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Pakistan cuts policy rate by 100 basis points to 12 pct

januari 28, 2025by Reacties uitgeschakeld voor Pakistan cuts policy rate by 100 basis points to 12 pct

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ISLAMABAD, Jan. 28 (Xinhua) — The State Bank of Pakistan (SBP) announced on Monday a 100 basis points (bps) reduction in its key policy rate, lowering it to 12 percent in response to mounting calls for a significant rate cut.

Governor of the SBP Jameel Ahmad told a media briefing that the Monetary Policy Committee (MPC) decided to lessen the interest rate after assessing the inflation outlook and other economic

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