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Tag: Monetary Policy

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Market Divided on SBP’s Upcoming Monetary Policy Meeting

July 20, 2023July 20, 2023Shahnawaz Akhter

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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State Bank of Pakistan 04

SBP Surprises with 100 Basis Point Increase in Benchmark Policy Rate to 22%

June 26, 2023July 1, 2023Shahnawaz Akhter

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

June 14, 2023June 14, 2023Hamza Shahnawaz

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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Market Expects Status Quo in Policy Rate Amid Economic Crossroads

June 3, 2023June 3, 2023Faisal Shahnawaz

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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Majority Expects Unchanged Policy Rate in Upcoming SBP Announcement

June 2, 2023June 2, 2023Shahnawaz Akhter

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

April 5, 2023April 5, 2023Hamza Shahnawaz

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

April 4, 2023April 4, 2023Faisal Shahnawaz

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

April 4, 2023April 4, 2023Faisal Shahnawaz

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

March 31, 2023March 31, 2023Faisal Shahnawaz

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

March 29, 2023March 29, 2023Faisal Shahnawaz

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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