KARACHI: In a recent development, the Monetary Policy Committee (MPC) of the State Bank of Pakistan has reduced the policy rate by 100 basis points (bps) to 11 per cent, citing a sharp decline in inflation during March and April.
“At its meeting today, the Monetary Policy Committee (MPC) decided to cut the policy rate by 100 bps to 11 percent, effective from May 6, 2025,” the central bank said in a statement on Monday.
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