SBP announces monetary policy, reducing interest rate by 50 basis points

KARACHI: The State Bank of Pakistan (SBP)has announced a monetary policy and reduced the interest rate by 50 basis points.

After the announcement of the monetary policy issued by the central bank, the new interest rate has been set at 10.50 percent.

Economic analysts were expecting that the interest rate would be maintained at 11 percent, but unexpectedly, the Monetary Policy Committee reduced the interest rate by 50 basis points.

It should be remembered that the State Bank last reduced the interest rate by 100 basis points in May 2025, after which the interest rate was maintained at 11 percent for a consecutive period.