Tightening to continue with 100bps hike expected
Karachi, July 15, 2019: The State Bank of Pakistan (SBP) is scheduled to announce its monetary policy on Tuesday, July 16, 2019. Arif Habib Research is expecting the central bank to increase its policy rate by 100bps to 13.25 percent. The primary reason for this increase in the policy rate, in our view, is to…