basis points – BOL News Staging

SBP slashes Policy rate by 200 basis points to 13%

December 16, 2024 by Rao Abdullah

KARACHI: The State Bank of Pakistan (SBP) announced a significant reduction in its policy rate, cutting it by 200 basis points to 13% during its monetary policy meeting on Monday. The new rate will take effect on December 17, 2024. “At its meeting today, the Monetary Policy Committee (MPC) decided to cut the policy rate … Read more

State Bank to announce monetary policy on 27th

July 24, 2021 by Web Desk

KARACHI: The Monetary Policy Committee of the State Bank of Pakistan (SBP) will meet on Tuesday, July 27, 2021, at the SBP Karachi to decide about the monetary policy, a statement said. State Bank of Pakistan Governor Dr Reza Baqir will address a press conference on the same day after the meeting, it added. Meanwhile, … Read more

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