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Tag: Monetary Policy

State Bank of Pakistan

SBP to review existing policy rate of 7 percent on Sep 21

September 16, 2020December 15, 2021Mrs. Anjum Shahnawaz

KARACHI: The State Bank of Pakistan (SBP) on Wednesday said it will review existing key policy rate at 7 percent on Monday, September 21, 2020 for next two months. In its monetary policy announcement on June 25, 2020 the SBP cut the key policy rate to 7 percent. The decision came after the monetary policy […]

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State Bank of Pakistan

SBP not to hold regular monetary policy committee meeting

July 24, 2020July 24, 2020Mrs. Anjum Shahnawaz

KARACHI: State Bank of Pakistan (SBP) on Friday decided not to hold regular meeting of monetary policy committee meeting scheduled for July 2020. Given the number of MPC meetings that have taken place in recent months, and actions taken in those meetings, the MPC does not consider it necessary to hold the regular meeting of […]

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State Bank of Pakistan

SBP slashes policy rate by 100 basis points to 7 percent

June 25, 2020June 25, 2020Mrs. Anjum Shahnawaz

KARACHI: The State Bank of Pakistan (SBP) on Thursday announced to further cut policy rate by 100 basis points to 7 percent in order to support domestic economic activities. A statement issued by the SBP stated that at its meeting on June 25, 2020, the Monetary Policy Committee (MPC) decided to reduce the policy rate […]

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economic survey 2019-2020

SBP adopts flexible monetary policy stance on adverse impact of COVID-19

June 12, 2020June 23, 2024Mrs. Anjum Shahnawaz

ISLAMABAD:  The adverse impact on the economy due to COVID-19 has forced the State Bank of Pakistan (SBP) to adopt flexible monetary policy stance, according to Pakistan Economic Survey 2019/2020 released on Thursday.

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State Bank of Pakistan

SBP slashes policy rate by 100 basis points to 8 percent

May 15, 2020May 15, 2020Mrs. Anjum Shahnawaz

KARACHI: The State Bank of Pakistan (SBP) on Friday decided to further reduce the policy rate by 100 basis points to 8 percent as inflation outlook has improved further in light of the recent cut in domestic fuel prices. A statement said that at its meeting on May 15, 2020, the Monetary Policy Committee (MPC) […]

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Federation of Pakistan Chambers

FPCCI demands 400 basis points cut in policy rate

May 14, 2020May 14, 2020Mrs. Anjum Shahnawaz

KARACHI: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Thursday demanded the central bank to cut the policy rate by 400 basis points to five percent. The State Bank of Pakistan (SBP) is scheduled to release monetary policy statement on Friday May 15, 2020. The central bank in past two months reduced […]

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State Bank of Pakistan

SBP likely to further ease monetary policy stance by 100bps: analysts

May 13, 2020May 13, 2020Faisal Shahnawaz

KARACHI: Analysts believe that the State Bank of Pakistan (SBP) likely to further ease the key policy rate by 100 basis points in the upcoming announcement scheduled for May 15, 2020. Analysts Arif Habib Limited said that the monetary policy committee of SBP will convene on Friday (15th May 2020) to announce the monetary policy […]

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State Bank of Pakistan

SBP to announce monetary policy on May 15

May 11, 2020May 11, 2020Mrs. Anjum Shahnawaz

KARACHI: State Bank of Pakistan (SBP) on Monday said that it will announce monetary policy statement for next two months on Friday May 15, 2020. The SBP in previous three announcement during past two months reduced the policy rate by 4.25 percent to 9 percent from 13.25 percent. In the last monetary policy meeting on […]

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State Bank of Pakistan

SBP cuts policy rate by 75bps below expectations: analysts

March 17, 2020April 6, 2021Mrs. Anjum Shahnawaz

KARACHI: Analysts have said that the policy rate cut by 75 basis points by the State Bank of Pakistan (SBP) is below the street expectations. The central bank in its Monetary Policy Statement (MPS) has cut Policy Rate by 0.75 percent to 12.5 percent – lower-than-our expectations of 1.0 percent, analysts at Topline Securities said. […]

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State Bank of Pakistan

SBP to announce monetary policy on March 17

March 9, 2020April 6, 2021Mrs. Anjum Shahnawaz

KARACHI: State Bank of Pakistan (SBP) will announce monetary policy statement for next two months on March 17, 2020, a statement said on Monday. The monetary policy committee (MPC) will review the existing policy rate along with economic indicators and inflation. The SBP kept the policy rate at 13.25 percent during the three policy statement. […]

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