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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Tag: Monetary Policy
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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Pakistan set to jack up benchmark interest rate on March 02
KARACHI: Pakistan is set to raise benchmark interest rate as the central bank has announced the monetary policy committee (MPC) to meet ahead of schedule on March 02, 2023.
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SBP auctions MTBs at 20% cut-off yield; signals of massive policy rate hike
KARACHI: State Bank of Pakistan (SBP) on Wednesday sold Market Treasury Bills (MTBs) at about 20 per cent cut-off yield hinting massive increase in benchmark policy rate.
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SBP raises benchmark rate by 100 basis points to check inflation
KARACHI: State Bank of Pakistan (SBP) on Monday raised benchmark policy rate by 100 points to 17 per cent to check inflationary pressure.
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SBP to issue policy announcement on Jan 23; another hike of 100bps likely
KARACHI: State Bank of Pakistan (SBP) is scheduled to issue a monetary policy announcement on January 23, 2023 as the market is expecting another hike of 100 basis points to bring the benchmark rate to 17 per cent.
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SBP may raise benchmark interest rate by 100bps to 17pc in upcoming policy announcement
KARACHI: State Bank of Pakistan (SBP) may increase the benchmark interest rate by 100 basis points to 17 per cent in upcoming policy announcement, analysts said on Monday.
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SBP raises benchmark interest rate by 100 basis points to 16pc
KARACHI: State Bank of Pakistan (SBP) on Friday raised the benchmark interest rate by 100 basis points to 16 per cent owing to inflationary pressure and risks to financial stability. The SBP said that the monetary policy committee in its meeting on November 25, 2022 decided to raise the policy rate by 100 basis points […]
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