State Bank of Pakistan Keeps Policy Rate Steady at 22% Amidst Market Expectations

Monday, 18 March 2024, 10:49

The State Bank of Pakistan has decided to hold the policy rate at 22%, aligning with market expectations. A survey revealed that a majority of participants anticipated the unchanged policy rate, reflecting stability in the country's monetary policy. The decision signifies the central bank's commitment to managing inflation and supporting economic growth amidst current financial conditions.
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State Bank of Pakistan Keeps Policy Rate Steady at 22% Amidst Market Expectations

State Bank of Pakistan Maintains Steady Policy Rate

The State Bank of Pakistan has announced its decision to keep the policy rate at 22% for the sixth consecutive session.

Market Expectations Aligned

A survey conducted among key market participants indicated that 55% of respondents anticipated the policy rate to remain unchanged.

  • This decision reflects the central bank's commitment to managing inflation and supporting economic growth.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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