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Friday November 25, 2022

SBP Issues Monetary Policy Fixing Interest Rate On 16 Percent

Karachi: State Bank of Pakistan (SBP) on Friday announced a monetary policy for next two months as it fixed an interest rate on 16 percent.

The SBP has hiked an interest by one percent while apprising the reason for an uptick in the interests rate, the SBP said that the pressure of inflation is continues and more than the expectation.

The post SBP Issues Monetary Policy Fixing Interest Rate On 16 Percent appeared first on Abb Takk News.

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