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Tag: key policy rate

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Poll sees no policy rate change in August 22, 2022 meeting

August 21, 2022August 22, 2022Faisal Shahnawaz

KARACHI: The State Bank of Pakistan (SBP) is likely to keep key policy rate unchanged at 15 per cent in a meeting scheduled on Monday, August 22, 2022. According to analysts majority of market participants are expecting no change in policy rate. READ MORE: Pakistan hikes key policy rate by 125 basis points to 15% […]

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Inflation

High inflation may force further monetary tightening

August 2, 2022February 14, 2024Faisal Shahnawaz

The relentless surge in inflationary pressures may prompt the State Bank of Pakistan (SBP) to consider additional measures to tighten the monetary stance, as the central bank has already elevated the policy rate to 15 percent.

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Pakistan hikes key policy rate by 125 basis points to 15%

July 7, 2022July 9, 2022Faisal Shahnawaz

KARACHI: The central bank of Pakistan on Thursday announced to hike policy rate by 125 basis points to 15 per cent from 13.75 per cent. The SBP in a statement said that at today’s (July 07, 2022) meeting, the Monetary Policy Committee (MPC) decided to raise the policy rate by 125 basis points to 15 […]

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State Bank of Pakistan Image

SBP increases interest rate by 150bps to 13.75%

May 23, 2022May 23, 2022Faisal Shahnawaz

KARACHI: The State Bank of Pakistan (SBP) on Monday raised the benchmark interest rate by 150 basis points to 13.75 per cent from 12.25 per cent following the announcement made by the Monetary Policy Committee (MPC). The SBP said that in today’s meeting, the Monetary Policy Committee (MPC) decided to raise the policy rate by […]

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SBP may increase key policy rate by 100bps: poll

May 22, 2022May 22, 2022Faisal Shahnawaz

KARACHI: The State Bank of Pakistan (SBP) may increase key policy rate by 100 basis points in the upcoming monetary policy announcement (MPS) on May 23, 2022. Topline Research conducted a poll from leading fund managers to assess their views on country’s economic outlook. Questions were asked on interest rate, inflation, currency, GDP growth and […]

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Policy rate may rise as T-Bill yields increase sharply

April 6, 2022April 7, 2022Faisal Shahnawaz

KARACHI: The cut-off yield of treasury bills (T-Bills) increased sharply in an auction held on Wednesday indicating an expected rise in policy rate in upcoming monetary policy announcement scheduled for April 19, 2022. “In today’s [April 06, 2022] treasury bills auction, cut-off yields increased by 60 – 80 basis points,” according to analysts at Topline […]

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State Bank of Pakistan Image

SBP decides to keep policy rate unchanged at 9.75%

March 8, 2022March 8, 2022Hamza Shahnawaz

KARACHI: The State Bank of Pakistan (SBP) on Tuesday decided to keep policy rate unchanged at 9.75 per cent for the next two months. The State Bank said that the decision reflected the outlook for inflation has improved following the cuts in fuel prices and electricity tariffs announced last week as part of the government’s […]

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port activity

SITE Association demands reversing policy rate at 7%

December 16, 2021December 16, 2021Faisal Shahnawaz

KARACHI: Site Association of Industries (SAI) has demanded the State Bank of Pakistan (SBP) to immediately withdraw the increase in policy rate and bring it back at 7 per cent. In a statement issued on Thursday, SAI President Abdul Rasheed rejected further 100 basis points rise in interest rates calling for its immediate reversal especially […]

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State Bank of Pakistan

SBP likely keep policy rate unchanged at 7 percent: market poll

January 20, 2021January 20, 2021Mrs. Anjum Shahnawaz

KARACHI: The financial market is expecting that the central bank may keep policy rate unchanged at 7 percent in its monetary policy announcement scheduled for January 22, 2021. According to a poll conducted by Topline Securities, about 75 percent of financial market participants are expecting the State Bank of Pakistan (SBP) would keep the policy […]

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State Bank of Pakistan

SBP to review 7pc policy rate on January 22

January 19, 2021January 19, 2021Mrs. Anjum Shahnawaz

KARACHI: The State Bank of Pakistan (SBP) on Tuesday said that it will review the existing key policy rate at 7 percent on January 22, 2021. The SBP said that the Monetary Policy Committee of the SBP will on Friday, January 22, 2021 at SBP Karachi to decide about Monetary Policy. Governor State Bank of […]

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