Tue, 21-Oct-2025

Rupee likely to recover amid increase in key policy rate

Rupee

KARACHI: The rupee is likely to make some recovery against the dollar next week due to significant rise in the key policy rate. The Monetary Policy Committee (MPC) in its meeting on November 19, 2019 decided to increase the key policy rate by 150 basis points to 8.75 per cent. The decision was unexpected for … Read more