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The State Bank of Pakistan (SBP) on Monday announced maintaining the key policy rate at 22%.
According to a statement issued by the central bank, the Monetary Policy Committee (MPC) decided to maintain the policy rate at 22%. This decision takes into account the latest inflation outturn reflecting the continuing declining trend in inflation from its peak of 38% in May to 27.4% in August 2023.
More to follow…
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