Oct 30

Pakistan Maintains Benchmark Interest Rate at 22% on Easing Inflation Expectations

Karachi, October 30, 2023 – Pakistan has chosen to uphold the benchmark interest rate at 22 percent, anticipating a substantial decline in inflation. In a statement released by the State Bank of Pakistan (SBP) on Monday, the Monetary Policy Committee (MPC) cited their outlook for a decreasing inflation trend.

by Shahnawaz Akhter

State Bank of Pakistan to Unveil Monetary Policy Decision on October 30, 2023

Oct 29

State Bank of Pakistan to Unveil Monetary Policy Decision on October 30, 2023

Karachi, October 29, 2023 – The State Bank of Pakistan (SBP) is gearing up to make a pivotal announcement on its monetary policy, set to take place on October 30, 2023.

by Shahnawaz Akhter

Majority of Survey Respondents Expect SBP to Maintain Policy Rate at 22%

Oct 20

Money & Banking

Majority of Survey Respondents Expect SBP to Maintain Policy Rate at 22%

Karachi, October 20, 2023 – The majority of respondents in a recent survey have expressed their belief that the State Bank of Pakistan (SBP) is likely to keep its benchmark policy rate unchanged at 22 percent in its next review.

by Shahnawaz Akhter

SBP Surprises Markets by Keeping Benchmark Policy Rate Unchanged at 22%

Sep 14

Money & Banking, Top stories

SBP Surprises Markets by Keeping Benchmark Policy Rate Unchanged at 22%

Karachi, September 14, 2023 – In a surprising move, the State Bank of Pakistan (SBP) announced on Thursday that it would maintain the benchmark policy rate at the existing level of 22 percent, contrary to various forecasts of an anticipated rate hike.

by Shahnawaz Akhter

SBP May Raise Benchmark Interest Rate to New High Amidst Inflation Woes

Sep 12

Money & Banking, Top stories

SBP May Raise Benchmark Interest Rate to New High Amidst Inflation Woes

Karachi, September 12, 2023 – The State Bank of Pakistan (SBP) is likely to consider a substantial increase in the benchmark interest rate, potentially reaching a historic high above the current record of 22 percent.

by Shahnawaz Akhter

State Bank of Pakistan Announces Monetary Policy Meeting Schedule

Sep 12

Money & Banking

State Bank of Pakistan Announces Monetary Policy Meeting Schedule

Karachi, September 12, 2023 – The State Bank of Pakistan (SBP) has officially disclosed the date for its upcoming Monetary Policy Committee (MPC) meeting.

by Faisal Shahnawaz

SBP Likely to Raise Interest Rate to Record High of 24%: Survey

Sep 8

Money & Banking

SBP Likely to Raise Interest Rate to Record High of 24%: Survey

Karachi, September 8, 2023 – A survey conducted by Topline Securities indicates that a majority of respondents anticipate the State Bank of Pakistan (SBP) will increase the benchmark interest rate to a record high of 24 percent in the upcoming monetary policy committee (MPC) meeting scheduled for September 14, 2023.

by Faisal Shahnawaz

Next Monetary Policy Meeting Confirmed for September 14: SBP

Sep 1

Money & Banking, Top stories

Next Monetary Policy Meeting Confirmed for September 14: SBP

Karachi, September 1, 2023 – The State Bank of Pakistan (SBP) has officially dismissed rumors of an unscheduled monetary policy committee (MPC) meeting and reaffirmed that the next review of interest rates will take place on September 14, 2023.

by Faisal Shahnawaz

SBP Keeps Benchmark Policy Rate Unchanged at 22% Amid Easing Economic Uncertainties

Jul 31

Money & Banking, Top stories

SBP Keeps Benchmark Policy Rate Unchanged at 22% Amid Easing Economic Uncertainties

Karachi, July 31, 2023 – The State Bank of Pakistan (SBP) has announced its decision to maintain the benchmark policy rate at 22 percent, citing a decrease in economic uncertainties.

by Shahnawaz Akhter

Market Divided on SBP’s Upcoming Monetary Policy Meeting

Jul 20

Money & Banking

Market Divided on SBP’s Upcoming Monetary Policy Meeting

Karachi, July 20, 2023: Market participants are divided over the State Bank of Pakistan’s (SBP) decision on whether to raise the benchmark policy rate further in the upcoming monetary policy meeting.

by Shahnawaz Akhter