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All Stories: Interest rate

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...

Bank of England raises rates to 2.25%, despite likely recession

The Bank of England raised its key interest rate to 2.25% from 1.75% on Thursday and said it would continue to "respond forcefully, as...

Markets tumble as Fed hikes interest rate, warns more to come

HONG KONG: Markets sank Thursday, and the dollar rallied after the Federal Reserve unveiled a third straight jumbo interest rate hike, said more were...

Monetary policy: SBP keeps interest rate unchanged at 15pc

ISLAMABAD: The State Bank of Pakistan (SBP) decided to keep the benchmark policy rate unchanged at 15 per cent for the next six weeks. The...

Interest rate hiked for National Savings’ certificates, accounts

ISLAMABAD: The National Savings on Saturday announced a hike in profit on regular income certificates and saving accounts, ARY NEWS reported. According to a handout...

Fed hikes interest rate by 75bps, flags weakening economic data

WASHINGTON: The Federal Reserve raised its benchmark overnight interest rate by three-quarters of a percentage point in an effort to cool the most intense...

Turkish Lira hits year low as Turkey holds interest rates

ISTANBUL: The Turkish lira touched its low for the year on Thursday as the central bank once again refused to raise interest rates to...

SBP jacks up interest rate to 15pc

KARACHI: The State Bank of Pakistan (SBP) on Thursday raised the monetary policy rate by 125 basis points to 15% for the next six...

Monetary policy: SBP jacks up interest rate to 13.75pc

KARACHI: The State Bank of Pakistan (SBP) on Monday raised the monetary policy rate by 150 basis points to 13.75% for the next six...

SBP to announce policy rate for another two months today

KARACHI: The State Bank of Pakistan will announce monetary policy on Monday (today), deciding on the interest rate for the next two months, ARY...

FPCCI urges PM Shehbaz Sharif to reduce interest rate

KARACHI: Federation of Pakistan Chambers of Commerce & Industry (FPCCI) on Friday urged PM Shehbaz Sharif to decrease the policy rate, fearing any more...

SBP keeps interest rate unchanged at 9.75%

KARACHI: The State Bank of Pakistan (SBP) decided to keep the benchmark policy rate unchanged at 9.75 per cent in its Monetary Policy Committee...

SBP to decide on interest rate today

KARACHI: The State Bank of Pakistan's (SBP) monetary policy committee will meet today (Monday) to decide on the interest rate for the next 45...
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