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SBP likely to drop interest rate today in new monetary policy

The State Bank of Pakistan (SBP) will announce the Monetary Policy on Monday (today), ARY News reported. The MPC will review overall financial and fiscal...

SBP slashes interest rate by 100 basis points

The State Bank of Pakistan (SBP) on Monday slashed policy rate by 100 basis points in the first monetary policy of 2025, ARY News...

APTMA demands interest rate slash in Pakistan

All Pakistan Textile Mills Association (APTMA) chairman demanded reduction in interest rate in Pakistan to boost textile exports, ARY News reported on Friday.  As per...

SBP can further slash interest rate in November, says Aurangzeb

Finance Minister Muhammad Aurangzeb Wednesday hinted State Bank of Pakistan (SBP) might further slash interest rate in November's Monetary Policy. "SBP has cut its benchmark...

Gohar Ejaz demands further decline in interest rate in Pakistan

LAHORE: Former caretaker Commerce minister, Gohar Ejaz has called for an urgent 4 per cent reduction in the current interest rate, which stands at...

Bank of Japan raises key interest rate for second time in 17 years

The Bank of Japan lifted its main interest rate Wednesday for just the second time in 17 years in another step away from its...

SBP cuts key policy rate by 100bps to 19.5pc

KARACHI: The State Bank of Pakistan (SBP) on Monday reduced the key interest rate by 100 basis points (bps) to 19.5 per cent from...

SBP might cut interest rate in new monetary policy today

The State Ban of Pakistan (SBP) is likely to slash interest rate in new Monetary Policy Committee (MPC) today (Monday), ARY News reported. Governor SBP...

SBP slashes interest rate to 20.5pc

KARACHI: In a big move, the State Bank of Pakistan announced on Monday to cut the interest rate by 150 basis points (bps) to...

Interest rate likely to drop by 2pc in Pakistan

KARACHI: Due to the recent inflation decline, the interest rate is likely to decrease by two percent in Pakistan for the next financial year,...

SBP keeps interest rate unchanged at 22pc

The State Bank of Pakistan (SBP) on Monday decided to keep the interest rate unchanged at 22 per cent for next 45 days, ARY...

SBP holds interest rate at 22pc

KARACHI: The State Bank of Pakistan (SBP) on Tuesday decided to maintain its benchmark interest rate unchanged at 22 percent, ARY News reported, citing...

Pakistan assures IMF of taking anti-inflationary measures

ISLAMABAD: Pakistan has assured the International Monetary Fund (IMF) of taking anti-inflationary measures, ARY News reported citing sources. According to sources, the caretaker government of...

Trudeau expects Canadian interest rates to come down in 2024

Canadian Prime Minister Justin Trudeau expects interest rates are going to start coming down by the middle of next year, in-line with recent Reuters...

SBP governor clarifies on interest rate hike

Responding to rumours regarding another possible hike interest rate, the State Bank of Pakistan (SBP) Governor Jameel Ahmed clarified that there will not be...

Turkey hikes interest rate in Erdogan policy U-turn

ISTANBUL: Turkey on Thursday pivoted away from years of unconventional economics promoted by President Recep Tayyip Erdogan as the central bank nearly doubled its...

China central bank cuts key interest rate to boost economy

China's central bank on Thursday cut a key interest rate and injected $33 billion into financial markets in a bid to boost flagging growth...

Erdogan hints at rate hike after election victory

ISTANBUL: Turkish President Recep Tayyip Erdogan signalled Wednesday that he would let his new economic team hike interest rates to combat inflation and stabilise...

Monetary Policy: SBP keeps key interest rate unchanged at 21pc

ISLAMABAD: The Monetary Policy Committee (MPC) of State Bank of Pakistan (SBP) has decided to keep the policy rate unchanged at 21 percent for...

Australia stuns markets by raising cash rate 25 basis points

Australia's central bank on Tuesday stunned markets by raising its cash rate 25 basis points when traders had looked for an extended pause, saying...
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