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Tag: Monetary Policy

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SBP Poised for Crucial Policy Rate Decision on June 10

June 9, 2024June 9, 2024Shahnawaz Akhter

PkRevenue.com – The State Bank of Pakistan (SBP) is poised to make a pivotal decision regarding the benchmark policy rate on Monday, June 10, 2024.

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Topline Survey Shows Strong Expectation of SBP Policy Rate Cut

June 4, 2024June 4, 2024Hamza Shahnawaz

PkRevenue.com – A recent survey by Topline Research suggests a significant shift in market expectations regarding the State Bank of Pakistan’s (SBP) upcoming Monetary Policy Committee (MPC) meeting scheduled for June 10th, 2024.

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Market Anticipates Policy Rate Cut to 20% as Inflation Plunges

May 31, 2024May 31, 2024Shahnawaz Akhter

PkRevenue.com – Analysts at Arif Habib Limited on Friday projected a significant policy rate cut by the State Bank of Pakistan (SBP) in its upcoming monetary policy announcement scheduled for June 10, 2024. The market is anticipating a 2% reduction, bringing the policy rate down to 20%, a level last seen in March-April 2023.

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SBP Holds Policy Rate Steady at 22% Amid Economic Recovery

April 29, 2024April 29, 2024Shahnawaz Akhter

Karachi, April 29, 2024 – The State Bank of Pakistan (SBP) has decided to maintain its benchmark policy rate at 22 percent, the bank’s Monetary Policy Committee (MPC) announced after its meeting today.

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SBP Maintains Policy Rate at 22% Amid Inflation Uptick Risk

March 18, 2024March 18, 2024Shahnawaz Akhter

Karachi, March 18, 2024 – The State Bank of Pakistan (SBP) has announced the decision to maintain the benchmark policy rate at 22 percent, citing concerns about the risk of inflation uptick in the country.

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SBP Set to Unveil Monetary Policy on March 18

March 15, 2024March 15, 2024Shahnawaz Akhter

Karachi, March 15, 2024 – The State Bank of Pakistan (SBP) announced on Friday that it will unveil its monetary policy on Monday, March 18, 2024.

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State Bank of Pakistan Report

SBP Likely to Cut Interest Rate by 100 bps in March 18 Statement

March 12, 2024March 12, 2024Shahnawaz Akhter

Karachi, March 12, 2024 – Analysts at Arif Habib Limited have suggested that the State Bank of Pakistan (SBP) is likely to implement a 100 basis points cut in the benchmark policy rate in the upcoming Monetary Policy Statement (MPS), reducing it to 21 percent from the existing 22 percent.

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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

SBP to Review Benchmark Policy Rate on 29th January

January 24, 2024January 24, 2024Faisal Shahnawaz

Karachi, January 24, 2024 – The State Bank of Pakistan (SBP) is set to convene the Monetary Policy Committee (MPC) meeting on January 29, 2024, to review the benchmark policy rate.

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SBP Maintains Policy Rate at 22% for Fourth Consecutive Time

December 12, 2023December 12, 2023Shahnawaz Akhter

Karachi, December 12, 2023 – The State Bank of Pakistan (SBP) announced on Tuesday that it would maintain the benchmark policy rate at 22 percent for the fourth consecutive time.

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