Thursday, December 2, 2021

Key takeaways from MPS

Key Takeaways from Monetary Policy Statement

SBP increased the policy rate by 150bps to 12.25% from 10.75% in the MPS announced on Monday. 1.     Higher recent MoM core and head line inflation, 2.      Recent Exchange Rate Depreciation, 3.      Elevated fiscal deficit and increased monetization and, 4.      Potential adjustments in utility (gas and electricity)...
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Latest News

Canada bans entry to travelers from 10 countries

Canada has banned entry to travelers from Egypt, Nigeria, and Malawi, amid the rising spread of the Omicron variant...
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