Friday, 28 May 2021

SBP keeps policy rate unchanged at 7% for fifth consecutive time

The State Bank of Pakistan (SBP) on Friday kept the benchmark interest rate unchanged at 7% for the fifth consecutive time, while viewing growth and inflation expectations as well-anchored. Encouraged by upward revision of the FY21 growth forecast to 3.94%, the Monetary Policy Committee (MPC) decided to maintain the policy rate at 7%, noting that […]

from Daily Times https://ift.tt/2R66uCa

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Pakistan seeks collaboration with SCO Trade and Economic Platform

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