Posts tagged as: interest rate

SBP cuts interest rate by 150 basis points

Islamabad: (Friday, August 10, 2012) In a bid to revive the long stalled business activity in the country, the State Bank of Pakistan has decided to cut the key policy rate by 150 basis points. After the decrease, the new rate stands at 10.5 per cent. After keeping the interest rate unchanged for about 9 […]

An analysis of the Interest rate cut on the Economy of Pakistan

An analysis of the Interest rate cut on the Economy of Pakistan The State Bank of Pakistan, in an unexpected move on Saturday, October 8, slashed the discount rate by 1.5% (150 bps) in a bid to kick-start economic activity in the country. However, how far this move will help in facilitating the aim is […]

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