SBP increases policy rate by 150 basis points in line with IMF directives
KARACHI: State Bank of Pakistan (SBP) on Monday increased key policy rate by 150 basis points to 12.25 percent, which is inline with the direction of newly agreed loan program with the IMF. The SBP in a statement said that there have been three notable developments since the last Monetary Policy Committee (MPC) meeting in […]
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