Pakistan’s central bank cuts benchmark interest rate for sixth straight meeting
Pakistan’s central bank cut its key policy rate by 100 basis points to 12% on Monday, marking the sixth consecutive reduction amid easing inflation. The bank’s governor noted core inflation remains high,
Pakistan central bank likely to deliver sixth straight rate cut to revive economy- Reuters poll
Pakistan's central bank is expected to lower its key interest rate by at least 1 percentage point on Monday, analysts said, in its sixth straight cut as it attempts to revive economic and business sentiment as inflation slows sharply.
SBP cuts policy rate by 100bps to 12pc as inflation eases
The State Bank of Pakistan (SBP) announced on Monday a reduction in the key policy rate by 100 basis points (bps), bringing it down to 12 percent from 13 percent. This decision aligns with market expectations.
Pakistan central bank lowers benchmark interest rate to 12%
The State Bank of Pakistan has reduced its benchmark interest rate by 100 basis points to 12%, marking the sixth consecutive meeting where the rate has been cut. The decision was announced by Governor Jameel Ahmad in Karachi on Monday.
Pakistan central bank cuts key rate to 12% amid easing inflation
Pakistan's central bank cut its benchmark interest rate by 100 basis points to 12% on Monday, in line with expectations, as inflation eases and growth looks to set to pick up after 1,000 basis points of rate cuts over the last six months.
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