Thursday, July 7, 2022
Tags Interest rate

Tag: Interest rate

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...

Hike in policy rate; good news for the banking sector

The State Bank of Pakistan (SBP) hiked the policy rate on Monday by 25bps taking the benchmark policy rate to 7.25% from being 7%...

Bloodbath at PSX; Index plunges over 1000 points

Pakistan Stock Exchange recorded a sharp slump of over 1,000 points during the intraday trading on Wednesday. Multiple reasons have been cited for the...

State bank of Pakistan hikes policy rates by 25 bps

In a major policy shift, the State Bank of Pakistan (SBP) on Monday announced its decision to revise up the benchmark interest rate by...

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