Karachi, December 2, 2023 – A recent survey indicates that the State Bank of Pakistan (SBP) is unlikely to alter its existing policy rate of 22 percent in the upcoming Monetary Policy Committee (MPC) meeting scheduled for December 12, 2023.
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Pakistan Maintains Benchmark Interest Rate at 22% on Easing Inflation Expectations
Karachi, October 30, 2023 – Pakistan has chosen to uphold the benchmark interest rate at 22 percent, anticipating a substantial decline in inflation. In a statement released by the State Bank of Pakistan (SBP) on Monday, the Monetary Policy Committee (MPC) cited their outlook for a decreasing inflation trend.
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Majority of Survey Respondents Expect SBP to Maintain Policy Rate at 22%
Karachi, October 20, 2023 – The majority of respondents in a recent survey have expressed their belief that the State Bank of Pakistan (SBP) is likely to keep its benchmark policy rate unchanged at 22 percent in its next review.
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State Bank of Pakistan Announces Monetary Policy Meeting Schedule
Karachi, September 12, 2023 – The State Bank of Pakistan (SBP) has officially disclosed the date for its upcoming Monetary Policy Committee (MPC) meeting.
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Pakistani Banks Raise Lending Cost to Record High at 24.62%
Karachi, September 8, 2023 – Analysts have reported that Pakistani banks have raised lending costs to a record high of 24.62 percent, indicating potential actions by the central bank to increase its benchmark policy rate to an all-time high in the near future.
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SBP Ready to Unveil Interest Rate Fate Following IMF Deal
Karachi, July 27, 2023 – The State Bank of Pakistan (SBP) is poised to make a crucial decision on the benchmark interest rate following the successful conclusion of a loan deal with the International Monetary Fund (IMF).
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Market Divided on SBP’s Upcoming Monetary Policy Meeting
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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SBP Surprises with 100 Basis Point Increase in Benchmark Policy Rate to 22%
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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SBP raises benchmark rate to 21% amid inflationary concerns
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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Headline inflation may soar to historic high; further rate hike likely
Pakistan headline inflation may soar to historic high in March 2023, which is likely to force the central bank for further interest rate hike.
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