Friday, December 9, 2022
Tags State Bank Of Pakistan

Tag: State Bank Of Pakistan

Business

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

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

State Bank increases policy rate from by 100bps to 16pc

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The State Bank of Pakistan (SBP) on Friday increased the policy rate by I percent from 15 to 16 percent, as it cited high...
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Business

Pakistan’s current account deficit shrinks by 68% in July-Oct period

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Pakistan's current account deficit (CAD) currently stood at $2.8 billion as a result of reduced imports in the first four months of financial year...
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Business

Economic recession: Acting SBP governor allays fears of businessmen

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State Bank of Pakistan (SBP) Acting Governor Dr Murtaza Syed has said that Pakistan will not risk creating economic recession for the sake of...
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Business

Eight-member board of directors to run SBP

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The government on Friday notified eight private sector professionals on the board of directors of the State Bank of Pakistan (SBP) to ensure smooth...
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Business

Major hike in policy rate expected in MPC meeting on May 23

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A majority of market participants expect a major hike in the policy rate in the upcoming Monetary Policy Committee (MPC) meeting of the State...
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National

Dr Murtaza elevated as SBP governor after Dr Reza retires

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Finance Minister Miftah Ismail on Wednesday announced that the three-year term of Dr Reza Baqir as the governor of the State Bank of Pakistan...
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Business

State Bank raises interest rate to 12.25%

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

Tarin rejects reports of autonomy of SBP

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Finance Minister Shaukat Tarin on Monday rejected reports about autonomy being granted to the State Bank, saying the government will still “retain control” over...
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National

SBP governor Baqir sounds optimistic, says GDP to remain around 5%

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State Bank of Pakistan (SBP) Governor Reza Baqir said on Tuesday that the current account deficit (CAD) is expected to increase for the next two...
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