Tag: policy rate
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SBP raises policy rate by 25 basis points to 7.25 pc
Lahore: At its meeting on 20th September 2021, the Monetary Policy Committee (MPC) decided to raise the policy rate by 25 basis points to 7.25 percent. Since its last meeting in July, the MPC noted that the pace of the economic recovery has exceeded expectations. This robust recovery in domestic demand, coupled with higher…
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Monetary Policy Survey advocates reduction in Policy Rate: FPCCI
Lahore: A monetary policy survey – conducted recently prior to SBP’s Monetary Policy Committee (MPC) meeting later in this month – conducted by Policy Research Unit (PRU), Policy Advisory Board, FPCCI has recommended a reduction in policy rate by 50-100 bps. The survey results show that 84% of the businessmen and researchers in monetary policy…
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SBP upholds policy rate at 7 percent
LAHORE: The Monetary Policy Committee (MPC) of State Bank of Pakistan (SBP) Tuesday decided to maintain the policy rate at 7 percent as domestic recovery continued and inflation outlook improved. At its meeting on 27thJuly 2021, the Monetary Policy Committee (MPC) decided to maintain the policy rate at 7 percent. Since its last…
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ICCI resents further hike in SBP policy rate
Islamabad, 18th July: Islamabad Chamber of Commerce & Industry has resented the decision of State Bank of Pakistan to further hike the policy rate by 100 basis points taking it to 13.25 percent and termed it an unhealthy decision. President Islamabad Chamber of Commerce and Industry (ICCI)Ahmed Hassan Mughal said this while addressing a meeting…