KARACHI: SBP has slashed the policy rate by 100bps to eleven percent on Monday (5th May, 2025).
SBP pointed out that the MPC has decided to decrease the interest rate as there has been a reduction in fuel/electricity charges, prices of wheat (/its derivatives), onion, potato and pulses (items that influence CPI).
It may be recalled that on 27th Jan SBP’s Monetary Policy Committee during a rendezvous had decided to cut key policy rate by 100 basis points (bps) to 12 percent.
It is pertinent to mention here that since June last year SBP had slashed the policy rate by eleven hundred bps (22pc in June, 2024 to 11pc in May, 2025).
Newspakistan.tv
