Published in The Banker Pakistan, September 22th, 2014.
KARACHI: In line with analysts’ expectation, the State Bank of Pakistan (SBP) maintained the target rate on Saturday at 5.75% for the next two months. Addressing a press conference, SBP Governor Ashraf Wathra termed the increase of Rs461 billion in private-sector credit in 2015-16 (as opposed to Rs224 billion in 2014-15) “remarkable”. “This indicates that existing […]
Lahore – The State Bank of Pakistan (SBP) will announce Monetary Policy this Saturday for the next two months. Although current low inflation indicates that some room exists for monetary easing, but status quo is expected to continue as the inflation reading is now on upward trajectory while there are fears of trade deficit accumulation. […]
KARACHI: State Bank of Pakistan Governor Ashraf Mahmood Wathra will announce monetary policy for next two months on Saturday. In the previous Monetary Policy Statement in May the interest rate was reduced by 25 basis points from 6 per cent to 5.75pc. Little is expected to be changed since the economic horizon has largely been […]
KARACHI: In line with the analysts’ expectation, the newly formed Monetary Policy Committee of the State Bank of Pakistan (SBP) decided on Saturday to keep the benchmark interest rate unchanged for the next two months. A majority of analysts The Banker Pakistan polled had expected the SBP would keep the rate flat at 6%. Announcing the decision of […]