basis points

Islamabad: The State Bank of Pakistan (SBP) delivered a larger-than-expected policy rate cut, lowering its benchmark interest rate by 100 basis points to 11%, as headline inflation eased to multi-month …

FPCCI chief says economy doesn’t have capacity to absorb high interest rates. “We were expecting the policy rate to rise, but not so much”, says President FPCCI Nasir Hayyat Maggo. …