Karachi [Pakistan], November 26 (ANI): In a recent decision, the State Bank of Pakistan (SBP) jacked up its policy rate by 16 per cent on Friday, the Express Tribune reported on Friday citing the bank after a meeting of its monetary policy committee (MPC), according to the Express Tribune.
The decision came as the South-Asian country is currently cash-strapped and under a severe economic and political crisis and it is the
State Bank of Pakistan hikes interest rate to 16 per cent to curb inflation
