Tag Archives: Policy rate to remain unchanged at 7pc

State Bank of Pakistan (SBP) kept interest rates on hold at 7 per cent on Friday as it sought to balance economic headwinds from the Covid-19 pandemic with the need to curb inflation. “The [Monetary Policy Committee] felt that the existing accommodative stance of monetary policy remained appropriate to support the nascent recovery while keeping inflation expectations well-anchored,” SBP said …

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