Thursday, October 28, 2021

Monetary Policy statement

Pakistan tops in discount rate among Asian countries

State Bank of Pakistan SBP in its meeting on Tuesday raised the discount rate by 100 bps to 13.25 percent with effect from 17th July 2019. The decision takes into account upside inflationary pressures from exchange rate depreciation since the...

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

Protests in Tokyo against the marriage of Princess Mako with a commoner

The protest took place in the Japanese capital, Tokyo, in conjunction with the wedding of Japanese Princess Mako with...
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