SBP reduces policy rate by 150bps to 11%
The State Bank of Pakistan Tuesday reduced its benchmark policy rate by 150 basis points to 11%, the second cut in a week, due to the impact of the coronavirus outbreak on the national and global economy. Measures aimed at curbing business activity are expected to lead to a significant slowdown in domestic demand, the […]
Daily Times then DailyTimes.pk
from Daily Times https://ift.tt/3du6n9S
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