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Pakistan’s central bank to maintain policy rate unchanged at 22 pct

ISLAMABAD, Jan. 29 (Xinhua) — The monetary policy committee of the State Bank of Pakistan (SBP) has decided to maintain the policy rate unchanged at 22 percent, the central bank said Monday.

“While arriving at the decision, the committee observed that the frequent and sizable adjustments in administered energy prices have slowed down the pace of decline in inflation anticipated earlier, besides impeding a susta