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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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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High inflation may compel SBP to further raise interest rate to 18pc: analysts
KARACHI: State Bank of Pakistan (SBP) may further raise benchmark interest rate by 2 per cent to 18 per cent from existing 16 per cent during next six months owing to high inflation, analysts said on Tuesday.
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