KARACHI : Pakistan's central bank cut its key policy rate by 100 basis points to 12 per cent on Monday, for a sixth straight reduction since June as the country attempts to revive business and economic sentiment amid easing inflation.The State Bank of Pakistan has slashed rates by 1,000 bps from an all-ti

Channel News Asia

Singapore

Pakistan central bank cuts key rate by 100 bps

Media Bias/Fact Check

Government of Singapore

(Bloomberg) — Pakistan cut its benchmark interest rate to the lowest in almost three years as cooling inflation provides space for policymakers to bolster growth.

Financial Post

Leon Cooperman

Allianz

Canada

Pakistan Cuts Interest Rates to Lowest in Almost Three Years

SBP governor says SBP maintains its outlook that it will achieve its goal of $13 billion FX reserves by June.

Dawn

Dawn Media Group

Pakistan

SBP cuts key policy rate by 100bps to 12pc

Pakistan's central bank has reduced its key policy rate by 100 basis points to 12%. This is the sixth consecutive cut since June aimed at boosting economic sentiment amid easing inflation. The bank also forecasts full-year GDP growth between 2.5% and 3.5%, with inflation expected to ease further in January.

The Economic Times

Sahu Jain family

The State Bank of Pakistan (SBP) is set to unveil the first monetary policy of 2025 today (Monday), ARY News reported. The Monetary Policy Committee (MPC), led by SBP Governor Jameel Ahmad, will meet today to assess the monetary policy. Analysts predict a possible 1% reduction in the interest rate, citing a recent decline in inflation. It is to be noted that the SBP has slashed the policy rate by 9 per cent in the last seven monetary policy anno…

ARY News

SBP to announce first monetary policy of 2025 today

MPC expects headline inflation for FY25 to average between 5.5-7.5%

Business Recorder

In line with expectations: SBP reduces key interest rate by 100bps, takes it to 12%

The State Bank of Pakistan (SBP) has announced a reduction in its key policy rate by 100 basis points bringing the interest rate to 12 percent on Monday, citing an improved inflation outlook and positive trends in exports and remittances.
The rate cut is the latest in a series of reductions since June 2024, bringing the cumulative decrease to 1,000bps over six intervals.
The central bank's move aligns with widespread expectations among financial…

The Express Tribune

State Bank of Pakistan lowers policy rate to 12 percent with 100bps reduction

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BizToc

Pakistan’s Easing Prices Gives Room for Rate Cuts, Governor Says

Islamabad, Jan 27 (PTI) Pakistan's central bank on Monday reduced its key policy rate by 100 basis points (bps) to 12 per cent from 13 per cent following an improvement in economic indicators.The State Bank of Pakistan (SBP) Governor, Jameel Ahmed, said that the bank's Monetary Policy Committee (MPC) decided to cut the rate while keeping in sight the inflation outlook and other developments.“Keeping these things in mind, we adopted a cautious ap…

NewsDrum

Pakistan's central bank reduces its key policy rate by 100 basis points

On Monday, the State Bank of Pakistan (SBP) cut the key policy rate by 100 bps to 12 percent.   After chairing a SBP’s monetary policy committee meeting, State Bank Governor Jamil Ahmad announced the cut in interest rate by one percent at a news conference in Karachi on Monday. The policy rate earlier stood at 13 percent. The central bank governor also noted that inflation is projected to be at 4.1 per cent by December 2024. In a “positive devel…

Pakistan central bank cuts key rate by 100 bps

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