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Pakistani central bank leaves policy rate unchanged at 22 pct

ISLAMABAD, Oct. 31 (Xinhua) — The monetary policy committee of the Pakistani central bank has decided to leave policy rate unchanged at 22 percent, the central bank said.

The committee said that headline inflation rose in September 2023 as expected, however, it is projected to decline in October and then maintain a downward trajectory, especially in the second half of the ongoing fiscal year (from July 2023 to