KARACHI, April 27 – The State Bank of Pakistan (SBP) raised its key policy rate by 100 basis points to 11.50% on Monday, warning that intensifying geopolitical tensions in the Middle East have significantly heightened risks to inflation, external stability and overall macroeconomic conditions.
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SBP expected to maintain 10.50% rate as inflation pressures ease
Karachi, April 24, 2026 – The State Bank of Pakistan (SBP) is widely expected to maintain its benchmark policy rate at 10.50% in the upcoming Monetary Policy Committee (MPC) meeting scheduled for April 27, 2026, as analysts anticipate a continued cautious stance amid global uncertainty and mixed domestic inflation signals.
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Will SBP increase interest rates after sharp fuel price hike?
Karachi, March 7, 2026 – The upcoming monetary policy announcement by the State Bank of Pakistan has become the center of attention for investors and economists after the government sharply increased petroleum prices earlier this week.
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SBP surprises markets, cuts policy rate by 50 basis points to 10.5%
Karachi, December 15, 2025 – In an unexpected move, the State Bank of Pakistan (SBP) on Monday announced a 50 basis points cut in its benchmark policy rate, lowering it to 10.5% from 11%. The decision, effective December 16, 2025, came as a surprise to most market analysts who had widely anticipated the rate would remain unchanged.
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SBP likely to maintain policy rate at 11% in December 15 meeting
Karachi, December 13, 2025 – The State Bank of Pakistan (SBP) is expected to maintain its benchmark policy rate at 11% in the upcoming monetary policy review scheduled for December 15, 2025.
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Policy rate at 11% may not ease inflation: ICMAP
Karachi, October 28, 2025 – The Institute of Cost and Management Accountants of Pakistan (ICMAP) has cautioned that the current 11% policy rate maintained by the State Bank of Pakistan (SBP) may not ease inflationary pressures, as the country’s price surge is mainly driven by supply-side factors rather than demand.
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Flood-driven inflation needs relief, says ICMAP
Karachi – The Institute of Cost and Management Accountants of Pakistan (ICMAP) has highlighted the urgent need for a more balanced monetary approach in light of the devastating floods that recently hit the country.
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SBP maintains policy rate at 11% amid floods shock
Karachi, September 15, 2025 – The State Bank of Pakistan (SBP) on Monday kept its policy rate unchanged at 11 percent, citing ongoing economic challenges and heightened uncertainty following the devastating floods that have disrupted the country’s agriculture and supply chains.
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SBP expected to keep benchmark policy rate unchanged at 11%
Karachi, September 15, 2025 – The State Bank of Pakistan (SBP) is widely expected to maintain its benchmark policy rate at 11 percent in the upcoming Monetary Policy Committee (MPC) meeting scheduled for Monday (today).
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SBP maintains 11% policy rate amid inflation concerns
Karachi, July 30, 2025 – The State Bank of Pakistan (SBP) has decided to keep the benchmark policy rate unchanged at 11%, citing mounting inflation risks and a shifting macroeconomic landscape.
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