Interest Rate The State Bank of Pakistan (SBP) has maintained its key interest rate at 22 percent for the fifth consecutive policy meeting, with the decision announced just ahead of …
Monetary Policy Committee (MPC)
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Economy
PSX Witnesses Sharp Decline: Nearly 500-Point Drop in Shares Due to Profit-Taking
by Hamza Irshadby Hamza IrshadProfit-Taking The Pakistan Stock Exchange (PSX) encountered persistent bearish sentiment on Friday as shares extended losses, resulting in a substantial dip of nearly 500 points. The KSE-100 index, according to …
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22% Interest Rate In a recent decision, the State Bank of Pakistan’s Monetary Policy Committee (MPC) has chosen to maintain the status quo by keeping the key policy rate unchanged …
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Latest Updates
Pakistan MPC Keeps 22% Policy Rate Amid Inflation Outlook, Highlights Economic Gains and Global Concerns
by Hamza Irshadby Hamza IrshadISLAMABAD: In its recent meeting, the Monetary Policy Committee (MPC) decided to maintain the policy rate at 22 percent. The committee acknowledged that headline inflation had risen in September 2023 …
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The rate may go up by 100 base points ISLAMABAD: The State Bank of Pakistan’s Monetary Policy Committee is scheduled to convene on Thursday. There is a possibility of another …
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EconomyLatest UpdatesNational
Analysts Predict another key Policy Rate Hike to meet IMF Conditions
by Hamza Irshadby Hamza IrshadISLAMABAD: The State Bank of Pakistan (SBP) is likely to hike the key policy rate again on Monday (July 31) to rein in inflation, in line with the conditions of …
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Economy
State Bank maintains discount rate of 21% to make a dent in record high inflation
by Hamza Irshadby Hamza IrshadState Bank maintains discount rate KARACHI/ISLAMABAD: At its meeting today, the Monetary Policy Committee (MPC) decided to keep the policy rate unchanged at 21 percent. The MPC noted that higher …
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EconomyLatest Updates
Car financing in Pakistan soars to record high in August
by Umar Sohailby Umar SohailCar loans hit record high of Rs326 billion in August August figure for car loans depicted a 46.8% year-on-year jump
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State Bank keeps monetary policy unchanged. SBP anticipates growth in demand of private sector credit, expects growth in revenues, decline in budget deficit in 2021-22