SBP keeps policy rate at 22 per cent with emphasis on continued fiscal consolidation

KARACHI, Mar 18 (APP):State Bank of Pakistan (SBP), on Monday, cautiously decided to keep policy rate at 22 per cent on pretext of elevated inflation expectations that required continuity of the current monetary stance to bring inflation down. The Monetary Policy Committee (MPC) also emphasized on timely realization of planned external inflows along with continued… Continue reading SBP keeps policy rate at 22 per cent with emphasis on continued fiscal consolidation

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