Karachi, July 16, 2019: The Monetary Policy Committee (MPC) decided to raise the policy rate by 100 bps to 13.25 percent with effect from 17th July 2019. The decision takes into account upside inflationary pressures from exchange rate depreciation since the last MPC meeting on 20th May 2019 and the likely increase in near term…
Karachi, July 12, 2019: The Monetary Policy Committee of State Bank of Pakistan (SBP) will meet next week on Tuesday, July 16, 2019, at SBP Head Office Karachi to decide about monetary policy rate for the next two months. Governor SBP, Dr Reza Baqir, will unveil the decision of the MPC at a press conference…
Karachi, May 20, 2019: The State Bank of Pakistan has announced to increase the policy rate by 150 basis points to address the microeconomic issues. According to SBP announcement, Policy rate decision taking into account the current considerations and the evolving macroeconomic situation, the Monetary Policy Committee noted that further policy measures are required to address…