State Bank of Pakistan
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 […]
State Bank of Pakistan
KARACHI: Pakistan central bank is scheduled to review policy rate on July 07, 2022 and analysts believed an increase of up to 100 basis points due to surge in inflation. A report of K Trade Research issued on Tuesday, stated that the State Bank of Pakistan (SBP) scheduled its monetary policy meeting for July 07, […]
State Bank of Pakistan
ISLAMABAD: The State Bank of Pakistan (SBP) has increased the key policy rate by 6.75 per cent during September 2021 to May 2022, according to Economic Survey of Pakistan 2021/2022 released on Thursday. The survey stated that Pakistan’s economy has witnessed a V-shaped recovery in 2020-2021 after witnessing a contraction of 0.9 percent in FY2020. […]
State Bank of Pakistan
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 […]
State Bank of Pakistan
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 […]
KARACHI: Karachi Chamber of Commerce and Industry (KCCI) has urged the central bank to immediately withdraw the rise in the key policy rate of 2.5 per cent. Chairman Businessmen Group (BMG) Zubair Motiwala and President Karachi Chamber of Commerce & Industry (KCCI) Muhammad Idrees, while highly criticizing the State Bank’s move to exorbitantly raise the […]
State Bank of Pakistan
KARACHI: The State Bank of Pakistan (SBP) in an unscheduled meeting held on Thursday announced a sharp increase in key policy rate by 250 basis points to 12.25 per cent from 9.75 per cent for next two months. The Monetary Policy Committee (MPC) is scheduled to be held on April 19, 2022. However, due to […]
State Bank of Pakistan
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 […]
State Bank of Pakistan
KARACHI: The State Bank of Pakistan (SBP) on Monday said that inflation likely to increase due to cost-push pressure from removal of exemptions in the mini-budget and rise in energy tariff. “Together with low base effects, one-off cost-push pressures from energy tariff increases and the removal of tax exemptions in the Finance (Supplementary) Act are […]
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 […]