SBP Decreases Interest Rate by 100 Basic Points: From 20.5 Pc to 19.5 Pc

SBP Decreases Interest Rate by 100 Basic Points: From 20.5 Pc to 19.5 Pc

SBP Decreases Interest Rate by 100 Basic Points From 20.5 Pc to 19.5 Pc

Governor State Bank, Jameel Ahmed held a presser on Monday. He stated that the Monetary Policy Committee (MPC) has decided to decrease the interest rate by 100 basic points. The interest rate has fallen from 20.5 to 19.5, Pc (percent). Moreover, Jameel Ahmed cited the decline in inflation. So decrease in interest rate coincides with […]