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BreakingPakistani Small Businesses Get New Route to Global Markets Through Alibaba Partnership
BreakingShehbaz Sharif Orders Faster Construction of Daanish Schools Across Pakistan
Breaking50 Pharmaceutical Companies Raised Medicine Prices by Up to Rs2,000, Says Mustafa Kamal
BreakingGold Price Falls by Rs10,800 per Tola in Pakistan
BreakingLahore-Sialkot Motorway Set for Expansion to Six Lanes
BreakingPakistan Collects Rs4.4 Trillion in Petroleum Levy Over Four Years
Gold 24KRs 415,020▼ 1.23%
Gold 24KRs 355,819▼ 1.23%
Gold 22KRs 380,435▼ 1.23%
SilverRs 5,312.00▼ 5.26%
USD / PKRRs 276.78▲ 0.09%
EUR / PKRRs 309.04▲ 0.13%
GBP / PKRRs 370.47▲ 0.38%
SAR / PKRRs 73.81▲ 0.09%
AED / PKRRs 75.36▲ 0.09%
CNY / PKRRs 41.50▲ 0.20%
ECONOMYMarkets · Policy · Power
Pakistan

State Bank of Pakistan Jacks up key rate to record high of 22%

WDWeb DeskPublished 1 min read
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State Bank of Pakistan Jacks up key rate to record high of 22%

Following the withdrawal of its import guideline, the State Bank of Pakistan's (SBP) Monetary Policy Committee resolved in an emergency meeting on Monday to raise the policy rate by 100 basis points (bps) to 22%.

https://twitter.com/StateBank_Pak/status/1673302926985670657?

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