The State Bank of Pakistan has increased the key interest rate by 50 basis points, taking it to 6.5 percent effective from Monday May 28.
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…
KARACHI: The State Bank of Pakistan on Saturday announced the monetary policy for the next two months and kept the rate of interest unchanged at 5.75 percent as the market experts had predicted. Governor State Bank of Pakistan Ashraf…
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…
KARACHI: Pakistani stocks ended Thursday's session at an all-time closing high, a day ahead of the government's announcement of the annual budget.
KARACHI: The central bank on Saturday announced its new monetary policy slashing the interest rate by 0. 25 percent.
KARACHI/ISLAMABAD: Pakistan stocks closed at a record high on Thursday, helped by good foreign investor inflows, dealers said.
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.
NEW YORK: The International Monetary Fund on Tuesday favored Pakistan's intention to decrease interest rate, ARY News reported
LONDON: The Bank of England on Thursday voted to keep its main interest rate at 0.50 percent against a backdrop of sliding British inflation.