Experts term SBP s decision to hike policy rate incomprehensible dailytimes.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailytimes.com.pk Daily Mail and Mail on Sunday newspapers.
SBP hikes interest rate to record 15% dailytimes.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailytimes.com.pk Daily Mail and Mail on Sunday newspapers.
The central bank of Pakistan has increased the interest rate by 125 basis points (bps) to 15% in a bid to check the spiraling inflation. . The "most important" objective behind the move was to control inflation, said the acting governor of the State Bank of Pakistan Dr Murtaza Syed at a press conference after the monetary policy committee (MPC) met to decide on the policy