Friday, December 9, 2022
Tags State Bank Of Pakistan

Tag: State Bank Of Pakistan

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...

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

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

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

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...

Economic recession: Acting SBP governor allays fears of businessmen

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

Eight-member board of directors to run SBP

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

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

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

Dr Murtaza elevated as SBP governor after Dr Reza retires

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...

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...

Tarin rejects reports of autonomy of SBP

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

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

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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