Islamabad [Pakistan], March 5 (ANI): The State Bank of Pakistan has increased the interest rate by a massive 300 basis points (bps) taking it to a record-high level of 20 per cent, in accordance with the conditions set by the International Monetary Fund, The News International reported.
The Monetary Policy Committee (MPC) which was constituted as a statutory committee under the State Bank of Pakistan Act has taken the dec
Pakistan’s central bank increases interest rate by 300 basis points to 20 pc amid rising inflation
