Policy rate in Pakistan

Pakistan’s central bank raises key policy rate by 100 bps to 11.5%

Pakistan’s central bank raises key policy rate by 100 bps to 11.5%

  • The development comes as rising oil prices from the US-Iran war threaten to push inflation higher in Pakistan
  • The Pakistani central bank says the decision aims to achieve the objective of price stability over the medium term
By Waseem Abbasi ·