With the vital financial institution gearing as much as announcing the monetary coverage subsequent week, analysts expect the State Bank of Pakistan (SBP) to tighten its coverage settings so that it will fight runaway inflation and help the battered rupee, The News said. The marketplace awaits the outcome of the crucial bank’s May 23 assembly … Read more
KARACHI: The Pakistan equity market moved both ways on Wednesday managing to close in a green territory as the global oil prices came below the level of $125/barrel followed by the unchanged Monetary Policy Statement (MPS) announcement. “However, the ongoing geopolitical tensions coupled with the uncertainty in local politics amid submission of no-trust motion against … Read more
KARACHI: The State Bank of Pakistan (SBP) on Monday clarified media reports over its stance on the recently announced monetary policy. The SBP said that over the last few weeks, certain sections of the media, including op-eds have expressed concerns over the actions of the State Bank of Pakistan, particularly regarding the monetary policy decisions … Read more
KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) has decided to issue the next monetary policy statement on November 19, 2021. The Monetary Policy Committee brings forward its next meeting from the previously announced date of November 26, 2021. It will now convene in the SBP office Karachi on Friday. … Read more
