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Interest rate reduced by 2%, now at 17.5%

Summary by Minute Mirror
The State Bank of Pakistan has reduced the interest rate by 2%, bringing it down to 17.5%. According to media, the Monetary Policy Committee (MPC) of the State Bank announced in its statement that during its meeting on Thursday, the policy rate was reduced by 200 basis points from 19.5% to 17.5%, effective from September […] The post Interest rate reduced by 2%, now at 17.5% appeared first on Minute Mirror.
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