Pakistan Revenue
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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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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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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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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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%.
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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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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 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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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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The State Bank of Pakistan (SBP) is set to issue a monetary policy statement on April 4, 2023.
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