Economy

SBP to announce new monetary policy on Monday

admin_kbComments Off on SBP to announce new monetary policy on Monday

The State Bank of Pakistan will announce the new monetary policy for the next two months on Monday.

According to the SBP sources, the Monetary Policy Committee would convene in Karachi to assess economic statistics before deciding whether to raise or lower interest rates.

The State Bank’s current policy rate is 22 per cent.

Source: Radio Pakistan

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