January 22, 2022

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Pakistan Revenue

Tag: Monetary Policy

Employers criticize increase in key policy rate
Dec 16
Trade & Industry

Employers criticize increase in key policy rate

KARACHI: President Employers’ Federation of Pakistan (EFP), Ismail Suttar was completely perplexed by the central bank’s actions towards the recent inflation rates. He affirmed that the State Bank’s action to run riot in increasing the level of already augmented interest rates proves that there is an absolute uncertainty about the correlation between inflation and interest […]

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Stocks end up 370 points in late hours buying
Dec 14
Stock & Commodity

Stocks end up 370 points in late hours buying

KARACHI: Stocks ended up by 370 points on Tuesday owing to late hours buying before the closing. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) ended at 43.247 points from the previous day’s closing of 42,876 points. Analysts at Topline Securities said that it was a lacklustre day at PSX today where KSE-100 Index […]

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SBP issues clarification on monetary policy decision State Bank of Pakistan
Nov 29
Money & Banking

SBP issues clarification on monetary policy decision

KARACHI: The State Bank of Pakistan (SBP) on Monday issued a clarification on media reports regarding the monetary policy decisions. The SBP said that over the past few weeks, certain sections of the media including op-eds have expressed concerns over the actions of the SBP, particularly with regard to monetary policy decisions and the role […]

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State Bank enhances frequency of MP reviews to eight State Bank of Pakistan
Nov 19
Money & Banking

State Bank enhances frequency of MP reviews to eight

KARACHI: State Bank of Pakistan (SBP) on Friday decided to increase the frequency of monetary policy reviews to eight in a year instead of the existing six reviews. In continuation of efforts to make the process of monetary policy formulation more predictable and transparent in line with international best practices, the SBP decided to increase […]

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SBP decides early announcement of monetary policy State Bank of Pakistan
Nov 16
Money & Banking

SBP decides early announcement of monetary policy

KARACHI: The State Bank of Pakistan (SBP) has decided to announce monetary policy on November 19, 2021 instead of the scheduled announcement on November 26, 2021. In a statement on Tuesday, the SBP said that the Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) has decided to bring forward its next meeting […]

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FPCCI recommends cut in key policy rate by 100bps
Sep 13
Trade & Industry

FPCCI recommends cut in key policy rate by 100bps

KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has recommended a reduction of 50 – 100 basis points in the key policy rate, according to a statement issued on Monday. The existing policy rate is seven per cent. A monetary policy survey – conducted recently prior to SBP’s Monetary Policy Committee (MPC) meeting […]

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