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Tag Archives: No change likely in key interest rate

No change likely in key interest rate


July 24, 2021

KARACHI: Analysts expect that the State Bank of Pakistan (SBP) will keep the benchmark interest rate unchanged at seven per cent at the upcoming meeting of the monetary policy committee (MPC) next week. The MPC will announce the policy rate — which is the rate at which commercial banks are allowed to borrow from the SBP on an overnight basis …

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