KARACHI: The State Bank of Pakistan (SBP) will likely raise its key interest rate again on Monday to tackle persistently high inflation, giving in to pressure from the International Monetary Fund (IMF), analysts said. Pakistan must continue its monetary tightening cycle, the International Monetary Fund (IMF) said in a staff report earlier in July, a week after the lender approved a new bailout arrangement …
Read More »SBP may lift rate on IMF pressure, say analysts
July 28, 2023