US EditionState Bank set to announce new interest rate today
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State Bank set to announce new interest rate today
The State Bank of Pakistan is expected to announce the revised monetary policy and interest rate today. Currently, the benchmark interest rate stands at 11 percent. Business leaders and trade bodies across the country, particularly from Faisalabad’s industrial sector, have strongly urged the government to slash the interest rate, emphasizing that it should be brought down to single digits—ideally around 6 percent. Their appeal is rooted in the b…
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