SBP slashes key policy rate by 250bps to 15pc from 17.5pc
The State Bank of Pakistan (SBP) on Monday announced a reduction in its policy rate by 250 basis points, bringing it down to 15 percent from the previous 17.5 percent. This decision, made in response to calls for a significant rate cut, was finalized during a Monetary Policy Committee (MPC) meeting chaired by SBP Governor … Read more