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LAHORE, Oct 28 (APP):The State Bank of Pakistan (SBP) will announce a new monetary policy for the next two
months on Monday (Oct 30).
According to the SBP sources, the Monetary Policy Committee (MPC) would convene in
Karachi to assess economic statistics before deciding whether to raise or lower interest rates.
It is important to keep in mind that the State Bank’s policy rate is currently 22 per cent.