SBP Keeps Interest Rate at 11%

State Bank Maintains 11% Policy Rate Despite Calls For Further Cuts

SBP keeps policy rate unchanged at 11pc

SBP Monetary Policy Committee says inflation is projected to stabilize in target range going forward

SBP keeps interest rate unchanged at 11pc, citing inflation risks

The State Bank of Pakistan (SBP) has decided to maintain the policy rate at 11 percent, contrary to expectations of a rate cut among investors and the business

SBP keeps interest rate at 11%

The State Bank of Pakistan (SBP) announced on Tuesday that it will keep the policy interest rate steady at 11%, citing steady inflation and signs of economic improvement. SBP Governor Jameel Ahmed said inflation currently stands at 7.2%, with a slight rise observed in May and June. The average inflation rate for the last fiscal year was 4.5%. Food inflation and core inflation both saw reductions last year, although core inflation is expected to …

State Bank keeps monetary policy rate unchanged at 11pc

Says the real policy rate should continue to be adequately positive to stabilise inflation in the target range of 5-7pc.

Policy Rate Retention Undesirable Despite Decline in Inflation: Atif Ikram - Global News Pakistan

Higher Interest Rates to Hinder Job Creation and Export Growth Efforts Islamabad  :  Atif Ikram Sheikh, President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has termed the State Bank’s decision to maintain the interest rate as an anti-business move. He stated that the State Bank’s decision to keep the policy rate unchanged is incorrect, arguing that if the inflation rate is 7.2 percent, the interest rate should be a…