Monetary Policy Archives - Page 3 of 11

State Bank of Pakistan to Announce Benchmark Interest Rate on December 12, 2023

December 8, 2023December 8, 2023Shahnawaz Akhter

Karachi, December 8, 2023 – The State Bank of Pakistan (SBP) has declared that it will reveal the benchmark interest rate on December 12, 2023.

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

October 30, 2023October 30, 2023Shahnawaz Akhter

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.

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

October 29, 2023February 24, 2024Shahnawaz Akhter

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.

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

October 20, 2023October 20, 2023Shahnawaz Akhter

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.

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

September 14, 2023February 15, 2024Shahnawaz Akhter

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.

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

September 12, 2023September 12, 2023Shahnawaz Akhter

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.

State Bank of Pakistan Announces Monetary Policy Meeting Schedule

September 12, 2023September 12, 2023Faisal Shahnawaz

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

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

September 8, 2023September 8, 2023Faisal Shahnawaz

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.

Next Monetary Policy Meeting Confirmed for September 14: SBP

September 1, 2023September 1, 2023Faisal Shahnawaz

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.

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

July 31, 2023February 24, 2026Shahnawaz Akhter

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.

Tag: Monetary Policy