pakistan
Central bank keeps policy rate unchanged at 11.5pc
Key takeaways
- The decision was made during a meeting for the final policy review of FY26.
- In FY26, the only increase in the policy rate came in the previous review on April 27, when the SBP raised the benchmark rate by 100 basis points to 11.5pc.
- The increase was attributed to geopolitical tensions following the conflict in the Gulf, which pushed oil prices higher and disrupted global supply chains.
Why this matters: local context for readers following news across Pakistan and the region.
A logo of the State Bank of Pakistan (SBP) is pictured on a reception desk at the head office in Karachi on July 16, 2019. — Reuters/File Listen to article 1x 1.2x 1.5x comments Join our Whatsapp Channel Add Dawn as a trusted source The State Bank of Pakistan decided to keep the policy rate unchanged at 11.5 per cent on Monday.
The decision was made during a meeting for the final policy review of FY26.
In FY26, the only increase in the policy rate came in the previous review on April 27, when the SBP raised the benchmark rate by 100 basis points to 11.5pc.
Article preview — originally published by Dawn News. Full story at the source.
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