📌 Key Highlights & Quick Takeaways:
- State Bank of Pakistan has increased the interest rate from 11 and a half percent to 12 percent.
- The monetary policy committee of the central bank met, in which the interest rate was increased by 50 basis points for the next one and a ha.
- It may be recalled that the rate of interest was maintained at 11.5% in the previous reviews.
State Bank of Pakistan has increased the interest rate from 11 and a half percent to 12 percent.
The monetary policy committee of the central bank met, in which the interest rate was increased by 50 basis points for the next one and a half months.
It may be recalled that the rate of interest was maintained at 11.5% in the previous reviews.
In today's meeting, the Monetary Policy Committee reviewed the inflation situation and other economic indicators, after which it was announced to increase the interest rate from 11 and a half percent to 12 percent.
