As the monetary policy committee prepares for its upcoming meeting on June 12, 2023, market expectations lean towards the State Bank of Pakistan (SBP) maintaining the policy rate at the current level of 21%.
(more…)Tag: Monetary Policy
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Majority Expects Unchanged Policy Rate in Upcoming SBP Announcement
In a recent poll conducted by Topline Securities, market participants have expressed their expectations regarding the State Bank of Pakistan’s (SBP) upcoming monetary policy announcement.
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SBP tightens monetary policy to record high rate at 21%: analysts
According to analysts at Arif Habib Limited, the State Bank of Pakistan (SBP) has increased the benchmark policy rate by 100 basis points to a record high of 21%.
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State Bank issues floor, ceiling rates under interest rate corridor
State Bank of Pakistan (SBP) on Tuesday issued floor and ceiling rates under the interest rate corridor after the announcement of monetary policy.
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SBP raises benchmark rate to 21% amid inflationary concerns
During its meeting on Tuesday, the Monetary Policy Committee (MPC) announced to raise the benchmark policy rate by 100 basis points to 21 percent.
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SBP set to issue monetary policy statement on April 04
The State Bank of Pakistan (SBP) is set to issue a monetary policy statement on April 4, 2023.
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SBP may increase policy rate by another 200 bps to 22%: Poll
State Bank of Pakistan (SBP) may increase the benchmark policy rate by 200 basis points to 22 per cent in monetary policy statement scheduled on April 04, 2023.
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Pakistan aggressively raises benchmark interest rate to 20%
KARACHI: Pakistan on Thursday aggressively raised the benchmark interest rate by 300 basis points to 20 per cent.
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FPCCI advises SBP to avoid further monetary tightening
KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Tuesday suggested the State Bank of Pakistan (SBP) to avoid further monetary tightening.
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Poll shows SBP may hike benchmark interest rate to 20%
KARACHI: A poll has shown that the State Bank of Pakistan (SBP) may increase the benchmark interest rate to 20 per cent in policy meeting on March 02, 2023.
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