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SBP keeps interest rate unchanged at 22pc

The State Bank of Pakistan (SBP) on Monday decided to keep the interest rate unchanged at 22 per cent for next 45 days, ARY...

SBP holds interest rate at 22pc

KARACHI: The State Bank of Pakistan (SBP) on Tuesday decided to maintain its benchmark interest rate unchanged at 22 percent, ARY News reported, citing...

Pakistan assures IMF of taking anti-inflationary measures

ISLAMABAD: Pakistan has assured the International Monetary Fund (IMF) of taking anti-inflationary measures, ARY News reported citing sources. According to sources, the caretaker government of...

Trudeau expects Canadian interest rates to come down in 2024

Canadian Prime Minister Justin Trudeau expects interest rates are going to start coming down by the middle of next year, in-line with recent Reuters...

SBP governor clarifies on interest rate hike

Responding to rumours regarding another possible hike interest rate, the State Bank of Pakistan (SBP) Governor Jameel Ahmed clarified that there will not be...

Turkey hikes interest rate in Erdogan policy U-turn

ISTANBUL: Turkey on Thursday pivoted away from years of unconventional economics promoted by President Recep Tayyip Erdogan as the central bank nearly doubled its...

China central bank cuts key interest rate to boost economy

China's central bank on Thursday cut a key interest rate and injected $33 billion into financial markets in a bid to boost flagging growth...

Erdogan hints at rate hike after election victory

ISTANBUL: Turkish President Recep Tayyip Erdogan signalled Wednesday that he would let his new economic team hike interest rates to combat inflation and stabilise...

Monetary Policy: SBP keeps key interest rate unchanged at 21pc

ISLAMABAD: The Monetary Policy Committee (MPC) of State Bank of Pakistan (SBP) has decided to keep the policy rate unchanged at 21 percent for...

Australia stuns markets by raising cash rate 25 basis points

Australia's central bank on Tuesday stunned markets by raising its cash rate 25 basis points when traders had looked for an extended pause, saying...

SBP jacks up interest rate to 21pc

KARACHI: The State Bank of Pakistan (SBP) on Tuesday raised the monetary policy rate by 100 basis points to 21per cent — the highest...

SBP likely to jack up interest rate to unlock IMF loan

ISLAMABAD: State Bank of Pakistan (SBP) is likely to raise the interest rate by 2 per cent at the upcoming meeting of the Monetary...

Australian central bank lifts rates to 11-year high

Australia's central bank on Tuesday hiked interest rates to a 11-year high, putting mortgage holders under mounting pressure as it tries to curb inflation.  The...

Interest rate hike: SBP prepones monetary policy meeting to Mar 2

KARACHI: The State Bank of Pakistan (SBP) on Tuesday preponed its Monetary Policy Committee on March 2 — two weeks earlier than scheduled, ARY...

IMF demands ‘big’ increase in interest rate

ISLAMABAD: International Monetary Fund (IMF) on Thursday demanded a big increase in the interest rates, ARY News reported citing sources. As per details, Pakistan has...

Monetary policy: SBP increases interest rate to 17pc

KARACHI: The State Bank of Pakistan (SBP) on Monday increased the monetary policy rate by 100 basis points to 17 percent in order to...

Bank of England lifts interest rate to 14-year high

The Bank of England (BoE) on Thursday hiked its interest rate by half a point to 3.5 percent, the highest level in 14 years,...

Interest rate hike

The intention of the State Bank of Pakistan (SBP) is to tame the raging inflation but for the market circles it has come as...

Bank of England set for biggest rate hike in 33 years

The Bank of England is widely expected to hike its key interest rate on Thursday by the biggest amount since 1989 as it bids...

US Fed delivers another steep rate hike with more to come

WASHINGTON: The Federal Reserve (FED) delivered another steep interest rate increase on Wednesday, as expected, with its move to cool red-hot inflation taking on...
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