Thursday, 25 June 2020

Yet another rate cut

The state bank cut its main interest rate just as suddenly as the government announced shutting down selected localities, and now it is down another 100 basis points to 7pc. This makes it the fifth time that SBP (State Bank of Pakistan) has cut rates since March, when the coronavirus started spreading throughout the country. […]

from Daily Times https://ift.tt/3dtfpCM

No comments:

Post a Comment

Pakistan seeks collaboration with SCO Trade and Economic Platform

Pakistan seeks collaboration with the SCO Trade and Economic Platform, Gwadar Pro reported on Friday. A Pakistani delegation led by Ali Huss...