State Bank Slashes Interest Rate by 2%, Sets It at 13%
The State Bank of Pakistan (SBP) has announced a 2% reduction in the policy rate, bringing it down to 13%. According to the SBP, inflation in November stood at 4.9% year-on-year, aligning with expectations. However, inflation expectations among consumers and businesses remain mixed. The central bank stated that recent economic data points to improved growth […]
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