State Bank of Pakistan

State Bank of Pakistan’s Policy Interest Rate Cut for Fourth Time in Space of Two Months

May 15, 2020

Pakistan’s key central bank rate was at 13.25% as recently as March 16 but now falls to 8.0%, thanks to two reductions in March totaling 225 basis points, a third cut of 200 bps a month ago and a fourth announced today by the Monetary Policy Committee of 100 basis points after an emergency meeting. […] More

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