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.
More to Follow
KARACHI: A significant decline has been recorded in the price of gold in bullion markets across…
ISLAMABAD (Rizwan Abassi): Pakistan’s recent trade policy has gained significance amid reports that the United…
ISLAMABAD: Important legislation may be considered in the negotiations between the Pakistan People's Party (PPP)…
ISLAMABAD: If you are thinking of applying for a UK visa from Pakistan and are…
LAHORE: The Drugs Control of Punjab declared a Class-I alert after the lab tests confirmed…
KARACHI: The government has decided to include unmarried women above the age of 35 in…