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SBP to announce monetary policy on March 15

ISLAMABAD: The State Bank of Pakistan (SBP) would announce the new monetary policy for next two months on March 15, ARY News reported.

According to spokesman of SBP, the central bank will allow agricultural policy for the next couple of months through press release. The interim governor of SBP will not give any briefing on the occasion.

The economic experts believe that interest rate is like to decrease by 0.5 per cent following the easing inflationary pressures.

They further forecasted for the decrease of 50 basis points in the interest rate of banks.

 

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