Pakistan central bank surprises with hold on key policy rate
Pakistan's central bank held its key policy rate at 12% on Monday, it said in a statement, a widely unexpected move which halted an easing cycle that witnessed six straight reductions since June. The central bank has slashed rates by 1000 bps from an all time high of 22% in June 2024,
Pakistan unexpectedly halts easing cycle, keeps key interest rate at 12%
Pakistan’s central bank unexpectedly halted its easing cycle on Monday, keeping its key policy rate at 12%, saying there could still be price risks
Pakistan pauses easing cycle after six consecutive rate cuts
Central bank says high core inflation could still drive up overall price levels, despite fall in headline figure
Pakistan's Central Bank Holds Steady on Policy Rate Amid Inflation Concerns
The State Bank of Pakistan has decided to keep its policy rate at 12% amidst potential inflation risks. Despite February's lower-than-expected inflation due to falling food and energy prices, core inflation remains high.
Pakistan Unexpectedly Halts Easing Cycle, Keeping Key Interest Rate at 12%
KARACHI (Reuters) -Pakistan's central bank unexpectedly halted its easing cycle on Monday, keeping its key policy rate at 12%, saying there could still be price risks including from an escalation ...
SBP holds policy rate at 12%
With the fading impact of the low-base effect on inflation, along with a widening current account deficit and tax revenue shortfalls, the Monetary Policy Committee (MPC) has opted to maintain Pakistan's policy rate at 12% during its March 10,
Pakistan's Central Bank Surprises with Rate Hold, Signaling Stability
The State Bank of Pakistan unexpectedly held its policy rate steady at 12%, breaking a six-month easing trend. This decision comes after reducing rates significantly from 22% in June 2024 under an IMF program.
SBP holds policy rate steady at 12pc
The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) maintained the policy rate at 12% on Monday, setting the interest rate for the next two months.The MPC had previously cut the rate by 10% over six sessions,
Analysis-Pakistan pauses rate cuts, but likely not for long
With inflation cooling, Pakistan's central bank hit pause on its multiple rounds of monetary easing that might have risked ...
Pakistan’s Foreign Exchange Reserves Fall by $150 Million in a Week
The foreign exchange reserves held by the State Bank of Pakistan (SBP) fell by over $150 million on a weekly basis according ...