KARACHI, : State Bank of Pakistan (SBP) has enhanced 100 basis points in policy rate.
The interest rate has been increased from 10.50 percent to 11.50 percent.
This decision was taken in the meeting of Monitory Policy Committee held under governor SBP.
It is pertinent to mention here SBP had maintained policy rate at 10.5 percent in previous review.
The decision with reference to interest rate under new monetary policy will come out in today’s meeting.
