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Trade deficit

SBP announces monetary policy, keeps interest rate unchanged

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 Mahmood Wathra while announcing the policy at the SBP's headquarters said that there was immense pressure on national and international economic indicators. He said that there was an increase in loans issued to the private and agriculture sector, while the power sector has registered…