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SBP sets policy rate at 12 percent

Sana MehmoodJanuary 27, 2025
KARACHI: The SBP’s Monetary Policy Committee during a rendezvous held here on Monday (27th Jan, 2025) has 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 has slashed the policy rate by one thousand bps (22pc in June, […]
SBP

SBP slashes policy rate to 15% from 17.5%

adminNovember 4, 2024
KARACHI: As expected by the economists, SBP has slashed the benchmark policy rate to 15% from 17.5% here on Monday (4th November, 2024). SBP stated: “At its meeting today, the Monetary Policy Committee (MPC) decided to cut the policy rate by 250 basis points to 15 per cent, effective from November 5, 2024.” It is […]
SBP

SBP maintains policy rate at 22 percent

Sania JamaliApril 29, 2024
KARACHI: SBP Monday (29th April, 2024) persistently kept policy rate unchanged at 22 percent while stressing on continuation of the current monetary policy stance to bring inflation down to the target range. The central bank, in a statement issued here following the meeting of the Monetary Policy Committee (MPC), noted that the macroeconomic stabilization measures […]

SBP keeps policy rate at 22 per cent

News DeskMarch 18, 2024
KARACHI: SBP on Monday (18th March, 2024) cautiously decided to keep policy rate at 22 per cent on pretext of elevated inflation expectations that required continuity of the current monetary stance to bring inflation down.The Monetary Policy Committee (MPC) also emphasized on timely realization of planned external inflows along with continued targeted fiscal consolidation for […]
IMF

IMF releases $700M Tranche

Sana MehmoodJanuary 17, 2024
KARACHI: SBP has taken to the X (Twitter) Wednesday (17th Jan, 2024) to confirm that it had received $705.6 Million from IMF following successful completion of the first review by the Executive Board of IMF under Stand By Arrangement. SBP has further stated that the disbursement would be reflected in Reserves for the week ending […]

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