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Interest rate

SBP maintains interest rate at 5.75 percent

KARACHI: In widely expected move, State Bank of Pakistan has decided to keep the interest rate unchanged at 5.75 percent for the next two months of the current fiscal year, According to a statement, the central bank stated that the…

Mexican central bank hikes interest rate after Trump win

MEXICO CITY: Mexico's central bank raised its key interest rate on Thursday after Donald Trump's US presidential election victory last week rocked the peso and global markets. As expected by analysts, the bank lifted the rate by 50 basis…

SBP to review its interest rate corridor

ISLAMABAD: State Bank of Pakistan (SBP) is reviewing its interest rate corridor to further strengthen the transmission of monetary policy as well as to have the desired effect on term structure of interest rate, ARY News has learnt.