SBP jacks up policy rate to record 22% amid IMF talks
The State Bank of Pakistan, on Monday, decided to raise the policy rate by 100 bps to 22 percent for keeping real interest rate firmly in the positive territory amid recent developments. The decision, effective form 27th June 2023, was taken in an emergency meeting of Monetary Policy Committee (MPC) convened here to review the […]
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The State Bank of Pakistan, on Monday, decided to raise the policy rate by 100 bps to 22 percent for keeping real interest rate firmly in the positive territory amid recent developments. The decision, effective form 27th June 2023, was taken in an emergency meeting of Monetary Policy Committee (MPC) convened here to review the […]
