Monetary Policy

MPC decided to hold the Policy rate steady at 22%

The Monetary Policy Committee (MPC) decided to hold the policy rate steady at 22 percent in its meeting held today. The MPC noted that despite...

Pakistan economy: State Bank of Pakistan to continue with monetary tightening

Although there is a strict prohibition against charging interest, a significant number of Islamic banks still rely on interest-based benchmarks like Karachi Interbank Offered...
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Economy
News Desk

SBP raised the Policy rate by 150BPS to 13.75%

The MPC of the State Bank of Pakistan has decided to raise policy rate by 150bps to 13.75%. This is the highest interest-rate level...
News Desk

SBP raised the Policy rate by 250BPS to 12.25%

In an emergency meeting today, MPC decided to raise policy rate by 250bps to 12.25%. This strong and proactive policy response was necessitated by...
News Desk

SBP maintained the Policy Rate at 9.75%

The MPC decided to maintain policy rate at 9.75%. This reflected view that domestic demand & underlying current acc continue to moderate to a...
News Desk

SBP maintained the Policy Rate at 9.75%

The State Bank of Pakistan has decided to keep the interest rate unchanged at 9.75% for the next two months.
News Desk

MPS: SBP maintained the Policy rate at 7%

At its meeting on 28th May 2021, the Monetary Policy Committee (MPC) decided to maintain the policy rate at 7 percent. Since its last...
News Desk

MPC: Policy rate remains stable at 7%

The Monetary Policy Committee (MPC) decided to maintain the policy rate at 7 percent. The MPC noted that since the last meeting in November,...