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: 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: The central bank on Saturday announced its new monetary policy slashing the interest rate by 0. 25 percent.
NEW YORK: The International Monetary Fund on Tuesday favored Pakistan's intention to decrease interest rate, ARY News reported