Tag: #interestrate
-
Record shortage of Pakistan marginally enlarges to $1.9bn
According to the post-data record by Arif Habib Limited on a year-on-year basis, the primary reason behind the deficit was a 57% year-on-year increase in total imports to $7.3 billion. However, the brokerage house added that total exports and remittances also increased by 20% and 1% year-on-year, respectively. During November, the balance of trade in…
-
Lowest Interest Rate Record in the Bank of England
London, Dec 17 (AFP/APP): The Bank of England has kept its key interest rate at a record-low 0.1 percent and maintained the huge amount of cash stimulus pumping around the economy, it announced Thursday. Following its final monetary policy meeting before the end of the Brexit transition period on December 31, the BoE said it…