The State Bank of Pakistan (SBP) in a press statement stated that its Monetary Policy Committee (MPC) will meet today, to decide on the Monetary Policy. The MPC will review the overall economic and financial situation, major indicators, data of different sectors, and major developments taken place since the announcement of the previous monetary policy. […]
Zubair Motiwala, Businessmen Group (BMG) leader has urged the authorities to cut the markup rate down to 14.5 percent from the current 19.5 percent interest rate in the coming monetary policy. “Moody’s has also categorized the insecure loans to CAA2”. KCCI has said that inflation has dropped to the lowest level of 9.6 percent in […]
The central bank said in a statement it had set an interest rate of 0.25 percent — up from around zero to 0.1 percent — having ditched its maverick negative rate policy aimed at boosting economic growth in March. Its decision, announced after a two-day policy meeting, caused the yen to surge briefly before weakening […]
