SBP raises the policy rate ISLAMABAD: The State Bank of Pakistan today further raised the discount rate to 22% as a last-ditch effort to meet another condition of the IMF. …
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Stock Market sheds tears after record hike in SBP’s discount rate, loses 800+ points today
by Umar Sohailby Umar SohailISLAMABAD: Pakistan Stock market today lost more than 800 points in reaction to the State Bank of Pakistan decision to further increasing the discount rate. The central bank has raised …