SBP keeps the policy rate unchanged, says inflation in 2021 is projected to be in the range of 7-9%

On Monday, Pakistan’s central bank announced that the current interest rate at 7 percent will remain unchanged and that it expected inflation to fall within the previously announced range of 7-9 percent for fiscal year 2021

During a meeting of the Monetary Policy Committee (MPC) earlier today, the State Bank of Pakistan (SBP) decided to keep the current interest rate at 7 percent, it said in a statement..

 

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