Karachi, April 16, 2020: In light of this reduction in growth and inflation expectations, the Monetary Policy Committee of the State Bank of Pakistan has decided at its emergency meeting today, to cut the policy rate by a further 200 basis points to 9 percent. At its last meeting on 24 th March 2020, the…
Karachi, September 13, 2019: While most of the analysts are expecting status quo in upcoming monetary policy, analysts at Arif Habib Limited are seeing some 24 basis points cut in interest rate. The State Bank of Pakistan (SBP) is scheduled to announce its monetary policy on September 16, 2019. “We expect the central bank to…
Karachi, November 30, 2018: The State Bank of Pakistan (SBP) on Friday announced to increase the key policy rate by 150 basis points (bps) to 10 percent. The decision was taken in a meeting of Monetary Policy Committee chaired by Tariq Bajaw Governor SBP held at SBP head office Karachi. According to a statement issued…