Monday, October 3, 2022
HomeBUSINESSSBP further increases policy rate by 150bps to control inflation

SBP further increases policy rate by 150bps to control inflation

This file photo shows the building of the State Bank of Pakistan. — AFP

KARACHI: In a bid to maintain the balance between inflation and economic growth, the State Bank of Pakistan (SBP) on Monday raised the benchmark policy rate by 150 basis points to 13.75% for the next six weeks.


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