SBP Maintains Policy Rate at 22% for Fifth Consecutive Time
Karachi, January 29, 2024 – In a highly anticipated decision, the State Bank of Pakistan (SBP) announced on Monday that it will keep the benchmark policy rate unchanged at 22 percent.
Karachi, January 29, 2024 – In a highly anticipated decision, the State Bank of Pakistan (SBP) announced on Monday that it will keep the benchmark policy rate unchanged at 22 percent.
Karachi, January 25, 2024 – Topline Research’s recent poll has revealed a prevailing expectation of a status quo in the benchmark policy rate at 22 percent during the State Bank of Pakistan’s (SBP) Monetary Policy Committee (MPC) meeting scheduled for January 29, 2024.
The State Bank of Pakistan (SBP) has raised its benchmark policy rate by a significant 1400 basis points to 21 per cent over the past 18 months to address the economic challenges being faced by the country.
According to analysts at Arif Habib Limited, the State Bank of Pakistan (SBP) has increased the benchmark policy rate by 100 basis points to a record high of 21%.
State Bank of Pakistan (SBP) on Tuesday issued floor and ceiling rates under the interest rate corridor after the announcement of monetary policy.
State Bank of Pakistan (SBP) may increase the benchmark policy rate by 200 basis points to 22 per cent in monetary policy statement scheduled on April 04, 2023.
KARACHI: Pakistan on Thursday aggressively raised the benchmark interest rate by 300 basis points to 20 per cent.
KARACHI: Pakistan has repaid an amount of $1.8 billion against foreign loans during November 2022, the central bank said in an analyst briefing on Friday. According to Insight Securities (Pvt) Limited, commenting on foreign loan payment, SBP governor highlighted that during the month of November 2022, the central bank had repaid loan of $1.8 billion. […]
KARACHI: State Bank of Pakistan (SBP) on Friday surprised the market with a massive hike in policy rate by 100 basis points to 16 per cent. Analysts at Arif Habib Limited said that in the monetary policy meeting held on November 25, 2022, the SBP hiked the benchmark policy rate by 100 basis points to […]
KARACHI: State Bank of Pakistan (SBP) on Friday raised the benchmark interest rate by 100 basis points to 16 per cent owing to inflationary pressure and risks to financial stability. The SBP said that the monetary policy committee in its meeting on November 25, 2022 decided to raise the policy rate by 100 basis points […]