SBP Monetary policy 2023 Archives

SBP maintains interest rate at 22pc

Maryam Aziz1 year ago1 year ago05 mins

Karachi, October 30, 2023: The State Bank of Pakistan (SBP) on Monday decided to maintain its benchmark interest rate – the cost of bank lending – at 22 percent. At its meeting today, the SBP’s Monetary Policy Committee (MPC), decided to maintain the policy rate at 22 percent. In a recent meeting, the Monetary Policy…

SBP keeps policy rate unchanged at 22pc as inflation trends downward

Maryam Aziz1 year ago1 year ago07 mins

Karachi, September 14, 2023: The Monetary Policy Committee of State Bank of Pakistan (SBP), in a meeting held on Thursday, decided to keep the policy rate unchanged at 22 percent as latest inflation trends is on declining path since reaching its peak of 38 percent in May to 27.4 percent in August 2023. Despite recent…