Business

State Bank keeps interest rate unchanged at 11.5%

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Abdul khalique

ISLAMABAD: The State Bank of Pakistan (SBP) has announced its latest monetary policy, deciding to keep the key policy rate unchanged at 11.5 percent.

According to a statement issued by the central bank, the decision was taken after a detailed review of the country’s economic indicators, inflation trends, external sector performance, and overall financial conditions.

The State Bank said that the Monetary Policy Committee assessed the latest economic data before reaching its decision to maintain the benchmark interest rate at the current level.

This is the second consecutive monetary policy announcement in which the central bank has opted to leave the policy rate unchanged, signaling a cautious approach amid evolving domestic and global economic conditions.

The State Bank noted that it will continue to monitor inflation, economic growth and external sector developments and take appropriate measures when necessary to maintain price stability and support sustainable economic growth.

Abdul khalique

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