Karachi, March 12, 2024 – Analysts at Arif Habib Limited have suggested that the State Bank of Pakistan (SBP) is likely to implement a 100 basis points cut in the benchmark policy rate in the upcoming Monetary Policy Statement (MPS), reducing it to 21 percent from the existing 22 percent.
(more…)Money and banking drive economic activity by facilitating transactions, savings, and investments. Banks manage financial resources, offer credit, and regulate money supply, ensuring stability and growth in Pakistan’s financial sector.
