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.
(more…)Tag: Monetary Policy
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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SBP Surprises with 100 Basis Point Increase in Benchmark Policy Rate to 22%
Karachi, June 26, 2023 – In an unexpected move on Monday, the State Bank of Pakistan (SBP) raised the benchmark key policy rate by 100 basis points to 22 percent.
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FPCCI Expresses Disappointment over Maintaining Status Quo in Policy Rate
Karachi, June 14, 2023: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has voiced its disappointment regarding the decision to maintain the benchmark policy rate unchanged.
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