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Tag: key policy rate

SBP holds policy rate at 10.50% amid rising macroeconomic risks

March 9, 2026March 9, 2026Faisal Shahnawaz

KARACHI, March 9, 2026: The State Bank of Pakistan (SBP) on Monday announced that it will keep the benchmark key policy rate unchanged at 10.50%, citing a significant increase in risks to the country’s macroeconomic outlook amid global geopolitical uncertainties.

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SBP report on banking sector

Survey shows market unanimous on status quo for SBP policy rate

March 6, 2026March 6, 2026Faisal Shahnawaz

Karachi, March 6, 2026: A recent survey conducted by Topline Securities Limited reveals that the majority of market participants expect the State Bank of Pakistan (SBP) to maintain its policy rate in the upcoming Monetary Policy Committee (MPC) meeting on March 9, 2026.

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SBP report on banking sector

Rising inflation pushes SBP to maintain policy rate at 11%

October 27, 2025October 27, 2025Faisal Shahnawaz

Karachi, October 27, 2025 – The State Bank of Pakistan (SBP) has decided to keep the benchmark policy rate unchanged at 11 percent during its Monetary Policy Committee (MPC) meeting held on Monday. The decision reflects the central bank’s cautious stance amid rising inflation and global economic uncertainties.

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SBP cuts benchmark rate to 11%, surpassing market consensus

May 5, 2025May 5, 2025Shahnawaz Akhter

Karachi, May 5, 2025 — In a move that exceeded market forecasts, the State Bank of Pakistan (SBP) announced a 100 basis point reduction in its benchmark policy rate, bringing it down to 11%, effective May 6, 2025.

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State Bank of Pakistan 04

SBP Maintains Policy Rate at 22% for Fifth Consecutive Time

January 29, 2024January 29, 2024Shahnawaz Akhter

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.

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State Bank of Pakistan Report

Anticipation of Stable 22% Policy Rate at Upcoming SBP Meeting

January 25, 2024January 25, 2024Faisal Shahnawaz

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.

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SBP governor Jameel Ahmad

Pakistan raises benchmark rate to 21% to tackle economic challenges: SBP

April 14, 2023April 14, 2023Faisal Shahnawaz

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.

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State Bank of Pakistan 04

SBP tightens monetary policy to record high rate at 21%: analysts

April 5, 2023April 5, 2023Hamza Shahnawaz

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%.

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State Bank of Pakistan Image

State Bank issues floor, ceiling rates under interest rate corridor

April 4, 2023April 4, 2023Faisal Shahnawaz

State Bank of Pakistan (SBP) on Tuesday issued floor and ceiling rates under the interest rate corridor after the announcement of monetary policy.

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State Bank of Pakistan Image

SBP may increase policy rate by another 200 bps to 22%: Poll

March 29, 2023March 29, 2023Faisal Shahnawaz

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.

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