The news is by your side.

new monetary policy

State Bank hikes 25 basis points in new Monetary Policy

ISLAMABAD: Governor State Bank of Pakistan on Thursday announced 25 basis points hike in the interest rate in a press conference here on the new monetary policy for the upcoming two months. Governor central bank Tariq Bajwa's announcement of 25 basis points hike has pushed the interest rate to 10.25 percent. Earlier, the Monetary Policy Committee (MPC) of the central bank in its meeting in Islamabad decided the Monetary Policy. The central bank had hiked the monetary policy rate by 150 basis points in November last…

SBP to announce bi-monthly new monetary policy tomorrow

KARACHI: The State Bank of Pakistan (SBP) would announce its decision with regard to its monetary policy for coming two months on Thursday (tomorrow), the bank announced in a statement. The Monetary Policy Committee (MPC) of the central bank will meet tomorrow in Islamabad. After the meeting SBP Governor Tariq Bajwa will unveil the Monetary Policy in a press conference in the capital city. Some economic analysts expect further 50 to 100 basis points hike in interest rate by the central bank at its bi-monthly interest…