State Bank announces monetary policy; maintains interest rate at 10 %

BusinessState Bank announces monetary policy; maintains interest rate at 10 %

State Bank announces monetary policy; maintains interest rate at 10 %

KARACHI: The State Bank of Pakistan (SBP) on Saturday announced the monetary policy for the next two months and decided to maintain the interest rate of 10 per cent.

“The interest rate will stay unchanged at 10 per cent for the next two months,” the SBP spokesman said.

The policy observed that inflation rate has decreased and growth increased. It said that all the economic indicators are heading in the right direction.

Must read

Recent News

US Embassy in Islamabad awards $20,000 in seed funding to women entrepreneurs

0
ISLAMABAD, Pakistan: The US Embassy in Islamabad has announced the winners of US$ 20,000 in seed grants to participants in the Embassy’s Academy for...

25 Kharji terrorists killed, 11 injured in Tirah: ISPR

0
RAWALPINDI, Pakistan: The security forces have killed 25 terrorists of Fitna-Al-Khwarij including Kharji ring leader Abuzar alias Saddam and injured further 11 in Tirah...

Interbank Dollar Rate Today in Pakistan – 27 August 2024

0
Interbank Exchange Rates in Pakistan The Interbank Closing Exchange Rate in Pakistan has been issued by the State Bank of Pakistan (SBP) for August 27,...

Rain with thunderstorm expected in Punjab & Sindh in next 36 to 48 hours

0
NDMA issues alert to relevant departmentsISLAMABAD, Pakistan: The National Emergency Operations Center (NEOC) of NDMA anticipated more rain, thunderstorm with gusty winds in...

Membership Free of Islamabad Club

0
The Islamabad Club is functioning under the ambit of Islamabad Club (Administration) Ordinance No. XXXIII 1978 and the Islamabad Club Rules & Regulations made...
Advertisement