SBP announces monetary policy for next quarter

SBP announces monetary policy for next quarter
Updated on

Summary The rate will be effective from Monday for the next two months.

(Web Desk) - State Bank of Pakistan has increased the key interest rate by hundred basis points, Radio Pakistan reported.

In a monetary policy statement on Saturday, the Central Bank said the new interest rate will be 8.5 percent.

The rate will be effective from Monday for the next two months.

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