It was recently revealed that the State Bank of Pakistan is about to release a new monetary policy. While many were expecting that the discount rate would change with the upcoming monetary policy, the IMF and the inflation rate did not allow this to happen. This is the reason why it was recently revealed that […]
In response to what have been characterized as steadily improving inflation figures, the State Bank of Pakistan has cut its benchmark interest rate from 10.5% to 10%. The SBP earlier in August had reduced the interest rate by 150 basis points amid an improved inflation projection for 2012-13 and for encouraging private investment. The move […]
Oct 6 2012 | Posted in
Business,
Pakistan |
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A revision of the monetary policy by the State Bank of Pakistan on Saturday, October 8 attracted investors towards the stock market, but the KSE-100 index, used as a benchmark index, did not show any significant increase. SBP, citing low inflation numbers, adopted an aggressive expansionary policy, slashing the discount rate by 1.5% (150 bps) […]
Oct 16 2011 | Posted in
Business |
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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 […]
Oct 15 2011 | Posted in
Business,
Pakistan |
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