#IMF's endorsement of #Pakistan's $3B program marks a pivotal moment, with a $1.1B disbursement expected this week. After 8 years, Pakistan's completion of IMF program sets the stage for a new chapter. However, path ahead demands stringent fiscal prudence. #Columbia#SBP#PBS
The State Bank of Pakistan (SBP) announced on Monday that it is maintaining its key policy rate at 22 per cent, marking the seventh consecutive meeting with no changes to the rate.
Read more: thecurrent.pk/policy-rate-2/#TheCurrent#SBP
Pakistan central bank holds the key rate at 22% to tame inflation, despite economic recovery
Interest rate unchanged for 7th meeting in a row to fight inflation.
#SBP#Pakistan
#April29
3. #Pakistan's stock exchange #PSX benchmark share index breached the key level of 73,000 to trade at a record high, surging by over 75% in a year as #Islamabad looks at #IMF releasing its tranche while #SBP in #Karachi planning its new monetary policy.
#Monday#News
#Pakistan's political landscape sees a pattern: Ishaq Dar becomes the 4th Deputy PM in history. 🇵🇰 Past Deputy PMs had a tenure of nearly 1 year each:
Market reacts as #PSX drops 1000+ points may also be due to #SBP MP decision. Policy rate maintained at 22%
At the end of the trading session, PKR depreciated by 0.00% DoD against the greenback to settle at 278.40 whereas, it has appreciated by 1.24% CYTD and appreciated by 2.73% FYTD.
#ExchangeRate#SBP@StateBank_Pak
The State Bank of Pakistan (SBP) chose to maintain the status quo by upholding the key policy rate at 22 per cent for the seventh policy meeting in a row.
#pakistaneconomy#mps#kibor#interbank#sbp
The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) in its meeting held on April 29, 2024, has decided to maintain the Policy Rate at 22 percent.
For detail information, click on the below link:
sbp.org.pk/press/2024/Pr-…#mufap#SBP#MonetaryPolicy#pakistan
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