%…
