Friday, December 9, 2022
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Tag: Interest rate

Under IMF pressure: Will SBP raise interest rate to 20%?

In a worrisome prediction, an analyst associated with JP Morgan has warned that the State Bank of Pakistan could hike interest rate by another...

Tackling inflation: India hikes interest rate by 35 basis points

Following the global trend barring a few exceptions like Turkey and Japan, the Reserve Bank of India (RBI) on Wednesday hiked the key policy...

Australia raises interest rate that will add to monthly mortgage burden

A move that can be described as global trend barring a few exceptions, the Australian central bank on Tuesday increased the interest rate by...

Interest rate hike hits stock market, KSE-100 index falls 865 points

The Pakistan Stock Exchange witnessed a bloodbath as the KSE-100 Index was down by 865 points on Monday after the State Bank last week...

Monetary policy: SBP keeps interest rate unchanged for 6 weeks

The State Bank of Pakistan (SBP) on Monday maintained the status quo in the interest rate at 15% — the highest since November 2008. The...

Kibor at 13-year high; another interest rate hike on the cards

The Karachi Inter-Bank Offered Rate (Kibor) on Tuesday reached a 13-year high at 14.1 per cent, reflecting the growing pressure for another interest rate...

Hike in interest rate by SBP draws criticism

The rec­ent decision of the State Bank of Pakistan (SBP) to increase the interest rate has received widespread condemnation from the business community and...

State Bank raises interest rate to 12.25%

In a surprise move, the State Bank of Pakistan (SBP) on Thursday raised its benchmark interest rate by a significant 250 basis points to...

SBP likely to keep key interest rate unchanged

The State Bank of Pakistan (SBP) is scheduled to meet on Tuesday (today) to assess developments on the economic front and announce its monetary...

SBP announces monetary policy, keeps interest rate unchanged at 9.75%

The State Bank of Pakistan (SBP) on Monday maintained the benchmark interest rate unchanged at 9.75 percent for the next two months to lower...

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