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SBP cuts the key interest rate to 19.5 from 20.5pc

KARACHI: SBP Governor Jameel Ahmed, while talking to journalists at a Presser held here on Monday (29th July, 2024) informed that the Monetary Policy Committee of the SBP had decided to cut the policy rate by 100bps to 19.5pc, effective from 30th July, 2024.

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