This is not the time for keeping interest rates stable. The State Bank of Pakistan (SBP) has given its verdict against the government’s desire for — and most analysts’ predictions about — no interest rate hike. The SBP has raised its policy rate by 25 basis points to 10.25pc for February and March. At a meeting of the Monetary and …
Read More »Intricacies of the policy rate hike
February 4, 2019