SBP cuts key policy rate by 250bps to 15pc

SBP cuts key policy rate by 250bps to 15pc

The State Bank of Pakistan (SBP) announced on Monday that it had decided to cut its key policy rate by 250 basis points (bps) to 15 per cent from 17.5pc amid demands for a major rate cut. “At its meeting, the Monetary Policy Committee (MPC) decided to cut the policy rate by 250 basis points […]

Read the full story at the Daily Times website.