The State Bank is anticipated to keep interest rates unchanged today.

The State Bank of Pakistan (SBP) will release its latest monetary policy on Monday (today).

The SBP’s Monetary Policy Committee is anticipated to maintain the interest rates at their current level due to the inflation rate of approximately 23.1% in February. The inflation rate recorded in January was 28.3%.

Nevertheless, there is a potential for a reduction in interest rates as a result of a decline in inflation, which might lead to a decrease in interest rates in order to bolster the economy. Presently, the interest rates are at a rate of 22%.

However, several analysts speculate that an announcement regarding monetary policy in April could potentially include rate reductions. This is due to the expectation that inflation may reach approximately 20–21 percent in March.

Relevant Subjects

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button