Karachi [Pakistan], November 27 (ANI): The interest rate in Pakistan skyrocketed to its highest in 24 years after the State Bank of Pakistan (SBP) raised its key policy rate by 16 per cent on Friday to curb inflation, according to Dawn.
The central bank said in a statement following a meeting of the committee that the decision was based on the MPC’s assessment that “inflationary pressures have proven to be higher and more
Interest rate reaches highest in 24 years after State Bank of Pakistan hikes it by 16 pc
