Pakistan’s GDP grew by 2.7% in FY2024–25 while inflation hit a decades-low average of 4.6%, according to the Pakistan Economic Survey unveiled by Finance Minister Muhammad Aurangzeb. The survey outlines …
Policy Rate
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BusinessTop Trending News
SBP Surprises With Steeper Cut as Inflation Hits Bottom, says S&P
by Umar Sohailby Umar SohailIslamabad: 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 …
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Karachi/Islamabad: The State Bank of Pakistan’s (SBP) recent decision to cut its benchmark policy rate by 100 basis points to 11% has drawn sharp criticism from Pakistan’s business community, which …
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BusinessTop Trending News
SBP Cuts Policy Rate by 100 Basis Points to 11%
by Umar Sohailby Umar SohailKarachi/Islamabad: At its meeting today, the Monetary Policy Committee (MPC) of the SBP decided to reduce the policy rate by 100 basis points to 11 percent, effective from May 6, …
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BusinessTop Trending News
MPC Decision: Expectations to Cut or No Change
by Umar Sohailby Umar SohailIslamabad/Karachi: The upcoming meeting of the Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) has generated a lot of attention, as analysts remain divided on whether the …
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The Monetary Policy Committee (MPC) convened on March 18, 2024, and decided unanimously to maintain the policy rate at 22 percent. The Committee acknowledged a notable decline in inflation from …
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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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During its meeting today, the Monetary Policy Committee (MPC) has opted to keep the policy rate unchanged at 22 percent. The recent inflation data has influenced this decision, indicating a …