Islamabad: Banks Profitability has touched new highs. The profitability of Pakistan’s listed banking sector surged to Rs173 billion during the first quarter of 2025 (January to March), marking a 14 …
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Tag:
discount rate
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Business
SBP to Announce Monetary Policy Today, Likely Drop in Mark Up Rate
by Umar Sohailby Umar SohailKarachi, March 10: The Money Policy Committee (MPC) of the State Bank of Pakistan (SBP) would meet in no time for its moment session of the year with most investigators …
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SBP rejects reports of urgent hike ISLAMABAD: The State Bank of Pakistan today dispelled rumors of an urgent hike in the discount rate. In a statement today, SBP said that …
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Economy
SBP keeps the discount rate unchanged, at 22% while anticipating a decline in inflation to 24% in FY24
by Hamza Irshadby Hamza IrshadDiscount rate unchanged ISLAMABAD: The State Bank of Pakistan kept the discount rate unchanged, at 22 percent while anticipating a downward trend in inflation, up to 24 percent in FY24. …
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Economy
SBP raises discount rate to 20% to meet another harsh condition of the IMF
by Hamza Irshadby Hamza IrshadEarlier, the central bank’s discount rate was at 17 percent which was increased by 300 basis points on Thursday afternoon.
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Further increase in discount rate will increase cost of bank borrowings by private sector and govt
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The interest rate is a tool available with the central bank to control inflation, regulate unnecessary rupee movement and give a direction to the national economy.
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EconomyLatest UpdatesNational
IMF’s $6 billion package costs Pakistan $40 billion in just 2 policy areas: Dr Ashfaque
The neo-liberal economic order as enshrined in the Washington Consensus and implemented vigorously by the IMF has never worked in the past and will not work in the future as …