PSX Sheds over 1,000 Points Amid Cautious Trading Following Policy Rate Hike

PSX sheds over 1,000 points amid cautious trading following policy rate hike

The Pakistan Stock Exchange (PSX) on Tuesday remained fragile, keeping the market under sustained bearish pressure during the ongoing session amid a visible rate-hike syndrome following the central bank’s tightening stance. Stocks remained under pressure since the opening, extending the bearish momentum from the previous session in an overall quiet environment as the market was still trying to absorb the shock of the State Bank of Pakistan’s (SB…

Central bank increases policy rate by 100bps to 11.5pc

The State Bank of Pakistan (SBP) on Monday raised its key policy rate to 11.5 per cent. In its meeting today, the Monetary Policy Committee (MPC) “decided to raise the policy rate by 100 basis points to 11.50pc” with effect from Tuesday, the SBP said in a statement. The hike is the first in almost three years, as rising oil prices from the US-Israel war on Iran threaten to push inflation higher in the import-dependent nation. In its detailed st…

Geopolitics Over Growth: Pakistan’s Monetary Policy conundrum

When interest rates soar by 100 basis points, it’s not just a policy move, it’s a cry for help. The State Bank of Pakistan (SBP) surprised almost the entire economics fraternity when it raised its interest rate by 100 basis points on April 27 – one of the largest hikes in recent history. It is not about why inflation is high, but is monetary policy now engaged in a quixotic fight? My view is the current bout of inflation in Pakistan is being int…

Pakistan Central Bank Hikes Policy Rate By 100 Bps As West Asia War Fuels Inflation

The main reason is the fear of inflation as rising oil prices from the US-Israel war on Iran threatened to push inflation higher in the import-dependent nation.

SBP Hikes Key Policy Rate to 11.5% Amid Surging Inflation

The State Bank of Pakistan (SBP) has officially raised its key interest rate to 11.5%. The Monetary Policy Committee (MPC) announced this 100 basis point hike today, April 27, 2026. Consequently, the benchmark rate moves up from its previous level of 10.5%. The interest rate corridor also shifts with this decision. The Reverse Repo Rate […] The post SBP Hikes Key Policy Rate to 11.5% Amid Surging Inflation appeared first on TechJuice.

SBP increases interest rate by 100 basis points to 11.5%

The State Bank of Pakistan (SBP) increased the key interest rate by 100 basis points, taking it to 11.5%. “The Monetary Policy Committee has decided to increase the policy rate by 100 basis points to 11.50%, effective April 28, 2026,” the State Bank of Pakistan (SBP) said in a statement. The move was largely in line with market expectations, as analysts had anticipated a rate hike amid rising geopolitical tensions in the Middle East. These tensi…